AgJunction Inc

AJX-T

Analysis and Opinions about AJX-T

Signal
Opinion
Expert
TOP PICK
TOP PICK
April 21, 2011
GPS in agriculture equipment. Very fast growing company. Growing revenues about 40% in the current quarter. Think they will do $75-$80 million in revenues this year and $10 million in earnings in 2012. If you back out the cash, it is a $55 million market cap enterprise value.
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AgJunction Inc (AJX-T)
April 21, 2011
GPS in agriculture equipment. Very fast growing company. Growing revenues about 40% in the current quarter. Think they will do $75-$80 million in revenues this year and $10 million in earnings in 2012. If you back out the cash, it is a $55 million market cap enterprise value.
TOP PICK
TOP PICK
March 17, 2011
GPS on tractors so they can sow in straight lines. Business is very, very strong. Earnings come out this week. He would be buying ahead of the announcement.
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AgJunction Inc (AJX-T)
March 17, 2011
GPS on tractors so they can sow in straight lines. Business is very, very strong. Earnings come out this week. He would be buying ahead of the announcement.
WAIT
WAIT
March 9, 2011
They have a history of missing guidance and the price has always dropped afterwords. They had problems spending money at the wrong time. They had this massive buildup in inventories but this has fallen back nicely. If it breaks $70-75 Million, next year, you could see a turnaround in this name.
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They have a history of missing guidance and the price has always dropped afterwords. They had problems spending money at the wrong time. They had this massive buildup in inventories but this has fallen back nicely. If it breaks $70-75 Million, next year, you could see a turnaround in this name.
BUY
BUY
February 24, 2011
GPS guidance equipment for farmers so they can do more precision farming. Basically an after market player as their equipment can go on existing equipment. Seem to have come through their problems and are doing better but hope they’ll do better in managing inventory, etc. Underlying theme is good. Worthwhile name to play in the agriculture space.
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AgJunction Inc (AJX-T)
February 24, 2011
GPS guidance equipment for farmers so they can do more precision farming. Basically an after market player as their equipment can go on existing equipment. Seem to have come through their problems and are doing better but hope they’ll do better in managing inventory, etc. Underlying theme is good. Worthwhile name to play in the agriculture space.
STRONG BUY
STRONG BUY
January 31, 2011
One way to play agriculture. Positive change in the demand for their GPS products. Demand is really strong right now. Expecting Dec/10 quarter results to be very strong and you want to own the stock ahead of that.
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AgJunction Inc (AJX-T)
January 31, 2011
One way to play agriculture. Positive change in the demand for their GPS products. Demand is really strong right now. Expecting Dec/10 quarter results to be very strong and you want to own the stock ahead of that.
BUY
BUY
December 21, 2010
Sell GPS devices for farm machinery. We are currently in a very strong agricultural cycle
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AgJunction Inc (AJX-T)
December 21, 2010
Sell GPS devices for farm machinery. We are currently in a very strong agricultural cycle
TOP PICK
TOP PICK
November 11, 2010
Just had record 3rd quarter revenues of $13 million up from $9 million last year. Introducing a lot of new products. $8 million in cash. Looks good but they have to make money.
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AgJunction Inc (AJX-T)
November 11, 2010
Just had record 3rd quarter revenues of $13 million up from $9 million last year. Introducing a lot of new products. $8 million in cash. Looks good but they have to make money.
COMMENT
COMMENT
August 9, 2010
Mostly after market GPS player for farmers. Based on his bullish outlook for agriculture, there will probably be more use for their product. Last couple of quarters they've had to work on lower margin, higher priced products so this is the last quarter that should be impacted. Too a liquid for him and he would rather have a larger player.
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AgJunction Inc (AJX-T)
August 9, 2010
Mostly after market GPS player for farmers. Based on his bullish outlook for agriculture, there will probably be more use for their product. Last couple of quarters they've had to work on lower margin, higher priced products so this is the last quarter that should be impacted. Too a liquid for him and he would rather have a larger player.
HOLD
HOLD
May 13, 2010
Recent quarterly results were not very good. Built up quite a bit of inventory and hopefully they will be able to sell it. Very clean balance sheet.
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Recent quarterly results were not very good. Built up quite a bit of inventory and hopefully they will be able to sell it. Very clean balance sheet.
BUY
BUY
April 5, 2010
Bought in December. They had had a brutal quarter. Good turnaround candidate. They have to get the revenues up to do it. Will take a little while to turn.
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Bought in December. They had had a brutal quarter. Good turnaround candidate. They have to get the revenues up to do it. Will take a little while to turn.
DON'T BUY
DON'T BUY
March 3, 2010
This company is tied to agriculture and is quite sympathetic to grain prices. They have been strong over the last couple of years but then came off sharply in January and this stock came off in sympathy to that. This stock is more likely to get a boost from the ‘January Effect’ after which it eases off. He thinks it will take a while. It is a niche-oriented company. There was a lot of hype and then the trough of disillusionment. It’ll take a while.
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This company is tied to agriculture and is quite sympathetic to grain prices. They have been strong over the last couple of years but then came off sharply in January and this stock came off in sympathy to that. This stock is more likely to get a boost from the ‘January Effect’ after which it eases off. He thinks it will take a while. It is a niche-oriented company. There was a lot of hype and then the trough of disillusionment. It’ll take a while.
BUY
BUY
February 9, 2010
They have a lot of inventory on the shelves. It may not age very well, but he doesn’t think it will be a problem. They are at a 10 year low. They are in a key sector. They have a good track record. They have to turn themselves around relatively quickly (2-3 years)and he thinks they have a chance of doing it.
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AgJunction Inc (AJX-T)
February 9, 2010
They have a lot of inventory on the shelves. It may not age very well, but he doesn’t think it will be a problem. They are at a 10 year low. They are in a key sector. They have a good track record. They have to turn themselves around relatively quickly (2-3 years)and he thinks they have a chance of doing it.
PAST TOP PICK
PAST TOP PICK
January 26, 2009
(A Top Pick Nov 7/07. Down 54.8%.) GPS devices for tractors. Sold holdings in 2008. Some concerns as to whether farmers would have enough cash.
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AgJunction Inc (AJX-T)
January 26, 2009
(A Top Pick Nov 7/07. Down 54.8%.) GPS devices for tractors. Sold holdings in 2008. Some concerns as to whether farmers would have enough cash.
HOLD
HOLD
December 31, 2008
Navigation equipment for farmers. Very fine company and thinks there is good hope for it. Interesting long-term hold.
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AgJunction Inc (AJX-T)
December 31, 2008
Navigation equipment for farmers. Very fine company and thinks there is good hope for it. Interesting long-term hold.
BUY
BUY
September 25, 2008
GPS products for tractors etc. Fair bit of insider buying lately. Fallen back substantially along with the market. Outlook for their end products is quite strong. You may need patience.
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AgJunction Inc (AJX-T)
September 25, 2008
GPS products for tractors etc. Fair bit of insider buying lately. Fallen back substantially along with the market. Outlook for their end products is quite strong. You may need patience.
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