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Gold/Mining/Energy : EMG (EMY.V) -- Ignore unavailable to you. Want to Upgrade?


To: maintenance who wrote (13)1/20/2001 2:23:18 PM
From: Montana Wildhack  Respond to of 22
 
maintenance,

You mentioned a little while ago that no one has
heard of this company.

It's hard to believe but as a new investor to it,
it sure looks that way.

Saw this in Stockhouse and notice it hasn't been
posted.

ELECTRONICS MANUFACTURING GROUP INC ("EMY-V") - Recognized as Alberta's Fastest Growing Manufacturing Company
Electronics Manufacturing Group Inc. announced that the company received recognition as one of the fastest growing companies in Alberta Venture Magazine's 2001 listing.

EMG placed sixth in the list of Alberta's 30 top performing businesses based upon ten different categories, including growth in gross sales, assets, profitability and employees, as well as product development, incentive programs, investment in research and development, capital expenditures, marketing, and export activity.

EMG posted 3,681% sales growth from 1997 through 1999, making it the fastest growing manufacturing company in Alberta to appear on the list following four e-business related companies and AltaGas Services Ltd. The complete list of Alberta's Fastest Growing Companies can be viewed at www.albertaventure.com, or in the January 2001 edition of Alberta Venture Magazine.

"EMG is honoured to be recognized as a leader in our home Province," explained David Snell, Vice Chairman and CEO. "It is a tribute to EMG's employees, customers, suppliers, and our shareholders and speaks well to our commitment to be fast, flexible and responsive in bringing new high technology products to market on behalf of our customers."

About Alberta's Fastest Growing Companies - Version 2001: is presented by Alberta Venture magazine with the assistance of Grant Thornton Chartered Accountants and Management Consultants and the sponsorship of Alberta Treasury Branches, Fraser Milner Casgrain, Online Business Systems and TELUS Mobility. Alberta-based businesses with at least three years of operation are invited to complete a Growth Questionnaire. From the submitted information, companies are ranked by assessing points for 10 different categories, including growth in gross sales, assets, profitability and employees, as well as product development, incentive programs, investment in research and development, capital expenditures, marketing, and export activity.

About EMG Inc.: Electronics Manufacturing Group Inc. is an ISO 9002 registered Electronics Manufacturing Services (EMS) company, providing a complete range of product development and delivery services to the global technology and electronics industry, including design, rapid prototyping, manufacturing and assembly, testing, product assurance, supply chain management, worldwide distribution and after-sales service. With three manufacturing facilities located in Calgary, Alberta and Markham, Ontario, EMG is continually expanding its electronics manufacturing services in order to set the standard for bringing quality electronics products to market quickly. With its corporate headquarters in Calgary, Alberta, EMG employs 355 Canadians and was recently recognized by Profit Magazine as the sixth fastest growing start-up in Canada. EMG is listed on the Canadian Venture Exchange under the symbol "EMY". More information can be found by visiting www.emgplace.com.

....

Thanks for starting the thread. I just bought on the
advice of a newsletter writer, and really like what I
see.

Wolf



To: maintenance who wrote (13)1/21/2001 7:25:08 AM
From: SurfForWealth  Read Replies (1) | Respond to of 22
 
Hello Maintenance,

I was pleased to discover an SI thread on EMY, thanks for starting it. It has been pretty quiet but perhaps as more investors discover this company and thereafter this thread, the action will hopefully pick up. I would enjoy getting some discussion going in the hopes of learning more about EMY. I first bought a small amount in October 2000 but have accumulated more on several occasions and it now represents one of my largest holdings. The company appears to be well managed and has provided us with a steady stream of very positive NR's since early November. I feel the good news has not been properly reflected in the share price. I feel they are operating in a potentially double sweet spot. First the EMS (Electronic Manufacturing Services) sector and then having a focus on the mid-tier wireless sector. Both areas which will likely see high growth rates over the next few years.

I wanted to share some thoughts. The TSE listing should help a lot and that will hopefully lead to more analyst coverage. I expect a blow out Q4 which should get the attention of the potential analyst and I will explain why. Please share your thoughts on this. In their Q3 report they told us their Sept revenue run rate was $4.5 million.

Message 14811492

The 9 months revenue was about $18 million and they are expected to total $30 million for 2000. BTW their FY matches the calendar year. 3 x $4.5 is $13.5 million which would give them $31 M for FY 2000. However they announced and completed fulfillment of a new contract with Novatel for $7 M USD which is $10.7 M CDN in the 4th Q alone according to my interpretation of the news release here.

Message 15204392

It seems to me we should see a total revenue figure much higher than $13 M for Q4. I also interpret the above NR as the $18M US contract is for 2001 and in addition to the $7M USD for Q4 2000. They have a long term contract arrangement with Novatel which will be renewed each year, both parties willing. Novatel is the main competitor of SW and I would expect their product requirements to grow rapidly. It is feasible that EMY could sign WIN & CLQ for contracts at some point. Revenue projections are: (i) $30 million for fiscal 2000, (ii) $75 million for fiscal 2001, (iii) $150 million for fiscal 2002. EMG expects to show profitability in 2001.

I asked a friend who heads a Canadian TA thread about EMY here;

Message 15208538

His response is here;

Message 15210314

BTW I view EMY as a long term hold but enjoy the TA perspective anyway & I do engage in some opportune trading at times. Once they get on the TSE, if they can continue to execute as they have, then I would think they will be an attractive holding for many fund managers. This should help the share price over time. Take care, Cheers!!!