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Stock Market Manager Weekly Update: February 12th, 2020

Posted By Administration, Friday, February 14, 2020

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Weekly Update: February 12th, 2020

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Tesla working a new Offering

Yahoo Finance 2-13- 20

Tesla announces stock offering, shares slide

Tesla announced that it would be offering up $2 billion of common stock in a public offering. CEO Elon Musk will buy as much as $10 million of stock, board member Larry Ellison will buy up to $1 million. Yahoo Finance’s Dan Roberts breaks it down on On the Move.

Read More

 

2-13-2020 Social Reality, Inc. SRAX NASDAQ

This Valentine's Day, Millennials Give the Gift of Experience, New BIGresearch Report Uncovers

LOS ANGELES, Feb. 13, 2020 /PRNewswire/ -- SRAX, Inc. (NASDAQ: SRAX), a digital marketing and consumer data management technology company, releases a new BIGresearch study of over 53,000 unique Americans revealing this year's Valentine's Day consumer behaviors and opinions.

A BIGtoken study conducted in January 2020 revealed Millennials are the most active generation during Valentine's Day. Seventy-nine percent of people celebrating this year are between the ages of 18 and 34, with 47% between 25 and 34. In addition, more Millennials responded that they plan to give their significant others a trip, a vacation, a staycation, or tickets to a concert, show, or amusement park. This points to a shift in values for younger generations where they're now prioritizing experiences and activities over material things.

Read Complete Press Release

 

1-30-2020 Canbiola, Inc.  OTCQB (CANB)

Canbiola, Inc. Announces Exclusive License Agreement with LifeGuard for Branded Topicals and More

HICKSVILLE, NY, Jan. 30, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Canbiola, Inc. (OTCQB: CANB) (“Canbiola” or the “Company”), a diversified health and wellness company specializing in the highest grade CBD products on the market, announced today the signing of an exclusive license agreement with Lifeguard Licensing Corp. for the use of the well-known LifeGuard™ brand name and logo for a host of products that will include CBD and non-CBD formulations.

Read Complete Press Release

 

1-21-2020 Social Reality, Inc. SRAX NASDAQ

SRAX and Experian Team Up to Offer Financial Services to BIGtoken Users

Collaboration Creates Additional Revenue Stream for BIGtoken

LOS ANGELES, Jan. 21, 2020 /PRNewswire/ -- SRAX, Inc. (Nasdaq: SRAX), a digital marketing and consumer data management technology company, and Experian®, the world's leading global information services company, announce their collaboration to provide people the opportunity to redeem their points in the BIGtoken platform for access to Experian IdentityWorksSM .

Read Complete Press Release

 

1-12-20 Greenridge Global Securities Issues Update
WE Solutions (HK 860)

WE Solutions 860 To Become Apollo Future Mobility Group

860 To Become Apollo Future Mobility Group.  The Board announced its formal intent to change the name of the Company to Apollo Future Mobility Group Limited to better reflect its focus on mobility solutions.  The name change will be put to a vote upon shareholders approving the Apollo acquisition, both of which are expected to resoundingly pass.  The circular is expected by March 6, with the long stop date for the Apollo deal extended to March 31, 2020 with completion due no later than May 30, 2020.  The long stop date for the Ideenion acquisition was extended to March 31, 2020, with the circular due by March 16, 2020.  Management currently expects both acquisitions will be completed before the end of the fiscal year on March 31.

Jewelry/Watch Business Continues To Shut Down.  On December 30, the Company’s license for the exclusive wholesale distribution of jewelry products and watches in China was terminated effective December 31.  The announcement comes as no surprise as management has been working to refocus on the Company towards mobility solutions, as highlighted in greater detail in our November 4, 2019 report.  Management is still working to dispose of its remaining jewelry and watch inventory, which made up nearly all of the Company’s HK$214 million in inventory at the end of September 2019.  The Company still has its distribution agreement with Girard-Perregaux in place, but is looking to exit that in the near future. 

H2:19 Results Include Impairments of Legacy Businesses.  Revenue fell in the second half to HK$255.2 million as the jewelry and watch business scaled down.  Revenue from auto engineering services amounted to HK$4.2 million.  Other expenses in the period totaled over HK$512 million and included a loan receivable impairment of HK$257.3, goodwill impairment of HK$199.3 million, and a decrease in investment property value of HK$71.7 million, all of which help clear out legacy items ahead of the acquisitions closing.  Net Loss for the period was HK$592.9 million.

Model Update.  We made two big changes to our model.  The first was significantly scaling back the Jewelry business as management quickly shuts that down.  This should be viewed as a net positive to shareholders as its profits fluctuated in recent periods, however it did help cover corporate overhead.  The net result of this was a sizable decline in our near term Revenue estimates and a reduction in Net Profit due to the remaining unallocated corporate overhead.  The other big change was moving the Jinpeng deal from a license payment to the share of income from JV line.  The net effect of the Jingpeng move was minimal.

Maintaining Rating & Target.  With no significant changes to the business plan and our model we are reiterating our Buy rating and HK$0.75 target price on WE Solutions Limited.  Our target price is based on a P/E multiple of 17 times our fiscal 2021 Diluted EPS estimate of HK$5.05 cents, discounted one year at 15%.  We again note that our model assumes Ideenion’s consideration shares will be issued at HK$0.52 and not a likely higher price which would result in less shares being issued.
 

Read Complete Report

 

1-14-2020 Canbiola, Inc.  OTCQB (CANB)

Canbiola Announces Closing of Green Grow Farms Acquisition

HICKSVILLE, NY, Jan. 14, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Canbiola, Inc. (OTCQB: CANB) (“Canbiola” or the “Company”), a developer, manufacturer, and supplier of a variety of hemp-derived THC-Free Cannabidiol (CBD) Isolate products such as oils, drops/tinctures, creams, moisturizers, chews, and capsules, announced today the closing of the previously announced agreement for an all-stock transaction to acquire 51% of Green Grow Farms Inc. 

Read Complete Press Release

 

Yahoo Finance 1-6-20

1-6-2020 Summit Wireless Technologies, Inc. NASDAQ (WISA)

WiSA Enables the Future of Speakerless TVs with Demo of Sharp’s WiSA Ready 8K Prototype TV

Consumer Electronics Show – WiSA® LLC, the Wireless Speaker and Audio Association, comprised of over 60 leading consumer electronics brands, and founded by Summit Wireless Technologies (NASDAQ: WISA), today announced it will showcase an exclusive prototype of Sharp’s new WiSA Ready™*, 8K speakerless TV, now in development and slated for release later this year. As the industry moves toward speakerless TVs, WiSA is quickly becoming the leading audio solution for major TV brands and manufacturers like Sharp. Demonstrations are being conducted January 7-10 in the WiSA suite (#29-236) at the Venetian Hotel.

Read Complete Release

 

12-17-19 Canbiola, Inc.  OTCQB (CANB)

It's CBD for the Holidays - New Products and Retail Developments Just in Time for Holiday Shoppers

CBD Vending Machines on the Way

Point Roberts, Washington and Delta, British Columbia--(Newsfile Corp. - December 17, 2019) - Investorideas.com, a leading investor news resource covering cannabis and hemp stocks releases a special report on recent events with regards to new product and retail developments in the CBD space as the holiday shopping season winds up, featuring news from Canbiola, Inc. (OTCQB: CANB).

CBD products exploded in 2019 and are now more accessible through new retail agreements and online sales. As the year rolled along, many consumers gained more awareness of the CBD space. They have more trust and knowledge of the products they are looking for as companies now offer more transparency and education. This leads us to the 2019 Holiday Shopping Season which is giving many CBD companies the opportunity to reinvigorate sales and introduce new products and sales avenues.

Read More

 

11-20-19 Greenridge Global Securities Issues Update
Guangdong land Holdings (HK 124)

Main Contractor Selected for Southern Land of GDH City

Main Contractor Selected For Southern Land.  On Monday, GDL announced it selected China Construction Eighth Engineering Division Corp. Ltd. as the main contractor for the construction of the Southern Land buildings of GDH City.  This contractor is also constructing the Northern Land, which is appropriate given the connected nature of the North and Southern Lands.  Work to be completed under the agreement includes the office tower, basement and commercial shopping buildings works, including steel structure and roofing; waterproofing and drainage; electrical, air conditioning, and ventilation prefabrication; and decorative and fitting-out work, among other tasks.  The total value of the agreement is roughly HK$700 million, which falls in line with our estimate for construction of this portion of GDH City.  Construction of GDH City is still expected to be fully complete in 2023.

HK Office Lease Renewal.  On Monday, GDL renewed the lease for its Hong Kong office for an additional three years.  The Company will continue to occupy the entire 18th floor of the Guangdong Investment Tower, paying HK$271,000 per month.  GDI [HK: 270] is the owner of the building and majority shareholder of GDL. 

Model Update.  The budgeted amount for the Southern Land contractor falls within our estimate, resulting in no changes being made to our model.  

Maintaining Rating & Target.  With additional clarity on the cost and timing of the GDH City project and no changes to our model we are reiterating our Buy rating and HK$4.00 target price on Guangdong Land Holdings.  We continue to note the significant discount the stock is trading at relative to the value of its portfolio, which is highlighted by the GDH City project that continues to move on budget and on schedule.  Our target price is based on our DCF model that covers GDL’s entire project portfolio, discounted at 6.5%.

Read Complete Report

 

11-15-19 Greenridge Global Securities Issues Update
WE Solutions Limited [HK: 860]

WE Enters Commercial EV Production Via JV

WE Enters Commercial EV Production Via JV.  Earlier this week, WE announced it formed a JV to design produce, sell and service New Energy Vehicles in China.  The JV is comprised of Jiangsu Jemmell New Energy Automobile Company Limited (a related company of Jiangsu Jinpeng), GLM and WE.  Jemmell (57% equity) will contribute RMB100,000,000 in cash and RMB300,000,000 in assets that include automobile production facilities and access to Jinpeng’s supply chain and distribution network.  Jinpeng currently markets a variety of lower-end electric vehicles, like scooters and rickshaws.  GLM will contribute RMB200,000,000 of technology, engineering and design, and the GLM brand name for a 29% interest.  WE will contribute RMB65,000,000 in cash and RMB35,000,000 in value of its international assets (Apollo and Ideenion services) for the remaining 14%.  This deal gives WE an effective ownership interest in the JV of roughly 40%, while also showing the value held within GLM’s engineering and design work.  The JV expects to begin commercial production in 2021. 

This deal is significant in several regards.  First, it validates the business model management has moved WE towards, from developing and marketing its own vehicles to providing outsourced services and taking, in some cases, taking equity in lieu of full upfront fees.  Second, it assigns value to GLM for how it values GLM’s designs and the GLM brand name, which could become a more valuable asset if these vehicles sell well.  Finally, the deal requires a relatively small cash outlay for a business that could rapidly become a large contributor to Net Profit in the near future. 

Model Update.  This deal more or less validates the Company’s business plan and the early stages of growth in our model.  As a result, we have made no changes to our model. 

Maintaining Rating & Target.  After a validating JV announcement, we are reiterating our Buy rating and HK$0.75 target price on WE Solutions Limited.  Our target price is based on a P/E multiple of 17 times our fiscal 2021 Diluted EPS estimate of HK 5.22 cents, discounted one year at 15%.  We again note that our model assumes Ideenion’s consideration shares will be issued at HK$0.52 and not a likely higher price which would result in less shares being issued.

TO READ MORE CLICK HERE

 

11-4-19 Greenridge Global Securities
Initiating Coverage of WE Solutions Limited [HK: 860]
with BUY Rating and HK$0.75 Target Price

HONG KONG LISTING CLICK HERE

Business Summary

WE Solutions Limited is in the midst of a complete restructuring from a jewelry and watch retailer and reseller to a hypercar developer and complete mobility engineering solution provider.  The Company is acquiring 86.06% of the hypercar brand Apollo Automobile and acquiring German engineering firm Ideenion, which will join GLM to form the Apollo Advanced Technologies business unit to provide outsourced engineering services.  WE expects to produce Revenue from 1) sales of hypercars, 2) contract and license fees from outsource mobility design, 3) JV income from projects with Chinese and other Asian OEMs, and 4) licensing and merchandising the Apollo brand, including toys, films, games and potentially property licensing projects with Agile Property [HK: 3383] or its Chinese JV partners. 

Key Points

  • WE management has been successful in agreeing to acquire Apollo Automobile and Ideenion in deals made up of mostly stock, the latter of which gets priced at the time of earnout and should result in less dilution for current shareholders.
  • The acquisition of the Apollo brand also enables management to leverage the brand name into merchandising, from products to entertainment (movies and video games) to property development, all of which will build greater interest in the brand and add to financial results.
  • With a planned schedule of one new hypercar model every other year, and Revenue royalties from De Tomaso hypercars that roll out in opposite years, WE Solutions should have a strong recurring Revenue platform from high end vehicles.
  • Outsourced automotive solutions are likely to be in higher demand from the over 400 Chinese-brand auto manufacturers prior to the phase out of the foreign ownership limit being lifted for passenger vehicles by 2022.
  • WE Solutions has an exceptionally strong shareholder list, including Li Ka-shing, an influential Hong Kong businessman and one of the richest people in the world; Solina Chau, an influential Hong Kong businesswoman; the family of Edmund Ho (former Chief Executive of Macau); Shanghai Alliance Investment Limited (“SAIL”), the private equity arm of the Shanghai Municipal Government, and Agile Property, a HK$40 billion market cap land developer.
  • 860 is well funded with strong backing, has relatively little debt on the Balance Sheet, owns valuable legacy assets we estimate to be worth HK$500 to HK$700 million it can look to divest, and has been able to structure stock payment deals that should minimize dilution, all of which leaves it capable of funding current expansion needs and allows flexibility for future strategic acquisitions.

Valuation

We are initiating coverage of WE Solutions Limited with a Buy rating and HK$0.75 target price.  We believe the Company is uniquely positioned in a rapidly growing outsourced mobility solution industry, especially in and around China as it removes foreign ownership limits on automakers.  In addition to the engineering business, which is diversified across European and Asian manufacturers, we believe the Apollo hypercar business should add value to the Company as both a profit center and a merchandising/branding platform.  Additionally, WE Solutions boasts an impressive shareholder list for a smaller company and a management team that has built the current structure in a shareholder friendly manner.  Our target price is based on a P/E multiple of 17 times our fiscal 2021 Diluted EPS estimate of HK 5.22 cents, discounted one year at 15%.  We also note that our model assumes Ideenion’s consideration shares will be issued at HK$0.52 and not a likely higher price which would result in less shares being issued.

Read Complete Report

 

The Wall Street Resource

We are partnering with the wall Street Resource to give our client companies another great resource in being able to distribute quality on line interviews to a broad investing audience.

The Wall Street Resource

Now available on your favorite Podcast platform.

iTunes, Spotify, Stitcher, Google, etc.

Listen to CEO interviews at The Wall Street Resource website, or your favorite Podcast platform.

Below are our past interviews. Find a company and note the date of
the interview. You can find them on the Webcast page listed chronologically at the link
below.

 

Listen Now

 

COMPANY(TICKER) - DATE OF INTERVIEW

ACME United Corporation (ACU) - Wednesday January 29, 2020

Allied Esports Entertainment Inc. (AESE)  -  Thursday January 2, 2020

Arcimoto, Inc. (FUV)  - Thursday, November 21, 2019

Arcturus Therapeutics Holdings Inc. (ARCT)  - Thursday, October 3, 2019

BioLargo, Inc. (BLGO)  -  Wednesday, November 13, 2019

Boxlight Corporation (BOXL)  -  Tuesday, November 5, 2019

C-Com Satellite Systems Inc. (CMI.V)  -  Tuesday January 7, 2020

Chicken Soup for the Soul Entertainment, Inc. (CSSE)  -  Monday December 30, 2019

Converge Technology Solutions Corp. (CTSDF)  - Tuesday January 14, 2020

CynergisTek, Inc. (CTEK)  -  Tuesday, December 17, 2019

Dyadic International, Inc. (DYAI)  -  Wednesday, October 16, 2019

ElectraMeccanica Vehicles Corp. (SOLO)  - Monday, November 25, 2019

Equillium, Inc. (EQ) - Thursday February 6, 2020

Intellicheck, Inc. (IDN) - Tuesday January 28, 2020

Lightwave Logic, Inc. (LWLG) - Thursday January 30, 2020

LiveXLive (LIVX) - Monday, November 18, 2019

MamaMancini’s Holdings, Inc. (MMMB)  -  Monday December 23, 2019

Monaker Group, Inc. (MKGI)  -  Monday, October 14, 2019

One Stop Systems, Inc. (OSS) - Wednesday February 5, 2020 

Resonant Inc. (RESN)  -  Monday December 30, 2019

SRAX, Inc. (SRAX)  -  Thursday, October 17, 2019

Stereotaxis, Inc. (STXS)  -  Monday January 6, 2020

Summit Wireless Technologies, Inc. (WISA)  -  Thursday, September 26, 2019

Super League Gaming, Inc. (SLGG)  -  Thursday, October 24, 2019

Turtle Beach Corporation (HEAR)  -  Wednesday December 18, 2019

Verb,Technology Company Inc. (VERB) - Thursday January 23, 2020

Veritone, Inc. (VERI)  -  Monday, November 11, 2019

Versus Systems Inc. (VRSSF)  -  Thursday December 19, 2019

VirTra, Inc. (VTSI)  -  Friday December 20, 2019

Weyland Tech Inc. (WEYL)  -  Tuesday December 3, 2019

Wrap Technologies, Inc. (WRTC)  -  Wednesday, December 4, 2019

Zedge, Inc. (ZDGE)  -  Monday December 16, 2019


 
https://thewallstreetresource.com/webcasts/

For more information contact:

Jeff Kone (805) 965-1589
The Wall Street resource
www.thewallstreetresource.com

 

Alternative Investments

The St. Petersburg, FL Realty Market

Quickly becoming a very trendy hot spot St. Petersburg has an astonishing array of great restaurants and nightlife combined with one of the top beach locations anywhere. Pinellas county also has a large number of residential homes that are in some stage or foreclosure or are bank owned, making a great Opportunity for the Fix-n-Flip practitioners.

Following is a list of all bank owned properties in Pinellas County- St. Pete-Clearwater, FL area.

Click the following link to view the Listings:
https://stellar.mlsmatrix.com/DE.asp?ID=28484315926&L=1

We’ll be providing a top fix-n-flip list going forward so stay tuned.

This weeks pick !

A great little house that needs a new owner and some TLC., Offered at $159,000

 

Click the following link to view the Listing:

3105-138th Place, Largo FL, 33771

For More information contact:

Gemee Minkler

BRODERICK & ASSOCIATES INC

gemeem@broderickrealty.com
Ph: 479-221-0809

Please subscribe to our newsletter to get ongoing Real Estate updates:

Black Swan Connection Newsletter Signup

 

New Distribution Partner for SMM

In addition to our ongoing growth in distribution we have added a new very important distribution partner in Quote Media.

https://www.quotemedia.com/

They are the premier provider of quote and news services to the financial Industry in North America. They current have some 675 subscribers and publishers of their quote and news feeds including major stock exchanges like NASDAQ and the Toronto Stock Exchange and an extensive list of portfolio managers both in North America and abroad.

All Research updates, releases and news articles will automatically be uploaded from SMM to Quote Media through our RSS feed and will be then ticker tagged and distributed across the Quote Media network in real Time.

This is provided by SMM at no additional charge.

If you have any questions, please feel free to email or give me a call.

COMPANY QUOTES, LISTINGS RESEARCH AND NEWS

             

Antibe Therapeutics, Inc (ATBPF)

 

 Profile

11/11/2018

News

   

AzuerRx Biopharma, Inc. (AZRX)

 

7/11/2019

News

   

Canbiola, Inc. (CANB)

 

Profile

 

News

   

Cavitation Technologies, Inc. (CVAT)

Profile

8/22/2019

News

   

Endurance Exploration Group, Ltd (EXPL)

 

 Profile

  03-26/19

News

   

Guangdong Land Holdings Limited (124) HK

6/6/2019

News

   

H-Source Holdings, Ltd (HSCHF)

4/9/2019

News

   

Summit Wireless Technologies, Inc.

 

  06/04/19

     

Social Reality, Inc. (SRAX)

   

   02/05/19

News

   

WE Solutions Ltd. (HK 0860)

 

      Profile

1/13/2020

News

 

 

 

 


 


February 7th, 2019

ValuEngine Weekly Report

By: Paul Henneman

ValuEngine Market Valuation update for the week of February 07, 2020. Strong Buy pick today is ticker W (Wayfair, Inc) as the ValuEngine models like it at this price. The overall number of undervalued vs overvalued stocks has pulled back a little, but still the majority of stocks covered remain undervalued. A good sign. All data on 16 sectors, 140 industries, and 5,000 stocks are fully updated. Read on for the full update and stock pick.
Read more

www.ValuEngine.com to log in, or free two-week full trial. Over 5,000 stocks, 16 sector groups, 140 plus industries covered every day.

VALUATION WATCH: Overvalued stocks now make up 40.61% of our stocks assigned a valuation and 13.47% of those equities are calculated to be overvalued by 20% or more.

 

To subscribe to our bulletins and receive content whenever it is published, subscribe at our blog HERE

Want to learn more about ValuEngine? Our methods? Our history? 
Check out our video presentation HERE

SMM Research Partners

 

Black Swan Research Coverage and Subscription Service
Click Here>>

 


Event Calendar Updates

Time for Noblecon again

Our Noble team is gearing up for our 16th Annual Small and Microcap Conference, February 16-18 at the new Hard Rock Hotel in Hollywood, FL.

125 presenting  companies, 6 highly topical panel presentation, and ample networking opportunities. Key-note address by Jeb Bush 43rd Governor of Florida (1999-2007) on Feb 17, and former Press Secretary Ari Fleischer on Feb 18. 
Full details at www.nobleconference.com

 

Visit our homepage for up to the minute Financial News, Quotes and our Latest Black Swan Connection Newsletter

Stock Market Manager Homepage

-SMM Distribution Update-

Distribution (Reach)

SMM Global Twitter Acct     (Impressions last 30 days)          520

SMM Global Facebook Page  (Reach last-30 days)               6,462

SMM Linkedin Page                 (contacts)                              472

SMM Youtube Channel            (followers)                                 6 

SMM Instagram Page  *          (followers)                               11

Direct Email     *                                                          249,000

Total                                                                           256,460

Note*  Our Instagram acct was recently hacked so we had to start over again.

We have also cleansed our email database of subscribers who haven’t opened for some time and or have errors or other delivery issues with their email.

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