To: Mike E. who wrote (82376 ) 3/4/2000 4:43:00 PM From: KevinMark Read Replies (2) | Respond to of 108040
Mike? Another one to keep on your watch list is GCAP.... OS..of only 5mil and a float of 2 mil. A market cap of only 50 million! That's right! 50 million! More than 50% of their revenues are from the United States now. Their revenues increased by 75% over the last 6 months ending 9/30/99! And there only going to continue to grow after shifting focus to the U.S. market! Global Capital Partners Inc. 6000 Fairview Rd., Ste. 1410 Charlotte, NC 28210 (Map) Phone: 704-643-8220 Fax: 301-643-8097 Global Capital Partners (formerly Eastbrokers International) provides financial services in Central and Eastern Europe through its Eastbrokers Vienna subsidiary. From its offices in Austria, Kazakhstan, Poland, and other countries, Global Capital Partners offers brokerage and investment banking services. It primarily distributes and trades Eastern and Central European securities. As Russia and Eastern Europe prove that, yes, things can get worse, Global Capital Partners has expanded operations in the US (now accounting for about half of revenues), hence the name change . Entities associated with vice chairman Wolfgang Kossner own 30% of the company; chairman, president, and CEO Martin Sumichrast owns about 25%. Charting: clearstation.com 2 key things to note regarding this chart. 1. The stock has progressively moved north while the MACD lines have moved south. 2. The MACD histogram is beginning it's upper leg. This has breakout written all over it. This will pop on little volume with a float of 2mil.I am a long term holder of this stock. Expecting a double within 2 weeks and then possible splits thereafter. This has 5 bagger written all over it. One more key note...There based in Charlotte, which is my hometown. Charlotte for those who may not know this, is the #2 banking city second to NYC. They overtook San Fran after Nations Bank acquired Bank of America. Hugh Mcoll(CEO of Nations Bank) decided upon changing the name to Bank of America, due to the large presence out west. Something Nations Bank never had, nor want to lose by switching names. Brokerage firms are moving to Charlotte quicker than you and I can count. Current banks based there include Bank of Amer/First Union/Wachovia/UCB/and a ton of home equity banks. The point is... GCAP is just getting noticed after being lost in the shadows of the big boys. Global Capital Partners Ticker: GCAP Page 1 of 10 Complete Financials: September 1999 Exchange NASD Earnings Announcement: December 1999* FY END MAR ISSUE DATA (02/25/00) PER SHARE DATA RATIOS Price $ 9.88 EPS (TTM) $ -0.12* P/E (TTM) NM* 52W High $ 11.88 Div. Rate $ 0.00 Yield 0.00 % 52W Low $ 1.94 Book Value $ 3.25 Price/Book 3.04 Shrs Out 5.21 Mil Cash $ 0.42 ROE (TTM) -2.09*% Float 2.60 Mil Rev (TTM) $ 8.54* ROA (TTM) -0.41*% Mon. Vol 5.51 Mil Curr. Ratio NM Beta 0.70 LT Dbt/Eqty 0.23 BRIEF: GCAP provides a wide range of financial services in the U.S., Central Europe, & Eastern Europe. Its businesses include securities underwriting, asset management, merchant banking, brokerage and research services, and securities clearance services. For the six months ended 9/30/99, revenues rose 75% to $18.1M. Net income totalled $792K vs. a loss of $3.1M. Results reflect the consolidation of EBI Securities, & lower professional and consulting fees. *PRELIMINARY: For the 3 months ended 12/31/1999, revenues were 11,597; after tax earnings were 1,702.