Profitable Micro-caps (Revenue greater than $10m)

[catbert]

Hi KW, love your work, especially in this thread which I am following with interest. However, regarding AKG, I see the 200-day EMA at quite a different level to you, apparently. The highest level the average reached was 0.94, and the stock price broke below it on April 10th; it is now trading well below that level. Definitely not a "bouncing off" situation. Are you seeing something different?

[mark100]

I use incredible charts. They have the 200 day SMA at 96.5c and the 200 day EMA at 94c

[catbert]

I checked WebIress and StockDoctor. Both put the peak of the 200-day EMA at 94c, it is now trending slightly lower (93.6 at yesterday's close).

One complication could be that there are quite a few days with zero volume. There are differing opinions on how prices for those days should be treated when calculating a moving average - perhaps that explains the discrepancies?

[Lizard]

Has anybody on this thread looked at WRR? VERY micro-cap ($2m m/cap at current 17cps) and illiquid still - was on the list in 2012, but probably fallen back off due to lack of profits. Probably still need to raise more capital and some queries over ongoing Telstra and China revenues. But still forecasting good growth at last report (most detail in the "going concern" part of the notes to accounts!). Quite a few convertible notes that convert at 20cps and above. Has had a bit of a Board refresh in last 12 months although MD is unchanged and forecasting record maybe not quite up to scratch. Revenue growth has been pretty good though in recent years.

Actually, that wasn't a bad quarterly for WRR all things considered... maybe in another 6 months (and after I've been nuts enough to buy some) they will be worth a write-up?

WRR may even be on to something here with the Iridium product - minimum $3m sales in first year could be light?
http://finance.yahoo.com/news/iridiu...180000213.html
http://www.usatoday.com/story/tech/c...ernet/5191049/

Starting to come together now for WRR... announcement of $350-$450k NPAT this financial year and still only at $2.2m market cap. More detailed update expected tomorrow. Closed at 15cps.

[Joshuatree]

Whoah 43% gain today

[mark100]

Starting to come together now for WRR... announcement of $350-$450k NPAT this financial year and still only at $2.2m market cap. More detailed update expected tomorrow. Closed at 15cps.

Hi Lizard, at 15c I have the fully diluted market cap as $5.2m (34.9m shares). The convertible notes convert into quite a few shares it appears. Looks interesting though, I would have bought a few this afternoon if their had been some for sale

[Joshuatree]

WOW up another 5c ,33% today phenomenal congrats to holders

[Lizard]

Hi Lizard, at 15c I have the fully diluted market cap as $5.2m (34.9m shares). The convertible notes convert into quite a few shares it appears. Looks interesting though, I would have bought a few this afternoon if their had been some for sale

Yes, I probably should have mentioned those - had them down as converting at 20cps, but forgot that changed with the most recent placement and increased the possible amount/put them in the money. Still think there is value here, but the gap definitely closed a bit today for WRR with the 70% gain to close at 25.5cps

[Lizard]

WRR closed at 33cps. Think they may be getting a lift from Proactive Investors??

Been my "share of the week" again this week.

[duncan22]

Some might find this list interesting / uesful

Criteria=

1. market cap less than $20m
2. Revenue greater than $10m
3. PE of between 0 and 10


(sorry, tried posting all the financial information, but it turns out a real mess.
The tickers are sorted from lowest m/c to highest)


Ticker
Short Name
P/E
Market Cap
Revenue T12M
Price-1
Total Return YTD
EPS T12M


SKS AU Equity
RLA AU Equity
CLQ AU Equity
EFG AU Equity
RZR AU Equity
COM AU Equity
NLG AU Equity
COO AU Equity
MBD AU Equity
PTB AU Equity
TPC AU Equity
EPY AU Equity
REF AU Equity
KKT AU Equity
FRM AU Equity
HYO AU Equity
PHG AU Equity
CAJ AU Equity
EMB AU Equity
MNF AU Equity
TQH AU Equity
EBT AU Equity
OEC AU Equity
MHI AU Equity
VSC AU Equity
SNL AU Equity
WWM AU Equity
AXI AU Equity
CHR AU Equity
ELX AU Equity
AMB AU Equity
SOO AU Equity
GLE AU Equity

Hey Steve,

Just wondering how you generated this list and if you have time any chance you could do a new scan?? Also the less than $100m scan you did back in December - it has an impressive win rate looking back!

Thanks,
-Duncan