SYDNEY--Seek Ltd. (SEK.AU) said it would buy the remaining shares in JobStreet Corporation Berhad's (0058.KU) online employment business, continuing its push into Asia in a deal valuing the target at MYR1.730 million (US$523.5 million).
Australia's biggest online job ads company said its majority-owned subsidiary Seek Asia would acquire the 78% of the JobStreet business it doesn't already own, subject to regulatory approvals in Singapore and shareholder approvals. JobStreet operates in Malaysia, Singapore, Indonesia and Vietnam.
Seek made the announcement as it reported a better-than-expected 65% rise in its fiscal first-half profit, helped by higher earnings from China after it increased its stake in the Zhaopin employment website last year, offsetting weakness in domestic job volumes.
Hot Internet Stocks To Watch For 2015: Tuesday Morning Corp.(TUES)
Tuesday Morning Corporation engages in the retail sale of decorative home accessories, housewares, and gifts in the United States. The company?s merchandise primarily consists of lamps, rugs, furniture, kitchen accessories, small electronics, gourmet housewares, linens, luggage, bedroom and bathroom accessories, toys, stationary, and silk plants, as well as crystal, collectibles, and silver serving pieces. It also offers apparel and accessories. In addition, the company provides brand name merchandise, including cookware, appliances, linens, bath towels, luggage, flatware, tabletop, crystal, collectibles, dolls, china and giftware, and rugs. As of September 21, 2011, it operated 861 discount retail stores in 43 states. The company was founded in 1974 and is headquartered in Dallas, Texas.
Advisors' Opinion:- [By Seth Jayson]
Calling all cash flows
When you are trying to buy the market's best stocks, it's worth checking up on your companies' free cash flow once a quarter or so, to see whether it bears any relationship to the net income in the headlines. That's what we do with this series. Today, we're checking in on Tuesday Morning (Nasdaq: TUES ) , whose recent revenue and earnings are plotted below. - [By Geoff Gannon] g>5. Pacific Biosciences (PACB)
6. Maxygen (MAXY)
7. Westell (WSTL)
8. Volt Information Sciences (VISI)
9. Yasheng Group (YHGG)I don�� love that list. I like the 14 past picks in the Ben Graham Net-Net Newsletter�� model portfolio much better. The newsletter only owns 1 of those 9 net-nets. Remember, we have 9 net-nets out of the 14 picked for the newsletter that are trading below where we picked them. So, obviously I like those 9 net-nets a lot better than these 9 net-nets.
Like I said, I wouldn�� encourage you to buy those nine net-nets shown here ��even if you��e looking to put a lot of money into net-nets. Instead you should look at your favorite net-nets ��or the net-nets in the Ben Graham: Net-Net Newsletter ��and use them as a buy list you are constantly placing orders from month after month.
Building a diversified collection of net-net through many months of purchasing is a better way to invest a lot of money in net-nets than trying to focus on the biggest net-nets.
Read Geoff�� Other Articles
Ask Geoff a Question - [By Monica Gerson]
Tuesday Morning (NASDAQ: TUES) shares gained 4.87% to create a new 52-week high of $14.63. Tuesday Morning shares have jumped 110.09% over the past 52 weeks, while the S&P 500 index has gained 18.17% in the same period.
Hot Integrated Utility Companies To Own In Right Now: Wesco Aircraft Holdings Inc (WAIR)
Wesco Aircraft Holdings, Inc., formerly Wesco Holdings, Inc., incorporated on July 21, 2006, a holding company for Wesco Aircraft Hardware Corp. The Company is a distributor and provider of supply chain management services to the global aerospace industry. Its services range from traditional distribution to the management of supplier relationships, quality assurance, kitting, just-in-time (JIT), delivery and point-of-use inventory management. The Company operated principally in three geographic areas, North America, Europe and markets, such as Asia, Pacific Rim and the Middle East. Wesco Aircraft Hardware Corp, its wholly owned, primary domestic operating subsidiary, Wesco Aircraft Europe, Ltd., its primary foreign operating subsidiary, and certain other foreign operating subsidiaries, in connection with the acquisition of 100% of the outstanding stock of Wesco Aircraft Hardware Corp., Wesco Aircraft Israel and the European entities of Flintbrook Ltd., Wesco Aircraft France and Wesco Aircraft Germany by Wesco Aircraft. In July 2012, the Company completed the acquisition of Interfast Inc. In March 2014, Wesco Aircraft Holdings Inc completed the acquisition of Haas Group Inc from certain investment funds affiliated with The Jordan Company, L.P.
Kitting involves the packaging of an entire bill of materials or a complete ship-set of parts, which reduces the amount of time workers spend retrieving parts from storage locations. Kits can be customized in varying configurations and sizes and can contain up to several hundred different parts. JIT supply chain management involves the delivery of parts on an as-needed basis to the point-of-use at a customer's manufacturing line. The Company supplies approximately 450,000 different stock keeping units (SKUs), including hardware, bearings, tools, electronic components and machined parts. During the fiscal year ended September 31, 2010 (fiscal 2010), sales of hardware represented 80% of its net sales, with highly engineered fasteners constituting 83% o! f that amount. The Company serves its customers under three types of arrangements: JIT contracts, which govern outsourced supply chain management services; long term agreements (LTAs), which set prices for specific parts; and ad hoc sales. JIT contracts and LTAs, together consists of approximately 63% of its fiscal 2010 net sales. The Company supplies products to approximately every Western aircraft in production, including the B-787, B-737, B-747, A-320, JSF and V-22.
Hardware
Sales of C class aerospace hardware represented approximately 80% of its fiscal 2010 product sales. Fasteners are its product category, consisting of approximately 83% of its hardware sales in fiscal 2010. Fasteners include a range of engineered aerospace parts that are designed to hold together two or more components, such as rivets (both blind and solid), bolts (including blind bolts), screws, nuts and washers. Many of these fasteners are designed for use in specific aircraft platforms and others can be used across multiple platforms.
Bearings
The Company offers aerospace bearings. Its product offering includes a variety of standard anti-friction products designed to both commercial and military aircraft specifications, such as airframe control bearings, rod ends, spherical bearings, ball bearing rod ends, roller bearings and bushings.
Electronic Components
The Company offers interconnect and electro-mechanical products, including connectors, relays, switches, circuit breakers and lighted products. The Company also offers value-added assembled products, including mil-circular and rack and panel connectors and illuminated push button switches. The Company maintains connector components in inventory, which allows the Company to respond to customer orders. In addition, its lighted switch assembly operation affords customers same day service, including engraving capabilities in multiple languages.
Machined Parts and Other
Machined par! ts are de! signed for a specific customer and are assigned original product manufacturers (OEM)-specific SKUs. The machined parts, the Company distributes include laser cut or stamped brackets, milled parts, shims, stampings, turned parts and welded assemblies made of materials ranging from high-grade steel or titanium to nickel based alloys. The Company stock a range of tools needed for the installation of its products, including air and hydraulic tools, as well as drill motors, and the Company also offers factory authorized maintenance and repair services for these tools. In addition to selling these tools, the Company also rents or leases these tools to its customers.
Advisors' Opinion:- [By Victor Selva]
The company has a current ratio of 16.25% which is higher than the one registered by Embraer S.A. (ERJ) and Wesco Aircraft Holdings Inc (WAIR), but lower than Huntington Ingalls Industries, Northrop Grumman Corp (NOC) and Boeing Co (BA). But for investors looking for a higher ROE, Lockheed Martin Corporation (LMT) could be the option.
- [By Ben Levisohn]
Stallard sees KEYW Holding (KEYW) and Textron (TXT) potentially missing earnings, while Honeywell (HON),� Alliant Techsystems (ATK),�Lockheed Martin (LMT),�Raytheon (RTN) and�Wesco Aircraft (WAIR) could beat.
- [By Seth Jayson]
Calling all cash flows
When you are trying to buy the market's best stocks, it's worth checking up on your companies' free cash flow once a quarter or so, to see whether it bears any relationship to the net income in the headlines. That's what we do with this series. Today, we're checking in on Wesco Aircraft Holdings (NYSE: WAIR ) , whose recent revenue and earnings are plotted below. - [By alicet236]
Wesco Aircraft Holdings Inc. (WAIR): Chairman, President and CEO Randy J. Snyder Sold 70,000 Shares
Chairman, President and CEO of Wesco Aircraft Holdings Inc. (WAIR) Randy J. Snyder sold 70,000 shares during the past week at an average price of $19.77. Wesco Aircraft Holdings Inc. has a market cap of $1.86 billion; its shares were traded at around $19.71 with a P/E ratio of 18.50 and P/S ratio of 2.10.
Hot Integrated Utility Companies To Own In Right Now: Players Network (PNTV)
Players Network (PNTV), incorporated on March 16, 1993, is a global media and entertainment company engaged in the development of Digital Networks. The Company distributes broadband video and other social media content over a range of Internet enabled devices and cable television channels. The Company�� platform is designed to deliver video content and develop digital social communities, including Vegas On Demand TV. The Company operates a video on demand (VOD) television channel, also named Vegas On Demand, which consists of original programming that is distributed over its own VOD channels to approximately 24,000,000 homes over the Internet with distribution partners, which include, Comcast, Hulu, Blinkx, Google, and YouTube Video, for DVD home video, and various mobile platforms. Vegas On Demand TV offers its audience the ability to connect to Vegas Insiders through programming, which captures sex appeal, entertainment, and the non-stop adrenaline rush of the Las Vegas gaming lifestyle. Players Network�� content goes beyond poker, casino action, sports betting, and racing, to lifestyle programs about entertainment and fine living.
PNTV�� Media Network operates across all distribution platforms from television screens to mobile devices, gaming consoles, computers and tablets. The Company�� platform has two main membership categories: the Consumer/User who visits its digital communities and partakes in viewing ad-supported and pay-per-view premium videos, purchases products and connects with Insiders, who are its Premium Members. Players Network�� Programming Brands include Vegas On Demand focuses on Gaming lifestyle and produces programming about Horse Racing, Sports Betting, Casino Games and Poker; Vegas On Demand, which is about Las Vegas lifestyle and covers celebrity, night clubs, poolside experiences and entertainment, and Sexy Sin City TV covers the adult and sexy side of Las Vegas after dark. The Company�� productions include gaming instruction, gaming news, instruct! ion on sports and racing wagering, gaming entertainment, tournaments, events and travel. The Company has a library of 1,550 gambling and gaming lifestyle videos, including several series of both long and short form content. Some of these series include Players Network originals; Hidden Vegas, Tattoo Tails, which include 30 originally produced hours of programming from the World Series of Poker, which Players Network had the rights to produce and air live. Players Network produced over 50 videos at the Hooters Hotel and Casino, 28 new gaming instructional videos aimed at slots and video poker players, a series of 23 videos on magic entitled Hocus Pocus, The Best of Vegas series and Neon Buzz, an entertainment report which covered red carpet events.
The Company competes with ESPN, the Travel Channel, E! and the Food Network.
Advisors' Opinion:- [By Peter Graham]
Small cap entertainment or gaming stocks Soul and Vibe Interactive Inc (OTCBB: SOUL), Elray Resources Inc (OTCMKTS: ELRA) and Players Network (OTCMKTS: PNTV) focus on entertaining consumers. However, its important to remember that consumers can be very fickle when it comes to entertainment or games. So should you be entertaining any of these small caps? Here is a closer look and a reality check:
Hot Integrated Utility Companies To Own In Right Now: PC-Tel Inc.(PCTI)
PCTEL, Inc. provides propagation and optimization solutions for the wireless industry. It designs and develops software-based radios (scanning receivers) for wireless network optimization; and develops and distributes antenna solutions. The company?s scanning receivers, receiver-based products, and interference management solutions are used to measure, monitor, and optimize cellular networks. It offers various antenna products for worldwide interoperability for microwave access antennas, land mobile radio antennas, and precision global positioning systems antennas that serve applications in telemetry, radio frequency identification, WiFi, fleet management, and mesh networks. The company?s antenna solutions address public safety, military, and government applications; supervisory control and data acquisition, health care, energy, smart grid, and agricultural applications; and indoor wireless, wireless backhaul, and cellular applications. PCTEL, Inc. supplies its products to public and private carriers, wireless infrastructure providers, wireless equipment distributors, value added resellers, and original equipment manufacturers through distributors and direct sales force. The company was founded in 1994 and is headquartered in Bloomingdale, Illinois.
Advisors' Opinion:- [By Stephen Simpson, CFA]
I'm perfectly happy recycling past investment ideas, and PCTEL (PCTI) treated me quite well indeed when I owned the stock about a decade ago. Since that time, though, the company has gone through a significant transformation and is really only the same in name only. Different isn't always better, but I do believe that PCTEL now operates a collection of businesses with interesting growth and margin potential. PCTEL does not appear to be tremendously undervalued today on a cash flow basis, but with almost $3 per share in cash on the balance sheet further acquisitions could improve its growth prospects further.
Hot Integrated Utility Companies To Own In Right Now: LGL Group Inc (LGL)
The LGL Group, Inc., incorporated in 1928, is a producer of industrial and commercial products and services that is focused on the design and manufacture of electronic components and subsystems. The Company operates through its principal subsidiary, M-tron Industries, Inc. (Mtron), which includes the operations of its subsidiary, M-tron Industries, Ltd., as well as the operations of its subsidiary, Piezo Technology, Inc. (PTI) and PTI's subsidiary Piezo Technology India Private Ltd. MtronPTI's frequency control devices consist of packaged quartz crystals, crystal oscillators and electronic filters. MtronPTI markets and sells its products through a variety of channels and agents. MtronPTI�� operations are located in Orlando, Florida, Yankton, South Dakota, and Noida, India. In February 2014, its primary operating subsidiary, MtronPTI, acquired certain filter product line assets from Trilithic, Inc.
MtronPTI designs, manufactures and sells standard and custom-engineered electronic components that are used primarily to control the frequency or timing of signals in electronic circuits. Its devices, which are commonly called frequency control devices, are used in infrastructure equipment for the telecommunications and network equipment industries. Its devices are also used in electronic systems for military applications, avionics, earth-orbiting satellites, medical devices, instrumentation, industrial devices and global positioning systems.
MtronPTI�� products are frequency control devices, including packaged quartz crystals, oscillators incorporating those crystals and electronic filter products. MtronPTI designs and produces a range of packaged quartz crystals, quartz crystal-based oscillators and electronic filter products. The Packaged Crystal is a single crystal in a hermetically sealed package that is used by electronic equipment manufacturers, along with their own electronic circuitry, to build oscillators for frequency control in their electronic devices. Its Clock Osc! illator is a self-contained package with a crystal and electronic circuitry that is used as a subsystem by electronic equipment manufacturers to provide frequency control for their devices. The voltage controlled crystal oscillator (VCXO) is a variable frequency oscillator whose frequency can be changed by varying the control voltage to the oscillator.
The temperature compensated crystal oscillator (TCXO) is a stable oscillator designed for use over a range of temperatures. Oven-controlled crystal oscillators (OCXO) are designed to produce a higher level of stability. The Electronic filters use either crystal technology, precise manufacturing of inductive/capacitive circuits, or low and high-powered cavity. This variety of features in MtronPTI�� product family offers the designers at electronic equipment manufacturers a range of options as they create the needed performance in their products.
MtronPTI�� oscillator products operate at frequencies ranging from 2 kilohertz to over 1.4 gigahertz. It offers crystal and inductive/capacitive filters with central frequencies from a direct current to 15 gigahertz. Majority of MtronPTI�� products are custom-designed for requirements of specific original equipment manufacturer (OEM) systems. MtronPTI�� products are employed in numerous applications within the communications industry, including computer and telephone network switches, high-speed gigabit Ethernet, modems, wireless transmitters/receivers, multiplexers, data recovery/regeneration devices, fiber channel networks, repeaters, data transceivers, line interface devices, communications satellites and base station controllers. Its products are incorporated into end products that serve all elements of the communications industry.
The crystals, oscillators and filters are found in military applications for remote sensing, personnel protection and armaments. Avionics applications include ground and flight control systems. Industrial applications are in security s! ystems, m! etering systems, electronic test instruments and industrial control systems. MtronPTI�� products are also used in medical instrumentation applications, as well as in various computer peripheral equipment, such as storage devices, printers, modems, monitors, video cards and sound cards. MtronPTI�� timing module, an electronic subsystem, is a pre-assembled circuit that integrates several different functions into a small, single, self-contained module for control of timing in a circuit. Timing modules are frequently used for the synchronization of timing signals in digital circuits, particularly in wireless and optical carrier network systems.
The Company competes with Dover Corporation, CTS Corporation and Pericom Semiconductor Corporation.
Advisors' Opinion:- [By ShadowStock]
LGL: The LGL Group (LGL) was founded in 1917. LGL manufactures electronic components.
The per-share current book value is $9.65. But within that $9.65 book value per share is cash of $5.15, net PPE of 1.79, inventory of 2.24, and AR of 1.83. Furthermore, current assets less current liabilities is $6.62 per share. LGL�� current price is $6.54.
Real estate owned: One building in Orlando Florida along with 7 acres of land. Two buildings in Yankton, South Dakota, located on 11 acres of land.
Market Cap: $17.93M
Enterprise Value: $7.82M
Historical low valuations based on EV/Sales at .33 and EV/Book at .45. coupled with strong insider buying. - [By Sally Jones]
The recently updated portfolio of GAMCO Investors has 799 stocks, 50 of them new, with a total value of $15.9 billion. The firm has a quarter-over-quarter turnover of 4%. Here's a detailed look at four micro cap companies in the GAMCO portfolio.
LGL Group Inc. (LGL) ��Market Cap $15 Million
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