|
I
don't have to tell you how volatile the markets have been in the
past week. Yet for all the volatility, we are essentially down
only 300 points from when Lehman went under and all the chaos that
has ensued. For those of you that are trying to get your head
around what's going on in the markets there is an interesting
article at the end of this email from Kiplinger titled "15
Things You Need to Know About the Current Market" that lays
it out very nicely.
Today
we are adding two small cap-plays to our portfolio. 3COM (Nasdaq:
COMS) is a leading provider of secure, converged voice and
data networking solutions for enterprises of all sizes. The
Company recently reported stellar earnings of $0.20 in its first
fiscal quarter, the equity is trading at a price/book of 0.85 and
price/sales of 0.65. Darling
International (NYSE: DAR)
is the largest publicly traded, food processing by-products
recycling company in the United States. It has a P/E of 13
and Return on Equity of 34%.
Also, find
the latest news from Advanced
ID Corp. Acorn Energy and KVH Industries.
3Com
(COMS)
Website:
www.3Com.com
A
leading global provider of enterprise and networking solutions.
Overview
3COM (COMS) is
a leading provider of secure, converged voice and data networking
solutions for enterprises of all sizes. 3Com offers a broad line of
innovative products backed by world class sales, service and
support, which excel at delivering business value for its customers.
Through its TippingPoint division, 3Com is a leading provider of
network-based intrusion prevention systems that deliver in-depth
application protection, infrastructure protection, and performance
protection.
3Com’s mission is to provide
customers worldwide with high-quality, low-cost networking
infrastructure solutions that enable the convergence of applications
and emerging technologies into the network.
In 2007, 3Com extended its leadership position in the networking
industry by acquiring 100 percent ownership of its former
China-based joint venture, H3C Technologies Co., Limited (H3C). With
the addition of H3C, 3Com has annual revenue of $1.3 billion and
more than 6,000 employees in over 40 countries.
Additionally, 3Com has more than 1,400 U.S. and nearly 180 Chinese
issued patents, more than 1050 pending Chinese applications as well
as pending applications for 35 separate inventions outside of China
that cover a wide range of networking technologies.
COMS Investor
Highlights
- Revenue in the
first quarter was $342.7 million compared to revenue of $319.4
million in the same period last year.
- Net income in the first quarter
was $79.8 million, or $0.20 per diluted share, compared with a
net loss of $18.7 million, or $0.05 per share, in the first
quarter of last year.
- In the first quarter, 3Com
generated $39.3 million in cash from operations. 3Com’s
cash and cash equivalents balance at August 29, 2008, was $541.4
million.
- Trades at a Price/Book of 0.85 and
a Price/Sales of 0.65.
Recent News and
Press Releases
3Com
Reports First Quarter Results for Fiscal 2009
3Com
Provides Swisscom with Total Network Management
3Com
Appoints New Corporate Controller
3Com
Raises Guidance for First Quarter of FY 20099 in Strong China
Business
For more information on COMS visit here.
Darling
International (DAR)
Website:
www.darlingii.com
America's
leading provider of rendering, recycling and recovery solutions to the
nation's food industry.
Overview
Darling International (DAR)
is the largest publicly traded, food processing by-products recycling
company in the United States. The Company recycles used restaurant cooking
oil and by-products from the beef, pork and poultry processing industries
into useable products such as tallow, feed-grade fats, meat and bone meal,
and hides.
The Company operates in two
segments. Rendering and Restaurant Services. The Rendering segment engages
in the collection and processing of animal by-products, including hides,
from butcher shops, grocery stores, food service industry, and meat and
poultry processors. It converts these products principally into useable oils
and proteins utilized by the agricultural, leather, and oleo-chemical
industries.
The Restaurant Services
segment is involved in the collection of used cooking oils from food service
establishments and recycling them into similar products, such as high-energy
animal feed ingredients and industrial oils. It also provides grease trap
collection services and sells equipment to restaurants.
DAR
Investor Highlights
- Reported record second
quarter net income of $24.1 million, or $0.29 per share for the quarter
ending June 28, 2008.
- Reported record income of
$45.5 million, or $0.55 per share, for the six months ended June 28,
2008.
- For the second quarter of 2008, the
Company reported net sales of $220.9 million as compared to $159.4
million for the second quarter of 2007.
- For the six months ended June 28, 2008,
the Company reported net sales of $422.8 million as compared to $298.0
million for the 2007 comparable period.
- For the six months ended June 28, 2008,
the Company reported net income of $45.5 million, or $0.55 per share, as
compared to $19.0 million, or $0.23 per share, for the 2007 comparable
period.
- Recently announced that it has completed
its acquisition of substantially all of the assets of API Recycling's
used cooking oil collection business. API Recycling is a division of
American Proteins, Inc., and it operated three facilities in the state
of Georgia servicing surrounding states.
Recent
News and Press Releases
Darling
International Announces Acquisition of Grease Collection Business
Darling
2Q profit more than doubles
Darling
International Inc. Announces Second Quarter 2008 Results
For more information on DAR visit here
Advanced
ID Corp. (OTCBB: AIDO)
AIDO
currently supplies more than 3,000 organizations, including animal
shelters, veterinarians, breeders, government agencies,
universities, zoos, research labs and fisheries with RFID devices
for companion animals.
Press
Release: Advanced
ID Acquires Shenzhen, China Corporation
RFID Manufacturer "Shenzhen DDCT",
Joins Company's Asian Expansion Efforts, Signs Definitive Purchase
Agreement.
For more information on AIDO visit
here
Acorn
Energy (Nasdaq: ACFN)
Making
the World a Better Place by Improving Efficiencies of the Electric
Grid and Reducing the Energy Sector's Environmental Footprint.
Press
Release: Acorn
Energy to Present at the Modern Energy Investor Forum September
23rd In Jackson Hole, Wyoming
KVH
Industries (Nasdaq: KVHI)
Has
Over 275 Offices Worldwide.
Press
Release: Shipping
Group Unicom Selects KVH TracVision M9 to Improve Crew Welfare in
its Fleet
Press
Release: KVH
Receives $1.3 Million Order for TACNAV Military Navigation Systems
New
order from southeast Asian customer adds to KVH's multi-year,
multi- million dollar backlog for TACNAV systems and components.
For more information on KVHI visit
here
15
Things You Need to Know About The Current Market...
These profiles,
stories and much more available at our site
here.
SmallCapReview feature reports are intended to be stock ideas,
not
recommendations. Please do your own research before investing. It is crucial
that you at least look at current SEC filings and read the latest press
releases. Information contained in this report was extracted from current
documents filed with the SEC, the company website and/or
other publicly available sources deemed reliable. For more information see
our disclaimer section, a link of which can be found on our website. The
information provided in this report is not intended for distribution to, or
use by, any person or entity in any jurisdiction or country where such
distribution or use would be contrary to law or regulation or which would
subject us to any registration requirement within such jurisdiction or
country.
Copyright SmallCapReview. All
rights reserved. SCR is not a registered broker/dealer or
financial advisor.
Before making a purchase or sale of any securities featured on our website or mentioned in our reports, we strongly encourage and recommend
consultation with a registered securities representative. This is not
to be construed as a solicitation or recommendation to buy or sell
securities. As with any stock, companies we profile involve a
degree of investment risk and volatility. Particularly small-cap
stocks. All investors are cautioned that they may lose all or a portion of
their investment if they decide to make a purchase in any of our profiled
companies. Past performance of our profiled stocks is not indicative of
future results. The profile and opinions expressed herein are expressed as of
the date the profile is posted and are subject to change without
notice. SCR may hold positions in securities mentioned herein, and may make
purchases or sales in such securities featured on our website or within our
reports. In order to be in full compliance with the Securities Act of 1933,
Section 17(b), SCR will disclose in it's disclaimer, what, if any
compensation was received for our efforts in researching, presenting
and disseminating this information to our subscriber database and featuring
the report on the SCR web site. SCR has been compensated five thousand dollars by a non-controlling third party
APS for its efforts
in presenting the Advanced ID Corp. profile. SCR has been compensated
five thousand dollars by Acorn Energy and holds seventeen hundred
shares purchased in the open market. SCR has not been
compensated by any other company mentioned in this release. SCR may decide to purchase or sell
shares on a voluntary basis in the open market before, during or after the
profiling period of this report.
We encourage our
readers to invest carefully and read the investor information available at
the web sites of the Securities and Exchange Commission (SEC) at: http://www.sec.gov
and/or the National Association of Securities Dealers (NASD) at: http://www.nasd.com.
Readers can review all public filings by companies at the SEC's EDGAR page.
The NASD has published information on how to invest carefully at its web
site.
|
