Pemstar (PMTR) 銘柄情報

PMTR was featured as a pick by affordablestock.com on july 24th.

Some DD from the smallcap knowledge board:

http://www.investorshub.com/boards/read_msg.asp?message_id=11825347

4:06PM Pemstar obtains more favorable banking terms from lenders (PMTR) 3.31 -0.16 : Co announces that it has secured more favorable terms for its revolving line of credit with its domestic lending institutions. Key highlights of changes from the existing arrangements included in the Amended and Restated Loan and Security Agreement dated July 3, 2006, include: Increases the Revolving Loan Commitment from $40 mln to $45 mln and decreases the Tranche B Loan Commitment from $10.5 mln to $9 mln. Reduces the interest rate on the Revolving Loans to prime rate plus a range from 0% to 0.75%, depending on co liquidity; or to LIBOR plus a range from 2.00% to 2.75%, depending on Company liquidity. Reduces the interest rate on the Tranche B Loans to prime rate plus 4.75% from prime rate plus 6.00%. Increases the monthly payments on the Tranche B Loans to $400,000 per month from $250,000 per month
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PMTR is #7 on the under $10 list by IBD:
http://biz.yahoo.com/special/low060506.html

PMTR: bought a starter position on 14 Jul 06. Solid fundie waiting to be "discovered" by the big boys- on the IDB list for best stock under $10. Should break the $4 mark and hold soon.

PMTR- earning came slightly ahead of expectations, imo.

Revenue for the three months ended June 30, 2006 increased to $212.5 million,

Net income for the fiscal 2007 first quarter ended June 30, 2006 was $4.8 million or $0.11 per basic share and $0.10 per diluted share

As expected, the 2007 period includes a one-time gain of $2.5 million or $0.05 per diluted share....In addition, the company previously announced that as a result of the lease termination agreements, PEMSTAR's future minimum payments under all remaining operating leases as of March 31, 2006 have been reduced to $10.7 million from $23.4 million.

The outlook going forward:
In the first quarter we launched over 30 new projects with existing customers and added projects with ten new customers. This is on top of the 25 announced last quarter. Overall, we are pleased with our progress. On another note, we have retained Jefferies Broadview to explore strategic alternatives for our Tianjin, China operations, which might include a partnership arrangement, a sale or other opportunities. While our turnkey business in Tianjin, China has historically been profitable and important to our historical growth, our strategy is to reduce our consumer business and focus on better fit, more profitable markets like medical, industrial, instrumentation, military/aerospace and process equipment."

Fiscal 2007 Second-Quarter Outlook
The following forward-looking statements are based on current expectations and today's economic uncertainties make it difficult to project results going forward. PEMSTAR currently expects net sales in the traditionally softer fiscal second quarter ending September 30, 2006 of $200 million to $220 million, including planned, seasonally softer, turnkey revenue in China, with net income of $0.04 to $0.08 per diluted share. As is the company's practice, this guidance excludes reserves to adjust capacity to market conditions and customer demands, along with further restructuring or unusual charges.
http://biz.yahoo.com/iw/060727/0148341.html

Added to my PMTR at 3.64 as it bounced off the 20 ema. First buy was 14 July at 3.42
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