Preliminary Earnings Plays for December 1997 (long post)
The following companies have passed first screenings for
earnings. Asterisked companies already passed second
screening. Companies with pluses indicate successful plays
in at least 1 of the past 2 quarters.
BEST NEW PLAYS FOR DECEMBER:Mitcham Industries (MIND),
Carnival Corporation (CCL), Florida Rock (FRK), RADICA Games
LTD (RADAF),Volt Information Sciences (VOL), Dominicks Fine Foods (DFF)
December 1: LTG,OFIS+
December 2: RHR*+, CU,PGN
December 3: MIND*, TECD, FRK, ADI, ROTC,CMOS, UNFI,HAYS*,FMY,CKR*+,REMC
December 4: PHMX,
December 8: AZO+, PLAB,ESIO
December 9: SAMC*+, VTS*+,MICA
December 10: ADIC, CAMP, ROBV,MLR*+,DRI, ABRX, SKO*+,
December 11: PIR*+.
December 12: FDX *+,OCLI, BLDG*+
December 14: BBY*+
December 15: IBC*+,RAD*+, STBI, CARY*,BEAV,EASI*+
December 16: PAYX,RADAF+ (see below)
December 17: SBEI, SFAM, DFF+,RXSD*+,VANS+,AGE*+,TEK*+
December 18: TSCC, COST*,JBIL+
December 19: CCL*+, DF*+,APOG,APW+
December 20: VOL*,
December 22: BBBY*+.
December 23: ALCD
December 29: SCSWF
---------------------
CAREY Limousine: (CARY)
Carey International is the world's largest chauffeur service
company, providing limousine, sedan, van and minibus service
through a network of owned-and-operated companies, licensees
and affiliates serving 420 cities in 65 countries on six
continents. Carey provides services of consistently high
quality to customers in almost every majorcity in the
expanding global travel market.Its reservation network
is linked to over300,000 travel agency terminals.
The company is growing both via acquisitions and internally.
In late July Carey signed an $18 million three-year deal
with Virgin Atlantic Airways. Under this exclusive
contract Carey will provide limo service for Virgin's
Upper Class passengers.
With its strongest fourth quarter ahead, Carey is in a
position to beat the Street again. Michael Moe, an
analyst with Nationsbank Montgomery Securities,expects
CARY to earn $0.54 per share in1997 and $0.87 per share
in 1998, which represents 54% growth.The shares could
quickly climb toward the $20 mark.
_____
ROHR: RHR
Value Percentile
Proj EPS %Change Cur Qtr 62.082 (82nd percentile)
EPS %Change Last Qtr -26.818
Price Rank 116.391 (91st percentile)
Proj EPS Current Fiscal Yr 213.495 (95th percentile)
EPS Surprise Avg Percent 1.59 (97th percentile)
Price/Cash Flow Ratio 42.2 (93rd percentile)
Sales/Cash Flow Ratio 5177.7 (94th percentile)
Sales Increase Last 4 Qtr 4.0 (99th percentile)
_____
MIND:Mitchum Industries
Value percentile
Moving Average 10 Day 103.690 (90th ")
Moving Average 21 Day 104.791 (91st ")
Moving Average 30 Day 107.395 (95th ")
Moving Average 50 Day 116.598 (98th ")
Sales Increase Last Qtr 197.797
ERG 96.39
EPS Rank 98.097
EPS %Change Last Qtr 100.09
Rel Performance 12 Wk 154.298 (98th ")
Rel Performance 18 Wk 205.699 (99th ")
Rel Performance 1 Yr 344.899 (99th "
Acc. Dist Current 71.0
___________
CCL: Carnival Cruise Lines
Value Percentile
Turnover-Receivable 54.297 (97th percentile)
Group Rank 113.589
Group Rank 1 Wk Change 4.8 99
EPS Increase Last 4 Qtr 4.0 99
EPS Stability Current 98.1 96
EPS Surprise Pos Last 44.0 98
EPS Rank 75
ERG 84.6
Rel Performance 1 Dy 102.291
Rel Performance 2 Dy 103.992
Rel Performance 3 Dy 103.589
Rel Performance 4 Dy 102.485
Rel Performance 1 Wk 105.790
Rel Performance 2 Wk 104.388
Rel Performance 3 Wk 106.089
Rel Performance 6 Wk 107.793
Moving Avg Breakout 10 Day 5.091
Moving Avg Breakout 21 Day 19.098
Moving Avg Breakout 30 Day 19.097
Moving Avg Breakout 50 Day 19.094
INSIDER RANK 95
Long term technical 97
Short term technical 97
Fundamental rank 88
analyst Rank 86
Momentum Rank 88
______________
Florida Rock Industries (FRK)
Value Percentile
EPS Rank 96.0 94
EPS Surprise Pos Last 4 4.0 98
EPS Earnings/Share 2.0 87
Stochastics Brkout 21/3 Dy 18.0 92
Wilder Breakout 9 Day 19.0 94
MACD Breakout 8/17/0 Wk 1.0 95
Oct. 4 (The Florida Times-Union/KRTBN)--For most of the
1990s, Florida Rock Industries Inc. was a pretty quiet
stock, with the price languishing in the 20s. But over
the last five months, the stock has been rocking.
Florida Rock has doubled in price since the end of April,
reaching a high of 60 earlier this week and finishing
yesterday at 59 3/8. The stock has risen so much that
the company's board this week declared a two-for-one
stock split, in order to lower the price and make the
stock more tradable.
Jacksonville-based Florida Rock produces construction
aggregates and concrete products, and its profits have
been rising because of strong construction markets.
The company earned $2.86 a share in the first nine
months of its fiscal year, equaling its earnings for
all of fiscal 1996. And it's expected to show strong
results for the fourth quarter ended Sept. 30.
"It's been a terrific fourth quarter for them. They're
certainly going to meet or exceed analysts' expectations,"
said Merrill Lynch analyst John Bermudez. He is projecting
earnings of $1.09 a share for the fourth quarter.
Bermudez said the rise in the stock in recent months may
have been fueled by speculation about acquisitions that
would grow the company. But Florida Rock President John
Baker said the company is working only on some small deals.
"We are looking at some acquisitions," he said. But "it
wouldn't be (large) enough to require a press release."
Baker thinks the stock rise may be related more to a new
highway spending bill under consideration in Congress
that would increase road construction in Sunbelt states.
__________________________
JACKSONVILLE, Fla., Oct. 1 /PRNewswire/ -- Florida Rock
Industries, Inc. (Amex:FRK ) announced that the Board of
Directors, at its meeting held today, declared a 2 for
1 common stock split. Shareholders of record on October
15, 1997 will receive one additional share for each
share held. The stock split will be effective October 31,
1997.
Earnings surprises last 4 quarters:
Month FQ End Dec 97 Jun 97 Mar 97 Dec 96 Sep 96
Mean Estimate N/A 0.48 0.20 0.38 0.46
Actual EPS N/A 0.64 0.35 0.44 0.52
_________
RADICA Games LTD. (RADAF)
Alpha Beta Past Monthly EPS rank RS rank
return
23.57 0.59 95.37 75 99
Washington, DC, OCT. 30 (The Content Factory) - SAN FRANCISCO
-- Amid the wreckage of the Hong Kong stock market, a fast
growing electronic games maker is thriving.
Radica Games Ltd. had the audacity to announce it would expand
a southern China factory as Hong Kong stocks rode the roller
coaster of a Southeast Asian currencies crisis.
As thousands of investors this week prowled the streets of
Hong Kong amid 10 percent and 18 percent rises and falls
in the Hang Seng Index, Radica, once a troubled and money-
losing maker of handheld electronic games, said it would
spend $3 million to boost production capacity by 50 percent
and its factory work force to 5,000 employees from 2,500.
Investors in the company are speculating that Radica will
begin to produce National Football League handheld games
as part of the company's relationship with the Hasbro
Games Group, which holds some NFL licensing rights.
One San Francisco investment adviser, Mitch Levine, represents
large shareholders in Radica and has been following the
company's shares this year as they climbed more than
1,200 percent. (David Howell, the company's chief
financial officer, is a frequent contributor to Internet
bulletin board discussion groups.)
Radica's remarkable comeback: Games, games
Radica, as reported here in August, is engineering a remarkable comeback from 13 months ago, when a $21 million loss sent the company's Nasdaq-traded shares as low as 3/4. Now, the shares
stand at 13 1/4, giving the maker of $20 handheld electronic
games such as Bass Fishin' a stock market value of about $280 million.
Yet some shareholders say the company's shares still sell for
less than book value. Having abandoned the casino games
business that dented profits earlier this decade, Radica
now makes homey handheld games like checkers, dominoes and,
oh yes, military assault simulations. They sell in large
drug store chains and at Wal-Mart.
Asked if anyy U.S. analysts follow this company. Levine had
seen the company earning 25 cents a share in the quarter
that closed in July. Surprise: Radica earned 34 cents
for the three-month period. Next fiscal year, Levine
sees the company making more than $1.25 a share, which
means it sells for less than 12 times projected earnings.
That's cheap compared with other electronic games makers,
he says. Feely, the president of the company, also said
the company's shares are cheap when stacked against the
stocks of other small and midsized games makers.
In the quarter than ends Friday, the company could earn
50 cents to 60 cents a share, giving it as much as $1.08
a share for fiscal 1997, Levine in San Francisco said.
Feely in New York declined to provide estimates.
Research firm NPD Inc. says Radica holds 25 percent of
the handheld and tabletop market in the United States.
Milton Bradley, for which Radica manufactures handheld
games, holds a 14 percent share.
Tiger Electronics, which also makes games in China, hold
s a 42 percent share, NPD says.
"We have an interesting story to tell," said Feely. He said
he told investors this week in New York that "the shares
should have significant upside."
________________________
Volt Information Sciences (VOL)
Value Percentile
EPS Rank 97.0 95
Proj EPS Rank 99.0 99
EPS %Change Last Qtr 90.6 89
EPS Increase Last 4 Qtr 4.0 99
Price Rank 128.0 97
Price Rank 1 Wk Change 2.9 90
ERG 79.1 86
Sales Increase Last 4 Qtr 4.0 99
Cash Flow Growth 1 Yr 44.2 84
Current Ratio 2.01
Total Debt to Equity 0.40
Third Quarter Revenues and Earnings For 1997
NEW YORK, Sept. 4 /PRNewswire/ -- Mr. William Shaw, President
of Volt Information Sciences, Inc. (NYSE:VOL ), announced
today that the Company had achieved record third quarter
revenues and earnings.
Net income for the third quarter ended August 1, 1997 was
$9,274,000, or $0.61 per share, on revenues of $370,664,000.
This compares with net income of $4,693,000, or $0.31 per
share, on revenues of $261,173, 000 for the third quarter
ended August 2, 1996.
Mr. Shaw stated that he was particularly pleased with the
continued strong results of the Technical Services and
Temporary Personnel, Telecommunications Services and
Telephone Directory segments
From August 4 to September 4th the stock hovered over
the 54-56 level but after earnings came out on September
4th stock has gone straight to 65 from 9/4/97 - 10/4/97
from 54. It had reached a high of 69 on October 22nd
and now trades at 66.
__________________________
DOMINICK'S FINER FOODS, INC. (DFF)
10/24/97 DOMINICK'S FINER FOODS, INC. ANNOUNCES TENDER OFFER PRICING
NORTHLAKE, Ill., Oct. 24 /PRNewswire/ -- Dominick's Finer Foods,
Inc. ("Dominick's") announced today that in connection with its pending offer to purchase all of its outstanding 10 7/8% Senior Subordinated Notes due 2005 (the "Notes"), and in accordance
with the terms and conditions of the Offer to Purchase and
Consent Solicitation Statement dated September 23, 1997 (the
"Purchase Memorandum"), all Notes validly tendered and
accepted for payment will be purchased at a price equal to
$1,141.56 per $1,000 principal amount.
value Percentile
EPS Rank 92. 85
EPS Surprise Pos Last 4 3.0 90
EPS %Change Last Qtr 33.3 75
Proj EPS %Change Next Qtr 52.1 79
Price Rank 123.3 95
Turnover-Receivable Lst Qtr 119.5 96
ERG 78.0 84
Acc. Dist Current 76.0 85
Velocity #1 7.0 75
Projected velocity #1 1.4
Correlation Coefficient 0.8 83
Sales Increase Last Qtr 139.4 91
Cash Flow Growth 1 Yr 147.7 95
Moving Average 21 Day 104.4 91
Moving Average 30 Day 105.7 94
Moving Average 50 Day 114.0 97
Dominicks reports strong third quarter:
DOMINICKS SUPERMARKTS INC COM - DFF - DAILY PRICES
DATE OPEN HIGH LOW CLOSE VOLUME
---------------------------------------------------------------
09/11/97 26.625 26.875 26.625 26.812 58,800
09/12/97 26.875 27.750 26.875 27.750 113,800
09/15/97 27.750 27.937 27.625 27.625 13,500
09/16/97 27.875 28.000 27.750 28.000 17,300
09/17/97 28.000 28.750 28.000 28.562 53,600
09/18/97 28.750 29.000 28.625 29.000 39,500
DFF now trades at 39. |
