List of companies those sufferred glitch(s) such as ITD, DMX and AVS

[newbie2006]

Looking for companies those sufferred glitch(s) such as ITD, DMX and AVS.

Please contribute to the list.

Companies whoose price/Sales ratio is less than < 1 .



Only small Caps.


Companies which are significantly down from their 52 weeks high.

[thereslifeafter87]

MVP
AMA
FGE: but no glitch
ZGL: but no glitch

[xman]

nam, sen, cto

[newbie2006]

Please exclude the resources and mining services companies.

[newbie2006]

Let me calculate PSR for MVP


Shares on issue about 56millions

Price is $ .305 ( 13th May, 2008 closing price)


Expected Sales for FY2008 is around say $ 9Millions ( Assumed based on half yearly : $4.3 Millions)


Price/Sales Ratio = MarketCap/Sales = 17/9 = 1.88



PSR Outside the criteria of < 1.



We will be preparing the list of stocks which have less 1 PSR.


Excluding resources/gas/mining/mining services related companies.

[Lizard]

Hi N2006 - (being called "newbie" must be wearing thin after 2 years?)

Low P/S stocks off the set of small caps I track include:

CKL = 0.49 (packaging)
KLM = 0.23 (electrical)
PBP = 0.99 (pharma)
UMS = 0.47 (call centres)

However, I think you will find that most cases of low P/S are explained by some combination of low margins and or high debt. I have chosen to leave off that list companies that were too debt stretched or predicting falls in earnings.

I sometimes screen for P/S<3 with Pr/NTA<3, as this combination weeds out the high debt versions and doesn't produce quite such a concentration of the financially distressed/low margins/badly run companies.

[The Big Ease]

arr

p= 37cent
market cap= ~43m
sales= 128m for 07 an projected to be 200m plus for 08.

[_Michael]

ADA Adacel - one or two glitches, not terminal

CIL Centrebet - no glitches (that we know of yet) but sold down

[ratkin]

IBA
ACR

although both of these have now recovered to some extent

[contrarianinvestor]

It looks like you read Ken Fisher's book. Anyway ITD looks good.

P/S ratio is a blunt tool. For some companies P/S of 1 is extremely high. Ratios less than 1 indicate the company has potentially low profit margins - i.e. more prone to make losses in bad years. It also indicates the possibility for a highly competitive environment. Look at CLT.

[Lizard]

Was looking for an AVS thread to note the demise of AVS (never fond of them). This thread made interesting reading though - real mixed bag performance.