This article is about Centamin PLC (CELTF.PK). Centamin has a market capitalization of $600 million. It currently operates the Sukari gold project, of which it owns 50%. It also has some minor exploration properties in Ethiopia, as well as roughly $130 million in cash and equivalents, and $220 million in current assets.
Centamin has managed the Sukari gold project exceptionally well, given that it has seen rising production and a reduction in costs. It has been in production since June, 2009. In 2010, the mine's first full year of production, it produced 150,000 ounces. It is slated to produce 320,000 ounces of gold in 2013, with 160,000 ounces belonging to Centamin, and the company hopes to ramp up production over the next couple of years to as much as 500,000 ounces per year. Furthermore, the company's cash costs have dropped from over $700/ounce to less than $600/ounce since the beginning of 2012.
Best Airline Stocks To Buy For 2015: AutoNation Inc (AN)
AutoNation, Inc. (AutoNation), incorporated on May 30, 1991, is an automotive retailer in the United States. As of December 31, 2011, the Company had three operating segments: Domestic, Import, and Premium Luxury. As of December 31, 2011, it owned and operated 258 new vehicle franchises from 215 stores located in the United States, predominantly in metropolitan markets in the Sunbelt region. Its stores sell 32 different brands of new vehicles. The core brands of vehicles that it sells, representing approximately 90% of the new vehicles that it sold during the year ended December 31, 2011, was manufactured by Ford, Toyota, Nissan, General Motors, Honda, Mercedes-Benz, BMW, and Chrysler. The Company offers a diversified range of automotive products and services, including new vehicles, used vehicles, parts and automotive repair and maintenance services , and automotive finance and insurance products, which includes the arranging of financing for vehicle purchases through third-party finance sources. The Company retailed approximately 400,000 new and used vehicles through its stores in 2011. It acquired one automotive retail franchise and related assets during 2011.
Domestic segment consists of retail automotive franchises that sell new vehicles manufactured by General Motors, Ford, and Chrysler. Its Import segment is comprised of retail automotive franchises that sell new vehicles manufactured primarily by Toyota, Honda, and Nissan. Its Premium Luxury segment is consists of retail automotive franchises that sell new vehicles manufactured primarily by Mercedes-Benz, BMW, and Lexus. The franchises in each segment also sells used vehicles, parts and automotive repair and maintenance services, and automotive finance and insurance products. For the year ended December 31, 2011, Domestic revenue represented 34% of total revenue, Import revenue represented 37% of total revenue, and Premium Luxury revenue represented 28% of total revenue. Corporate and other is consist of its other businesses, incl! uding collision centers, e-commerce activities, and an auction operation, each of which generates revenues, as well as unallocated corporate overhead expenses and retrospective commissions for certain financing and insurance transactions that it arranges under agreements with third parties.
The Company�� stores acquires vehicles for retail sale either directly from the applicable automotive manufacturer or distributor or through dealer trades with other stores of the same franchise. it acquires used vehicles from customer trade-ins, auctions, lease terminations, and other sources. It recondition used vehicles acquired for retail sale at its stores��service facilities and capitalize costs related thereto as used vehicle inventory. Through its VVOs, which are located on existing store facilities, it sells vehicles that it would have traditionally wholesaled with an average retail price lower than that of used vehicles it typically retail. Used vehicles that the Company do not sell at its stores or VVOs generally are sold at wholesale prices through auctions.
The Company offers a variety of automotive finance and insurance products to its customers. The Company arranges for its customers to finance vehicles through installment loans or leases with third-party lenders, including the vehicle manufacturers��and distributors��captive finance subsidiaries, in exchange for a commission payable to the Company. It also offers its customers various vehicle protection products, including extended service contracts, maintenance programs, guaranteed auto protection (GAP, this protection covers the shortfall between a customer�� loan balance and insurance payoff in the event of a casualty), tire and wheel protection, and theft protection products. The vehicle protection products that its stores offers to customers are underwritten and administered by independent third parties, including the vehicle manufacturers��and distributors��captive finance subsidiaries. The Company sells t! he produc! ts on a straight commission basis; however, it also participate in future underwriting profit for certain products pursuant to retrospective commission arrangements. Commissions that it receives from these third-party providers may be subject to chargeback, in full or in part, if products that it sells, such as extended service contracts, are cancelled. Its stores also provide a range of vehicle maintenance, repair, paint, and collision repair services, including warranty work that can be performed only at franchised dealerships and customer-pay service work. The Company has entered into framework agreements with vehicle manufacturers and distributors. It operates each of its new vehicle stores under a franchise agreement with a vehicle manufacturer or distributor.
Advisors' Opinion:- [By Miles Weiss]
Lampert, who took over as chief executive officer at Sears in February, distributed stock in the retailer rather than cash to investors exiting his fund, forcing him to surrender majority control. While such redemptions in kind are rare within the hedge-fund industry, Lampert has used the technique several times, paying investors who want to withdraw their money with shares from his stakes in companies such as AutoZone Inc. (AZO) and AutoNation Inc. (AN)
- [By Lawrence Meyers]
For auto loans, debt balance and number of accounts are also increasing, while auto loan delinquencies are declining. That makes automakers great stocks to buy. Trucks and used cars are selling best right now, so I�� choose the all-American Ford (F) which has regained its footing post-financial crisis, and the king of used car retailers, AutoNation (AN).
- [By Michael Lewis]
With car sales in the United States looking healthier and healthier, the various outlets within the industry should benefit as well. At least, that's how AutoNation (NYSE: AN ) CEO Mike Jackson sees it. His company reported encouraging results this week, with profit up double digits and a top line sales figure that beat the Street's estimates. Though the stock was down slightly and analysts maintain a relatively neutral outlook, the company has encouraging fundamentals and a growing business that may be worth an extra glance. Here's what you need to know.
- [By WWW.DAILYFINANCE.COM]
Aside from the bad publicity, which is never fun, we welcome recalls.
The General Motors recall offers at least four opportunities for business: fixing the recalled part, a roughly $250 cost for the Chevrolet Cobalt ignition switch fix which led the recall wave; other service and repair work; selling new cars; and, for those dealers with loaner car fleets, providing transportation to some waiting customers, paid for by GM. Several factors have combined to turn what started off as a pure public relations disaster into a strong sales year for some GM dealers. Dealers say GM has responded well to the crisis, with Chief Executive Officer Mary Barra publicly apologizing for failures and distancing the "New GM" which emerged from bankruptcy in 2009 from the "Old GM" which made many of the recalled cars. The automaker has also benefited from a growing economy, and the highest profile recalls, for ignition switches, mostly affect discontinued models. And last but not least, auto recalls have become so common with 29 million cars called in globally by GM and millions more by other brands, that consumers are suffering from "recall fatigue" and aren't paying attention, dealers say. "I think perhaps people worry less about the recalls than the newspapers do," said Herb Chambers, CEO of Herb Chambers Cos., the 14th largest U.S. auto dealership group with dealerships covering several brands in greater Boston. New Hires Rummaging through a box in his office, Mark Scarpelli pulls out packages containing parts for recalls, including a simple-looking gray plastic sheaf with a piece of black foam. It is a fix for a seatbelt in the Chevy Traverse, a large SUV. In a comprehensive safety review that followed the Cobalt recall, GM found the Traverse seat belt connector could fatigue and separate over time, and it recalled the vehicles. The automaker pays the dealership for 45 minutes of labor to install the new part, said Scarpelli. AutoNation (AN), the largest U.S. auto d
Top Rising Companies To Invest In 2014: Capral Ltd (CAA)
Capral Limited is an Australia-based company engaged in the manufacturing, marketing and distribution of semi-fabricated aluminium products. The Company operates in three segments: Residential, Commercial and Industrial. The Residential segment includes the supply of aluminum and other components for windows and doors, showers and wardrobes and security products. The Commercial segment includes the supply of aluminum and other components for windows and doors, internal fit outs and other commercial building related products. The Industrial segment includes the supply of aluminum extrusions and rolled products for industrial uses. The Company produces a range of extruded aluminium products and systems. The Company�� subsidiaries include Aluminium Extrusion & Distribution Pty Limited and Austex Dies Pty Limited. In October 2013, the Company acquired OneSteel Aluminium business from OneSteel Trading Pty Limited. Advisors' Opinion:- [By Live investor]
The company�� entered into an agreement with Competitive Carriers Association (CAA), representing tiny mobile operators, through which smaller mobile providers would be able to utilize Sprint�� nationwide network until they build their own. On the other hand, Sprint customers would be able to use the better network of smaller players. At the trade show in San Antonio Son said that the program�� aimed at providing high-speed internet service to areas which were devoid of it. This would intensify competition in the market.
Top Rising Companies To Invest In 2014: Actelion Ltd (ATLN.VX)
Actelion Ltd is a Swiss biopharmaceutical holding company that focuses on the discovery, development and commercialization of small molecule drugs. The Company has four approved drugs on the market: Tracleer, an oral dual endothelin receptor antagonist; Veletri, a prostanoid vasodilator; Ventavis, an inhaled formulation of iloprost, and Zavesca, an oral treatment for type 1 Gaucher disease. Furthermore, the Company has a number of compounds various stages of development. The Company operates through a number of worldwide subsidiaries, including Actelion Registration Ltd, which holds marketing authorizations for products marketed in the European Union; Actelion Clinical Research, Inc, engaged in clinical development on behalf of the Company's group; Actelion Re SA, providing insurance solutions for the Company's group and Actelion US Holding Company, engaged in the holding activities of the Company's United States-based units. In September 2013, it acquired Ceptaris Therapeutics, Inc. Advisors' Opinion:- [By Victor Selva]
Forest Laboratories has a current ratio of 2.69% which is higher than the ones registered by Endo International Plc (ENDP), Valeant Pharmaceuticals International (VRX) and Cubist Pharmaceuticals Inc. (CBST). For investors looking for a higher ROE, Allergan Inc. (AGN) and Actelion Ltd. (ATLN.VX) are good options.
Top Rising Companies To Invest In 2014: Osage Exploration and Development Inc (OEDV)
Osage Exploration and Development, Inc. (Osage) is an oil and natural gas exploration and production company with reserves and production in the country of Colombia and the state of Oklahoma. The Company�� pipeline is located in Colombia. The Companys focuses on developing its 28,000-acre Horizontal Mississippian block along the Nemaha Ridge in Logan County, Oklahoma, with their partners Slawson Exploration, and U.S. Energy Development Corp. The Company generates oil sales from its production operations in Colombia and in the state of Oklahoma and pipeline revenues from its Cimarrona property in Colombia. During the year ended December 31, 2011, the Company drilled two salt water disposal wells and commenced drilling the Wolfe#1-29H, the Company�� horizontal Mississippian well in Logan County, Oklahoma. In January 2012, the Company began drilling the Krittenbrink 2-36H, the Company�� second well in Logan County.
The Company�� subsidiary, Cimarrona LLC, owns a 9.4% interest in certain oil and gas assets in the Guaduas field, located in the Dindal and Rio Seco Blocks that consist of 21 wells, of which seven are producing, that covers 30,665-acres in the Middle Magdalena Valley in Colombia, as well as a pipeline with a capacity of approximately 30,000 barrels of oil per day. The Cimarrona property, but not the pipeline, is subject to an Ecopetrol Association Contract (the Association Contract) whereby the Company pays Ecopetrol S.A. (Ecopetrol) royalties of 20% of the oil produced.
The Company has acquired oil and gas leases in Logan County, Oklahoma targeting the Mississippian formation. The Mississippian formation is located on the Anadarko Shelf in northern Oklahoma and south-central Kansas. The top of this expansive carbonate hydrocarbon system is encountered between 4,000 and 6,000 feet and lies stratigraphically between the Pennsylvanian-aged Morrow Sand and the Devonian-aged Woodford Shale formations. The Mississippian formation reach 600 feet in gross thickness a! nd the targeted porosity zone is between 50 and 300 feet in thickness. The Company owns 100% of the working interest in certain producing oil and natural gas leases located in Osage County, Oklahoma (Hopper Property). The Property consists of 23 wells, 10 of which are producing wells, on 480 acres.
Advisors' Opinion:- [By CRWE]
Today, OEDV surged (+6.78%) up +0.08 at $1.26 with 39,220 shares in play thus far (ref. google finance Delayed: 11:56AM EDT August 22, 2013).
Osage Exploration and Development, Inc. previously reported financial results for the three months ended June 30, 2013 and provided an update on field operations. For the quarter, the Company reported a 75.8% increase in revenues of $2.4 million compared to the same period in 2012, and operating income of $1.2 million versus a loss of $274,563 for the period ending June 30, 2012.
Osage participated in drilling ten wells during the second quarter, bringing the total number of wells in which Osage has an interest to twenty-nine as of June 30, 2013. Additionally, the Company reported average daily production roughly in-line with first quarter production.
- [By CRWE]
Today, OEDV surged (+1.96%) up +0.03 at $1.56 with 178,129 shares in play thus far (ref. google finance Delayed: 12:28PM EDT August 30, 2013).
Osage Exploration and Development, Inc. previously reported preliminary production results on the Mallard 1-16H Horizontal Mississippian well in Logan County, Oklahoma. The well, located in Section 16-17N-3W, achieved a 24-hour peak initial production rate of 705 barrels of oil plus associated natural gas on an electric submersible pump and a 48/64��choke.
Top Rising Companies To Invest In 2014: ZBB Energy Corp (ZBB)
ZBB Energy Corporation (ZBB), incorporated in 1988, is engaged in designing, developing, and manufacturing energy storage and power electronic systems to solve a range of electrical system challenges in global markets for utility, governmental, commercial, industrial and residential customers. The Company operates in two segments: ZBB Energy Storage and Power Electronic Systems and Tier Electronics Power Conversion Systems. The ZBB Energy Storage and Power Electronics Systems business segment designs and manufactures electrical power management platforms. The Company offers a portfolio of intelligent power management platforms for grid independent, grid interactive and grid conversion environments in a variety of applications around the world. In January 21, 2011, the Company acquired Tier Electronics LLC.
The Company�� intelligent power management platforms integrate multiple renewable and conventional onsite generation sources with rechargeable zinc bromide flow batteries and other storage technologies to ensure optimal energy availability for on grid and off grid applications, while maximizing the use of renewable energy sources. The Company�� energy storage product incudes ZESS Zinc Bromide flow batteries, which is modular and scalable, self-contained and front accessible. Its power electronic systems product Power and Energy Control Center (ZESS POWR PECC) is a hybrid power conversion system that can support the integration of combinations of onsite generating sources. When supplied with the Company�� ZESS flow batteries or other energy storage devices, the platform creates an expandable system that independently optimizes the supply of each generating source. This integrated energy management platform is configurable, modular, and scalable for on grid, off grid and grid back-up applications. The ZESS POWR PECC can be used with a variety of storage technologies.
The Company�� energy storage and power control technologies are used in grid interactive, grid indepen! dent and grid conversion configurations for a variety of applications and markets. Its All-in-One (AIO) power converters are the core of its power modules for standard and custom-configured products. These converters are designed specifically for power applications. Grid-tie inverters for wind and solar sources provide energy back to the grid and medical line regulators. Energy recovery converters are designed for alternator and generator testing, as well as recouping power from waste heat output.
Advisors' Opinion:- [By James E. Brumley]
OK, my last bullish call on ZBB Energy Corporation (NYSEMKT:ZBB) didn't work out so well. It looks like it was just too soon to expect a bounce from ZBB back on April 2nd when it was still in the shadow of a huge runup and a subsequent pullback. The dust has fully settled now, however, and most of the clues are now pointing in a bullish direction.
Top Rising Companies To Invest In 2014: Teva Pharmaceutical Industries Limited (TEVA)
Teva Pharmaceutical Industries Limited, a pharmaceutical company, develops, produces, and markets generic drugs; and proprietary branded pharmaceuticals in various therapeutic categories and active pharmaceutical ingredients worldwide. The company?s provides generic drug portfolio of approximately 1,450 molecules and a direct presence in 60 countries. It offers generic pharmaceutical products in a range of dosage forms, such as tablets, capsules, ointments, creams, liquids, injectables, and inhalants. The company sells its generic injectable products to hospitals, clinics, and other institutional channels, primarily in the United States and Europe, as well as in Latin America and eastern Europe. Its branded products include Copaxone to treat multiple sclerosis; and Azilect to treat Parkinson?s disease, as well as biosimilars, respiratory, and women?s health products. The company was founded in 1901 and is headquartered in Petach Tikva, Israel.
Advisors' Opinion:- [By Jayson Derrick]
Analysts at Morgan Stanley maintained an Equal-Weight rating on Teva Pharmaceutical (NYSE: TEVA) with a price target raised to $61 from a previous $57. Shares hit new 52-week highs of $57.10 before closing the day at $56.48, up 0.02 percent.
- [By Sean Williams]
Bipolar disorder is the final mood disorder characterized by major shifts in mood, energy, and ability to function, and it affects roughly 6 million people in the United States. Similar to dysthymia, medication and counseling are the two most common therapies used to keep this long-term disease in check. Perhaps one of the best-known treatments is Johnson & Johnson's�Risperdal, which has long since gone to a generic form and is now manufactured by Teva Pharmaceutical (NYSE: TEVA ) .�
Top Rising Companies To Invest In 2014: Multimedia Games Holding Company Inc.(MGAM)
Multimedia Games Holding Company, Inc., together with its subsidiaries, engages in the design, manufacture, distribution, and maintenance of gaming machines, video lottery terminals, and associated systems and equipment. The company provides a range of networked gaming systems that control and operate Class II gaming machines, video lottery terminals, and bingo terminals at Native American and commercial gaming facilities. It offers various classic 3-reel and 5-reel mechanical reel games, which provide players with a slot gaming experience; Side Action series of slot games; Maximum Lockdown, a hybrid mechanical reel game; Treasure Top series, a range of 3-reel mechanical games that includes LED lights and a video spinning wheel; TournEvent, a slot tournament system, which allow operators to switch from in-revenue gaming to out-of-revenue tournaments; and High Rise Games. The company also offers back-office accounting and slot management systems that are used to manage the floor operations; and server-based centrally-linked player terminals, which are placed and sold in Class II, video lottery terminal, and bingo settings, as well as standalone player terminals that are placed and sold in Class III settings. It provides its gaming systems to Native American and commercial casino operators in North America; domestic and selected international lottery operators; and charity and commercial bingo gaming facility operators. The company was formerly known as Multimedia Games, Inc and changed its name to Multimedia Games Holding Company, Inc. in April 2011. Multimedia Games Holding Company, Inc. was founded in 1991 and is based in Austin, Texas.
Advisors' Opinion:- [By Rick Munarriz]
Multimedia Games (NASDAQ: MGAM ) is a provider of casino games, growing at a healthier rate than its larger rivals. Another thing it does is make analysts look like perpetual underachievers. If analysts say that the company posted a profit of $0.24 a share in its latest quarter, I'll argue that it held up better than that. History's on my side!
- [By Rick Munarriz]
In the following video, longtime Motley Fool contributor Rick Munarriz takes a question from a Fool reader, who asks: "Multimedia Games�[ (NASDAQ: MGAM ) ] is going up, up, and away. What's making the stock take off?"
- [By Brian Pacampara]
What: Shares of gaming machine manufacturer Multimedia Games (NASDAQ: MGAM ) surged 19% today after its quarterly results and guidance easily topped Wall Street expectations.
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