Judging solely from the name, you'd expect General Electric (NYSE: GE ) to have a fondness for electric businesses -- and it does.
On Thursday, GE announced that in yet another move toward trying to midwife an American electric car industry, it will begin the financing of commercial purchases of low-speed electric vehicles from Polaris Industries (NYSE: PII ) subsidiary�Global Electric Motorcars (GEM).
GE already supports the nascent electric car industry in several ways, for example, by promising to buy 25,000 electric cars�over five years, and by developing the "WattStation" tower for charging electric cars.
The cars GE says it will be financing today -- smaller than better-known Chevy Volt or Nissan Leaf motorcars -- more resemble golfcarts�in size, but can travel at up to 25 mph, and are street-legal for use on many roads. According to a press release, GEM has sold 46,000 of the vehicles to date.
Top 10 Promising Companies To Invest In 2014: OpenTable Inc.(OPEN)
OpenTable, Inc. provides restaurant reservation solutions in the United States, Canada, Germany, Japan, Mexico, and the United Kingdom. It offers solutions that form an online network connecting reservation-taking restaurants and people who dine at those restaurants. The company provides electronic reservation book (ERB) that combines proprietary software and computer hardware to deliver a solution, whcih computerizes restaurant host-stand operations. The ERB streamlines and enhances various functions and processes for restaurants, including reservation management, table management, guest recognition, and email marketing. The company also operates opentable.com, a restaurant reservation Website that enables diners to find, choose, and book tables at restaurants on the OpenTable network in real time. In addition, it offers Connect, a Web-based service that enables restaurants to accept online reservations from the OpenTable network, as well as through its mobile application s and restaurants' Websites. Further, the company provides POP program, which lets restaurants offer diners bonus Dining Reward Points for reservations at select times; and telephone reservation management services for restaurants. Additionally, it operates toptable.com, a restaurant reservation site; designs, builds, and operates the OTRestaurant Website, which serves as an information and services portal for its restaurant customers; and offers versions of the OpenTable Websites for use on mobile devices, as well as free mobile applications. OpenTable, Inc. was founded in 1998 and is headquartered in San Francisco, California.
Advisors' Opinion:- [By Fabian]
Open Table Inc. (OPEN) Open Table has a market cap of $1.27 billion with a price- to-earnings ratio of 67.27. The stock has been trading in a 52-week range of $52.46 to $118.66. The stock is currently trading around $53. The company reported second quarter revenue of $34.3 million compared with revenue of $22.5 million in the second quarter of 2010. Second quarter net income was $6.3 million compared with net income of $5.07 million in the second quarter of 2010.
IAC/InteractiveCorp (IACI) operates the same type of internet business as Open Table. IACI currently trades around $41 with a market cap of $3.52 billion and a price- to-earnings ratio of 24.12.
Open Table is an established internet company that has posted a profit in six out of the last seven years. In 2010, the company increased its net income by 178%. The company’s stock price has been volatile and is currently near its 52-week low. CNBC stock analyst Jim Cramer thinks Open Table is a safe stock even though its momentum has slowed. I believe that Open Table will continue to be a profitable company, but would wait for the stock price to stabilize before purchasing shares. I rate Open Table Inc. as a hold.
Top 10 Promising Companies To Invest In 2014: Companhia Energetica de Minas Gerais Cemig (CIG)
Companhia Energetica de Minas Gerais (CEMIG), incorporated on May 22, 1952, is a Brazil-based holding company mainly engaged in the generation, transmission and distribution of electricity. In the generation segment, CEMIG operates through hydroelectric plants, thermoelectric plants and wind farms. In the transmission segment, as of December 31, 2008, CEMIG�� transmission network was comprised of 38 substations with a total of 94 transformers and an aggregate transformation capacity of 15,583 Megavolt amperes. In the distribution business, as of December 31, 2008, the Company owned and operated 451,539 kilometers of distribution lines, supplying electricity to approximately 10 million customers. CEMIG is also engaged in the natural gas distribution business in Minas Gerais, through its subsidiary Companhia de Gas de Minas Gerais - GASMIG, as well as in the telecommunications business, through its subsidiary Cemig Telecomunicacoes SA - Cemig Telecom, which provides optical fiber and coaxial cable network.
Power Generation and Trading
As of December 31, 2009, the Company generated electricity at 54 hydroelectric plants, three thermoelectric plants and two wind farms, and had a total installed capacity of 6,624 megawatts. As of December 31, 2009, it owned and operated 3,085 miles of transmission lines and 281,756 miles of distribution lines. It holds concessions to distribute electricity in 96.7% of the territory of Minas Gerais. Eight of CEMIG�� hydroelectric plants accounted for approximately 81% of its installed electric generation capacity during the year ended December 31, 2009. CEMIG operates the Ipatinga thermoelectric plant, through its subsidiary Usina Termica Ipatinga S.A. The plant has an installed capacity of 40 megawatts, generated by two units and that uses blast furnace gas as fuel. The Company operates the Sa Carvalho hydroelectric power plant, located on the Piracicaba River in the municipality of Antonio Dias in the State of Minas Gerais, through its subsid! iary Sa Carvalho S.A. The Company�� Rosal hydroelectric plant has an installed capacity of 55 megawatts. The Rosal plant is located on the Itabapoana River, which runs along the border between the states of Espirito Santo and Rio de Janeiro.
Cemig Capim Branco Energia S.A. is engaged in developing the Capim Branco Generating Complex in partnership with Companhia Vale do Rio Doce (CVRD), a mining company, Comercial e Agricola Paineiras, an agricultural company, and Companhia Mineira de Metais (CMM) a metallurgical company. Horizontes Energia S.A. was formed by the Company to generate and trade electricity, through the commercial operation of its hydroelectric plants: the Machado Mineiro Power Plant (located on the Pardo River in the municipality of Ninheira in the State of Minas Gerais with an installed capacity of 1.72 megawatts); the Salto do Paraopeba Power Plant (located on the Paraopeba River in the town of Jeceaba in the State of Minas Gerais with an installed capacity of 2.37 megawatts); the Salto Voltao Power Plant (located on the Chapecozinho River in the town of Xanxere in the State of Santa Catarina with an installed capacity of 8.2 megawatts), and the Salto do Passo Velho Power Plant (located on the Chapecozinho River in the town of Xanxere in the State of Santa Catarina with an installed capacity of 1.8 megawatts), as well as other generating projects.
Usina Termeletrica Barreiro S.A. holds the assets of the Barreiro thermoelectric power plant. The Irape Hydroelectric Power Plant, which has an installed capacity of 360 megawatts, is located on the Jequitinhonha River, in northern Minas Gerais. The Company�� wind farm, Morro do Camelinho is located in Gouveia, a municipality in northern Minas Gerais. It has a total generation capacity of 1 megawatt, powered by four turbines with a capacity of 250 kilowatts each. Central Eolica Praia do Morgado S.A is located in the county of Acarau, in the State of Ceara. Central Eolica Volta do Rio S.A is located in the county ! of Acarau! , in the State of Ceara.
Transmission
The Company�� transmission business consists of the bulk transfer of electricity from the power plants where it is generated to the distribution system, which carries the electricity to final consumers, and others consumer agents connected directly in the transmission grid. Its transmission system comprises transmission lines and step-down substations with voltages ranging from 230 kilovolt to 500 kilovolt. As of December 31, 2009, the Company�� transmission network in Minas Gerais consisted of 1,352 miles of 500 kilovolt lines, 1,244 miles of 345 kilovolt lines and 485 miles of 230 kilovolt lines, as well as 35 substations with a total of 94 transformers and an aggregate transformation capacity of 15,506 megavolt ampere. The Company transmits the energy that it generates and the energy that it purchases from Itaipu and other sources, as well as the energy for the interconnected power system. On December 31, 2009, the Company also had 13 industrial consumers, to whom it transported 4,103 gigawatt hour directly with high voltage energy, through their connections to its transmission lines. Nine of these industrial consumers accounted for approximately 66.9% of the transported total volume of electricity. The Company also transmits energy to distribution systems, through the south/southeast-linked system of the grid.
Distribution and Purchase of Electric Power
The Company�� distribution operation consists of electricity transfers from distribution substations to final consumers. Its distribution network consists of a network of overhead and underground lines and substations with voltages lower than 230 kilovolts. The Company supplies electricity to industrial consumers at the higher end of the voltage range and residential and commercial consumers at the lower end of the range.
Other Businesses
The Company holds approximately 55% of Gasmig and Petrobras, through its subsidiary, Gaspet! ro-Petrob! ras Gas S.A., holds 40%. In 2009, Gasmig supplied approximately 1.5 million cubic meters of natural gas per day to 276 consumers, including 175 industrial and commercial clients, 93 retail distribution stations for natural gas vehicles, two thermal power plants and six distributors of compressed natural gas (CNG). Gasmig supplied 0.2 million cubic meters of gas per day to thermal power plants and 1.3 million cubic meters of gas per day to retail consumers. In addition to, Gasmig also supplied eight customers with re-gasified liquefied natural gas (LNG). In 2009, Gasmig distributed approximately 4.1% of all natural gas distributed in Brazil.
The Company�� owns a 99.9% interest in Cemig Telecomunicacoes S.A., which has an optical fiber-based long-distance communications backbone installed along the Company�� power grid using optical ground wire cables. This communications backbone is connected to an access network that is based on hybrid fiber-coaxial cable technology and is deployed along its power grid. The telecommunication services provided by Cemig Telecomunicacoes S.A., through its network are signal transportation and access, both for point-to-point and point-to-multipoint applications, delivered to telecommunications operators and Internet service providers on a channel basis. Cemig Telecomunicacoes S.A. also provides intra-company data transmission services to the Company. CEMIG provides consulting services to governments and public utility companies in the electricity industry. The Company has a 100% interest in Efficientia S.A.
Top 10 Diversified Bank Stocks For 2014: Vital Metals Ltd(VML.AX)
Vital Metals Limited engages in the development and exploration of mineral properties. It primarily explores for tungsten and gold. The company?s projects include the Watershed Tungsten project in far north Queensland, Australia; and the Doulnia Gold Project in southern Burkina Faso, West Africa. Vital Metals Ltd is based in Subiaco, Australia.
Top 10 Promising Companies To Invest In 2014: Samson Oil and Gas Ltd (SSN)
Samson Oil & Gas Limited (Samson), incorporated on April 6, 1979, is engaged in exploration and development of oil and natural gas properties in the United States. Samson owns a working interest in each of its three material producing properties, through which it has entered into operating agreements with third parties under which the oil and gas are produced and sold. The Company also has 100% working interest in one exploration property and 50% to 100% in a second property. As of June 30, 2012, the Company�� properties included North Stockyard Project; State GC Oil and Gas Field, New Mexico; Davis Bintliff (Sabretooth Prospect), Brazoria County, Texas; Hawk Springs Project, Goshen County, Wyoming, and Roosevelt Project, Roosevelt County, Montana. As of June 30, 2012, the Company along with its subsidiaries produced approximately 87,956 barrels of oil and 214,463 thousand cubic feet of gas.
North Stockyard Project -Williston Basin, North Dakota
Samson has 34.5% working interest in 3,303 acres adjacent to the North Stockyard Oil Field, which is located in the Williston Basin in North Dakota and is operated by Zavanna LLC. Together with the Company�� working interest owners, it has drilled seven wells in this field, six in the Bakken formation and one in the Mission Canyon formation. During July 2012, the Harstad #1-15H well averaged 15 barrels of oil per day (BOPD). The Leonard-23H (10% working interest, 37.5% after non-consent penalty) is a Mississippian Middle Bakken Formation. In July 2011, this well averaged 46 barrels of oil per day. The Company drilled its third Bakken well in the North Stockyard Field, the Gary-24H (37% working interest). During July 2012, this well averaged 75 BOPD. It drilled its fourth Bakken well in the North Stockyard Field, the Rodney-14H (27% working interest). In July 2011, this well averaged 92 BOPD. It drilled its fifth Bakken well in the North Stockyard Field in Williams County, North Dakota, the Earl 1-13H (32% working interest). In Jul! y 2011, the well averaged 193 BOPD. In June 2011, it drilled its sixth Mississippian Bakken well in the North Stockyard field in Williams County, North Dakota, the Everett 1-15H (26% working interest). As of June 30, 2012, the North Stockyard project had net proved reserves of 598,500 barrels of oil and 757,800 thousand cubic feet (of natural gas).
State GC Oil and Gas Field, New Mexico
The State GC oil and gas field is located in Lea County, New Mexico, and covers approximately 600 acres. As of June 30, 2012, the field had two wells, the State GC#1 and State GC#2. Average daily production during the year ended June 30, 2012 from the State GC oil and gas field was approximately 43 BOPD and 37 million standard cubic feet per day. As of June 30, 2012, the State GC oil and gas field had net proved reserves of 65,500 barrels of oil and 87,300 thousand cubic feet (of natural gas).
Davis Bintliff #1 Well (Sabretooth Prospect), Brazoria County, Texas
The Davis Bintliff #1 well is operated by Davis Holdings. During the year ended June 30, 2012, this well averaged 29 BOPD and 2.61million cubic feet per day. As of June 30, 2012, the Davis Bintliff well had net proved reserves of 700 barrels of oil and 66,400 Thousand cubic feet (of natural gas).
Hawk Springs Project, Goshen County, Wyoming
The Company has 37.5%-100% working interest in Hawk Springs Project. The Spirit of America 1 replacement well, Spirit of America 2, was successfully drilled to a total depth of 10,634 feet during the fiscal year ended June 30, 2012 (fiscal 2012).
Roosevelt Project, Roosevelt County, Montana
The well was drilled to a total measured depth of 14,972 feet with the horizontal lateral remaining within the target zone for the entire lateral length. approximately 3,425 barrels of oil have been produced.
Top 10 Promising Companies To Invest In 2014: Keegan Resources Inc(KGN.TO)
Keegan Resources Inc., a natural resource company, engages in the acquisition and exploration of mineral resources in west Ghana, Africa. The company primarily explores for gold ores. It principally owns interests in the Esaase gold property and the Asumura gold property located in south west Ghana. The company was formerly known as Quicksilver Ventures Inc. and changed its name to Keegan Resources Inc. in August 2004. Keegan Resources Inc. was incorporated in 1999 and is based in Vancouver, Canada.
Top 10 Promising Companies To Invest In 2014: Weight Watchers International Inc(WTW)
Weight Watchers International, Inc. provides weight management services worldwide. It offers various services and products that are built upon its weight management plans comprising nutritional, exercise, and behavioral tools and approaches. The company, through its WeightWatchers.com offerings, provides two Internet subscription products, Weight Watchers Online and Weight Watchers eTools. Weight Watchers Online provides online content, functionality, resources, and interactive Web based weight management plans. Weight Watchers eTools is an Internet weight management tool for the Weight Watchers meetings members that helps to manage the day-to-day aspects of weight management plan online, discover various food options, stay informed, and keep track of their weight management efforts. Weight Watchers International also sells various products that complement its weight management plans, such as bars, snacks, cookbooks, food and restaurant guides with PointsPlus values, Weigh t Watchers magazines, and PointsPlus calculators primarily to its members and franchisees. In addition, it offers iPhone application, which provides subscribers with access to a suite of weight-loss tools, as well as helpful content; and iPad application, which provides subscribers with access to a set of recipe tools. The company was founded in 1961 and is headquartered in New York, New York.
Top 10 Promising Companies To Invest In 2014: Silver Wheaton Cor Com Npv(SLW.TO)
Silver Wheaton Corp., together with its subsidiaries, operates as a silver streaming company worldwide. The company has 14 long-term silver purchase agreements and 2 long-term precious metal purchase agreements whereby it acquires silver and gold production from the counterparties located in Mexico, the United States, Canada, Greece, Sweden, Peru, Chile, Argentina, and Portugal. Silver Wheaton Corp. is headquartered in Vancouver, Canada.
Advisors' Opinion:- [By Glenn]
Silver Wheaton is considered to be one of the most stable silver stocks due to its unique and stable business model.
“They don't have the risks of excavating and not finding anything,” said Yu Dee Chang, Principal at ACE Investments. “Their costs are fixed. That's why their profit margin is also fixed. I like this as a more stable play.”
Silver Wheaton's core approach lies in buying already-excavated ores from miners, then extracting silver from it. The company's portfolio includes silver streams from Goldcorp's Peñasquito mine in Mexico and Barrick's Pascua-Lama project spanning the border of Chile and Argentina.
The company says it currently has 15 silver purchase agreements and two precious metals agreements where it has the right to purchase all or a portion of the silver production at a low fixed cost from high-quality mines located in politically stable regions. Silver Wheaton estimates that it will have exposure to 40 million silver equivalent ounces of annual production by 2013, from about 23.5 million silver equivalent ounces in 2010.
David Christie of Scotia Capital has a sector outperform rating and one-year, $40 price target for the stock. “Silver Wheaton performed better than any other silver investment including the metal itself year-to-date,” he told investors in late 2010, noting that few silver stocks have outperformed the metal. Christie praises the company for being the best-leveraged and safest operational growth story of the precious metals companies he covers.
Top 10 Promising Companies To Invest In 2014: Cambium Learning Group Inc.(ABCD)
Cambium Learning Group, Inc. provides intervention curricula, educational technologies, professional services, and other research-based education solutions in the United States. Its Voyager segment offers reading, math, and professional development programs, as well as online courseware and credit recovery solutions for at-risk and special education student populations. This segment also offers reading, literacy, and targeted intervention programs; interactive Web-based programs; math programs for additional student practice for grades 2-8, students in the 25th percentile and below in grades 5-9, and students at risk of failure in algebra; professional development services for teachers and leadership; and online instruction, supplemental courseware, and intervention programs. The company?s Sopris segment provides printed and technology based supplemental solutions comprising assessments, literacy and mathematics interventions, positive behavior supports, and professional development. It offers various programs that address students who score at or below the basic skill level in writing; reading and writing intervention programs; literary screening and progress monitoring tools; professional development programs for educators; programs to improve reading fluency, vocabulary, and comprehension for grades 3-12; and intensive, multisensory, and small group reading intervention programs for primary through intermediate grades. The company?s Cambium Learning Technologies segment provides integrated Websites for individual classrooms, schools, and districts; subscription-based online library of interactive simulations for math and science in grades 3-12; text-to-speech software literacy solutions for individuals with special needs and learning difficulties; and hardware products that target students with physical, visual and cognitive disabilities. Cambium Learning Group, Inc. was founded in 2002 and is headquartered in Dallas, Texas.
Top 10 Promising Companies To Invest In 2014: Bassett Furniture Industries Incorporated(BSET)
Bassett Furniture Industries, Incorporated, together with its subsidiaries, engages in the manufacture, marketing, import, and retail of branded home furnishings in the United States. The company operates in three segments: Wholesale, Retail, and Investments and Real Estate. The Wholesale segment engages in the design, manufacture, sourcing, sale, and distribution of furniture products and accessories to a network of 89 Bassett Home Furnishings stores, including independently-owned and company-owned retail stores; and independent furniture retailers. This segment is also involved in wood and upholstery operations. The Retail segment operates 39 licensee-owned stores and 49 company-owned and operated stores in Alabama, Arizona, Arkansas, Connecticut, California, Delaware, Florida, Georgia, Illinois, Maryland, Massachusetts, Mississippi, Missouri, Nevada, New Jersey, New Mexico, New York, North Carolina, South Carolina, Ohio, Tennessee, Texas, and Virginia. The Investments a nd Real Estate segment consists of retail real estate related to licensee stores; equity investments in Zenith Freight Lines, LLC; and investments in marketable securities; investment in the Fortress Value Recovery Fund I, LLC. Bassett Furniture Industries, Incorporated was founded in 1902 and is based in Bassett, Virginia.
Top 10 Promising Companies To Invest In 2014: Astivita Renewables Limited(AIR.AX)
AstiVita Renewables Limited, through its subsidiaries, imports, warehouses, and distributes bathroom, kitchen, and solar products for retailers, plumbing merchants, hardware suppliers, and licensed dealers in Australia and New Zealand. It offers tap ware, bath spouts, shower heads, bathroom vanities, baths and spas, basins, shower cubicles, bathroom accessories, mirrors and cabinets, bathroom toilets, plugs and wastes, kitchen sinks, kitchen appliances, and solar hot water and home solar electricity products. AstiVita Renewables Limited was founded in 2004 and is based in Rocklea, Australia.
No comments:
Post a Comment