**DBDY*** - Incredible Pick! This stock has flown from .81 yesterday morning to 1.21 right now, and is showing no signs of weakening. The company is profitable, and just signed a contract that will increase it's yearly revenue exponentially. I'm attaching a release of the contract info and their latest earnings. You can see they have an incredible profit margin, and with the increased buisness looks to be trading at p/e of 2, if you consider future earnings! Do your own DD, but I like this one ALOT. And undiscovered GEM!
GRAND ISLAND, N.Y., Feb 26 (Reuter) - Double Day Inc said
on Wednesday it signed a $140 million reclamation contract with
<Mon View Mining Corp> of Uniontown, Pa., to remediate a waste
coal fines pond in Washington County, Pa.
Double Day's Diversified Resources International Ltd unit
will dredge the pond and build a plant to clean the fines and
prepare them for sale. The contract is for 11 years.
Double Day recycles non-hazardous industrial wastes and
by-products.
GRAND ISLAND, N.Y.--(BUSINESS WIRE)--Nov. 21, 1996--Double Day Inc.
(Bulletin Board Symbol: DBDY), announced today that earnings before
effects for income taxes for the nine months ended September 30, 1996
were $551,722 on revenues of $1,944,479.
Gross profit margins continued their 1996 trend at 63% as of
September 30, 1996 versus 32% for the year ended December 31, 1995.
Per share earnings were $0.042 per share for the nine month period
compared to $0.022 for the year ended December 31, 1995. Revenues
for the full year ended December 31, 1995 were $2,269,792 with pretax
income of $258,522.
Double Day, Inc. also reported that total assets reported as of
September 30, 1996 were $3,965,266 compared to $4,061,600 at June 30,
1996 and $1,981,908 as of December 31, 1995. Net tangible equity
before adjustments for the September 30, 1996 tax accrual rose to
$3,499,921 from $3,381,704 as of June 30, 1996 and $1,348,369 as of
December 31, 1995.
CONTACT: Double Day, New York
Michael Stanek, 716/773-1300
716/773-1444 fax
Good luck to all,
Chimi |
