Contest: Best Stock Pick for 2008
If you could only pick one stock on December 31st for 2008, what would it be?
Share your best stock pick in the Value Investing News stock contest Forum thread by December 31, 2007. We will then track the performance of the picks from the opening bell on the first trading day of 2008 until the close of the market on the last trading day of 2008.
Each Value Investing News member only gets one pick. Registration is free. Please provide a write up of your rationale along with your pick in the forum. A prize will be given out for the best performing pick in 2008. We will also give out a prize to the best stock pick rationale posted the stock picking contest thread by December 31, 2007. The best stock pick rationale will be based on the comment with the highest number of voting points.
My pick is FSLR in the technology sector. The reason is because this Company has developed the leading edge in the solar technology. Keep a look out when the price of oil sour pass US100!
Alfred Chew
http://mylevel2quotes.com/
Hi Alfred,
Be sure to post your pick at the Value Investing Forum under the contest thread so that your entry counts.
Thanks George
Vyyo, Inc. (NASD: VYYO)- $3.12
COIN: A NASDAQ US based organic fertilizer stock
FINANCIAL PROJECTIONS
The below COIN financials I got from listening to conference:
http://tinyurl.com/3b2wor
In the second quarter of 2008 the Woodbridge facility will be converting 250k tons a day but has permits available to operate at full capacity of 500k tons per day. 100k tons brings in $21,200 in fertilizer + $6200 in tipp of revenue, 250k tons a day will bring in $53,000 fertilizer + $15,500 in tipp revenue per day. There are approximately 66 days in a quarter taking away Saturday & Sundays : 66 x $68,500 =$4.52M in revenue per quarter. POT & TNH have between 20%-30% in profit margins so lets give COIN a Profit margin of 15% of $4.52M = 678k profit per qtr. COIN has 4.23M shares outstanding not including any future warrents that could be converted into shares. That equates to .15 eps per qtr with 15% profit margins with Plant at only 50% production capacity. The plant at full capacity will convert 500k tons per day which equals to $1.20 EPS per year. Remember this is based on 15% profit margins, actual could be lower or higher.