Serenic Corporation (SER)
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Posted: Tuesday Jan 29 3:46:51PM 2008
SER closed about 0.50 CAD.
Massive insider buying @.50
Frankfurt listing completed
yoy revenue increase should be 30%+
showing a profit
Nearly 3 million cash, no debt AND marketcap only 8 million - this one is heavily undervalued.
I am looking for some big orders that will move this one above a buck...
Posted: Tuesday Jan 29 4:02:22AM 2008
high maintenance subscription renewal rate combined with the increasing number of Navigator and HCM software clients and a greater number of attendees at Serenic training seminars
Posted: Tuesday Jan 29 3:59:37AM 2008
...gross margin increased by $142,312 or
12.5% to $1,283,849 for the current quarter, from $1,141,537 as recorded for the comparable quarter last
year. This was due primarily to the increase in maintenance revenue which is reported net of all
associated royalties, and also because a portion of the Navigator sales were sold on a royalty-free basis to
certain clients who had previously already purchased Microsoft Dynamics NAV solutions.
Posted: Tuesday Jan 29 3:58:09AM 2008
Client services revenue declined to $434,016 in the current quarter, from $515,127 as recorded in the
same period last year. This decline in revenue was due to several projects being completed during the
current quarter, and not immediately replaced as two new large engagements were delayed as customers
chose to reschedule their software implementation projects into the first calendar quarter of 2008.
Posted: Tuesday Jan 29 3:49:02AM 2008
cash position now: 2.9 million
accounts receivable: 1.2 million
accounts payable: 0.9 million
deferred revenue: 2.0 million
Posted: Tuesday Jan 29 3:41:33AM 2008
Q4 should be much better.
But at least: "improved gross margin due to higher revenue and nearly unchanged operating expenses."
I will add to my position.
Posted: Monday Jan 28 1:57:47PM 2008
Could be of help regarding European acquisitions...
This one is becoming better and better.
Posted: Monday Jan 21 4:57:05AM 2008
And insider buying:
an 17/08 Jan 10/08 Kushniruk, R. Dwayne Direct Ownership Common Shares 10 - Acquisition in the public market 50,000 $0.500
Jan 17/08 Jan 10/08 Buchanan, Gordon Control or Direction Common Shares 10 - Acquisition in the public market 200,000 $0.500
Jan 14/08 Jan 10/08 Johnston, Paul Douglas Direct Ownership Common Shares 10 - Acquisition in the public market 70,000 $0.500
Posted: Monday Jan 21 4:53:42AM 2008
Share overhang seems to be removed. This one could be really interesting. my target: 1.50 cad
Posted: Monday Jan 14 6:41:01AM 2008
Unusual high volume last trading days. Something is going on. Any ideas? Another good quarter?
Posted: Wednesday Nov 21 8:30:20AM 2007
I was on the call, but it was a top pick so you answered my questions. Thanks. Nice pop too :-) Gotta love smallcaps.