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HQNT aus dem Raging Bull (Auslese) By: chinditone 07 May 2004, 08:31 AM EDT Msg. 27691 Comparing 2003 to 2002, financials gives us some extremely good clues about the 2003 Annual report to come I believe, and in which direction the financials are heading. Note that all figures are only up to Q3 for 2003. Net income = $3708K(2003) versus $1265K(2002) 290% increase. Revenue = $3070K(2003) versus $2677K(2002) 15% increase. Probably will increase to about 80% to 100% after Q4 results. IMO. EPS = $0.13(2003) versus $0.05(2002) 260 % increase. Likely to increase to about 400% to 500%. IMO. Do note that companies give out a maximum dividend on 33.33% on earnings. With a Q4 dividend of $0.02, this makes the minimum 2003 Q4 EPS to be 0.06. The Q4 EPS is likley to be higher than this and between $0.07 and $0.11, which will make the dividend % less than 33.3%. Note that the company paid an additional year end dividend, which suggests that the higher Q4 EPS estimates are more likley to be correct. IMO. Shareholder Equity = $11623K(2003) versus $7278K(2002) 60% increase. very nice % increases all round I think. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- By: chinditone 07 May 2004, 09:46 AM EDT Msg. 27703 Dividends and EPS: Dividends are an important indicator for helping to predict EPS. IMO. It is important to try and figure out a ceiling for the divdend payout ratio (% of earnings paid as dividends). This is because paying out too much money will imperil the operations of the business. IMO. I therefore think that paying out a 33.33% of earnings as a dividend payout ratio would almost certainly be a ceiling. This dividend payout ratio is twice the 16.67% ratio for Q3, and so is a good conservative ceiling. IMO. Thus if HQNTE paid out a $0.02 dividend, then the lowest EPS to give 33.3% would be $0.06. Thus it is reasonable to have $0.06 as a lowest point for Q4 EPS. The Q4 EPS is almost certainly going to to be higher than $0.06 IMO. HQNT Q3 EPS = $0.06, and Q3 dividend = $0.01. A 16.66% dividend payout. If the same dividend ratio of 16.66% is used for Q4, it means that the EPS for Q4 would be $0.08, giving an annual EPS of $0,21. Note that an extra annual dividend of $0.02 was given, which means that it could be higher. IMO. This link explains why we don`t want the dividend payout ratio to be too high as it jeopardises the ability of the company to run its business as cash is very low. IMO. http://www.investor.reuters.com/ReadHTML.aspx?target=about&h… --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- By: argyll3 07 May 2004, 09:46 AM EDT Msg. 27704 Features and Benefits of H- Quotient Systems Generates paperless claims from hospital or office notes that meet HCFA guidelines Automatically files claims electronically as services are rendered Eliminates need for large upfront capital expenditure required for client server-based systems Provides easy access to our products via hand held devices such as Palm Pilots, web enabled cell phones, and office PCs Is fully HIPAA compliant Provides 24-hour technical support Organizes patient workflow and maximizes staff efficiency Enables appropriate coding for full and timely reimbursements Saves physicians time for every patient, resulting in more hours each week, up to 6 weeks per year depending upon services rendered (provides one site for all information) Helps protect physicians against malpractice by documenting “pertinent negatives” Reduces down-coding by insurance companies thereby increasing reimbursements Helps physicians stay in compliance with federal and state regulatory guidelines --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- By: chinditone 07 May 2004, 09:52 AM EDT Msg. 27705 This company is cash rich. Wow - does this means we had a rip roaring Q4 and 2003? Huge triple dividends for Q4, extra year end, and Q1 Paid off all debt $4.4 Million new office complex Acquisition of S&S Doubling of S&S manufacturing capacity Tripling of salesforce Demo`s increased tenfold --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- By: nuplayer980 07 May 2004, 10:16 AM EDT Msg. 27715 Chindi You`ve got the idea, but you`re way off, IMO. Doug Cohn is/has declared the dividends to screw the shorts, without screwing the holders. The dividends being issued in stock is just another attempt, IMO. Trying to declare 33% as a maximum of earnings across the board is just words and without merit. I would ask you to take a look at GE. If I were to take you at YOUR word of 33% MAXIMUM, I guess I would consider GE to be a risky, poorly managed company, since they pay out 50% of their earnings. The dividends that DC hs been declaring, IMO, have NOTHING to do with some % of earnings, except they are less than what was earned. I don`t take issue with what the earnings will be, ~.07-.10, but DC could have declared the dividend with very little earnings since much of the dividend will be in the form of STOCK. By the way, it will be interesting to find out what stock they will be distributing. VRDE anyone? Does S&S manufacture for VRDE? Seems like...... --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- By: chinditone 07 May 2004, 11:00 AM EDT Msg. 27736 tke48 - I`ve deliberately left out the $0.02 annual dividend - as this would give the higher more optimistic end of the Q4 EPS. I think the 33.3% dividend yield ratio is reasonable and prudent as they still need cash for buying companies and doubling manufacturing capcaicty and buying office space, then I think you have a good handle. Q4 - minimum EPS = $0.02/0.33333 = $0.06 Q4(extra Dividend) minimum EPS = $0.04/0.333 = $0.12 Thus you could say that the Q4 EPS range was betwen $0.06 and $0.12, taking the extra dividend into account. Thus the 2003 EPS range = $0.19 and $0.25. Ironically, the extremely bullish $0.25 2003 EPS is one that I`ve arrived at before. We need to make our choices. I know where I stand. With Doug going hell for leather and money and confidence flowing everywhere, even after such high dividend payouts, it is looking extremely bullish to me, and I`d plump for a midway to higher figure, for 2003 EPS. Unfortunately, for the technical people, it is the fundamentals which are going to drive price, and they look to be extremely good. Thus longs should be bullish. IMO. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- By: chinditone 07 May 2004, 11:07 AM EDT Msg. 27737 Sailbad - unfortunately bashers never do their homework properly. I believe that if you had, you would soon have realised that the higher costs were simply down to the Intelliservices deal and a $509K bad debt. Both are unlikely to be repeated, and are one offs. People are free to make up their own minds however. http://www.bizjournals.com/washington/stories/2003/05/19/dai… --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- By: sailskier 07 May 2004, 01:06 PM EDT Msg. 27765 Nuplayer <<<it will be interesting to find out what stock they will be distributing. VRDE anyone? Does S&S manufacture for VRDE?>>> It was previously stated that it was NOT VRDE BUT BUT BUT that was not an official statement. My guess is that it will be VRDE b e c a u s e the shorts will have to go and buy VRDE to pay on their short positions. S&S, to the best of my knowledge, at this time, does not mft. for VRDE however, how much you want to bet that they will. VRDE has been having trouble with their bottlers providing the raw products to make the lotions. We shall see. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- By: rsadey 08 May 2004, 10:19 AM EDT Msg. 27841 Shorts are funny. I cannot believe people are shorting this stock. A company paying a dividend has money and has paid my account last year when things were not as good. The last two will be paid. They are paying alot in cash which makes it even tougher for this to be a scam. You shorts should be making a ton on garbage fiber optics and China and your wasting your time here. I would hate to be you when the financials come out. I do enjoy your humor and I will miss you guys. I`ll get over it when you have to cover at 7-20 dollars. I`ll feed you a few share starting at 12 on up. Cash is king and if they pay even some shareholders in cash then you are idiots to think this is not a good buy. And I have been paid at least once. |
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| aus der Diskussion: | Thema: Sina+Sohu.com WER WIRD DIE NR.1 in CHINA TEIL 6 !!! |
| Autor (Datum des Eintrages): | prof19 (08.05.04 18:44:50) |
| Beitrag: | 96 von 5,166 (ID:13036850) |
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