10/17/2012

Insider Purchases 10/17/12: SMIT, UWN, DRAD,CKEC


CKEC: CEO purchased 440 shares for 5,388 or average price of $12.24 per share. 52 week change was 101%, EV/EBITDA = 5.12, EV/Rev = .88, YOY Qtrly revenue YOY change = 3.70%, Market Cap = 223.44M, EV 459.29M

DRAD: 10% owner purchased 4,560 shares for 9,616 or 2.11 per share, Industry = Medical Appliances & Equipment, 52 week change = -4.05%,Market Cap = 40.18M, EV = 12.66M

SMIT:  CEO purchased 10,000 shares for 32,000 for an average price of 3.20. 52 week change = -21%, Market Cap = 9.24M,EV = 6.17M, EV/Rev = =.42, Insider ownership = 38.23%, YOY revenue increase = 6%,

UWN: 10% owner purchased 5,000 shares for 4,150 or avg price of .83, Market Cap = 13.09M, EV = 23.22M,EV/Rev = .40, EV/EBITDA = 6.70

Comments:

SMIT is tiny with 6.17 enterprise value, but they also have 9.6M in current assets along with 3 company owned building in Portland Oregon: trading at 52 week low with increasing sales on lower margins.

DRAD continues to see strong insider buying  with a small 12.66 enterprise value.

UWN  recently announced cost savings and trades near 52 week low. Recent quarterly results were profitable but recent resignation of the CEO has spooked many investors off this tiny 13 million casino company. They also own 268 acres of undeveloped land in the vicinity of Black Hawk, Colorado. In November of 2004, the Central City Business Improvement District completed the construction of a new 8.4-mile four-lane road connecting Interstate 70 to Central City, Colorado