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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Ken W who wrote (1856)3/18/1998 5:00:00 AM
From: Ditchdigger  Read Replies (1) | Respond to of 29382
 
Hello Ken<Chicken, Pork , Beefalo.....what's next...Fish!! > Ostrich<g> A little side note on beefalo,the meat is actually lower in cholesterol than chicken. My buddy ships it down to a health food store in the big apple..those yuppies love it(give'm a "big" house<vbg> and a little high dollar beefalo,and they're happier than a pig in ....). I've been trying to talk him into mail order via the internet ( he is a true Vermonter,farm has been in his family for generations..his comment, " well, by jesus,I don't need no computer")ROFL. Thanks for the tip on KRHC,I'll take a look,pretty much on the sidelines until the weather breaks, when I can get back to digging ditches. Did you get out of ADGI alright or are you going long? I made a nice profit and then lost it the following day on ACNTF, testing a theory<g>,I'm glad I only ran the test for a day,it got hit hard yesterday. DD
PS: looks like another snowstorm is headed in tonight....



To: Ken W who wrote (1856)3/18/1998 6:34:00 AM
From: Ditchdigger  Respond to of 29382
 
Ken,IMO you found a terrific little stock in KRHC.If I wasn't cash strapped at the present,I probably would jump on this one.Timing is perfect (the flock hasn't arrived yet),company has accomplished a turn around to positive earnings,combined with the recent Tonawanda Environmental Corporation agreement,(Tonawanda is licensed to operate in 40 states and Canada.),they've cut expenses,they're back up and running after the fire, as of Jan 1 (plus they may get a fat check from the insurance company-cliam for $780k),not to mention they are in an excellent field.
In this type of business permitting is King,this new alliance with Tonawanda should help them out..I did notice, in this regard,
"The Company's schedule for completion of added oil recycling capacity has been delayed due to problems in obtaining building permits to raise the roof as required to install four 40 thousand gallon treatment tanks. More extensive structural steel changes must be made to satisfy the City of Dearborn's building requirements. In the interim, Rich Coast is augmenting its oil heating systems at Ford Road to break its production bottleneck while improving quality of the end product. The installation of oil processing capacity designed for 20 million gallons per year is still proceeding at the Company's Wyoming Avenue site, but this capacity will not be in operation before mid 1998."
IMO just the fact that, they have reached profitabililty,while being restricted in prodution after the fire damage (operations still not back to 100%) is very,very promising.. I like it good luck
Kenny