Day: January 17, 2007

Categories
Stocks

Counting Crocs CROX

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Last Updated on January 17, 2007 by stlplace

This evening when I was in the TaekwonDo class, I counted the number of Crocs in my class. Out of 12 pairs of shoes, there are 3 pairs of Crocs. Seriously, I did a little analysis on the Crocs sales number in year 2005 and 2006. The growth is very impressive, but how long will the trend last?

                   2004         2005            2005 9m 2006 9m        9m growth
Sales $13,500,000 $108,600,000 $70,741,000 $236,162,000 234%
# of pairs 649,000      6,000,000     3,908,343     13,047,624 
$ per pair   $20.80            $18.10        $18.10            $18.10 

Note: for 2006 9m number, they did not say the actual pairs sold, I assume the same unit price as of 2005, and get the unit number by dividing sales by $ per pair.

Categories
Stocks

Wall Street Rates Heelys HLYS

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Last Updated on January 17, 2007 by stlplace

To summerize,

17-Jan-07 CIBC Wrld Mkts Initiated   Sector Perform
17-Jan-07 JP Morgan Initiated   Overweight
17-Jan-07 Bear Stearns Initiated   Outperform
17-Jan-07 Wachovia Initiated   Mkt Perform

The full story is here. I would not take their ratings too seriously (I would like to read their analysis instead). The 60% sales increase in California (No. 6 economy in the world if considered as a country) in 2006 is a good sign. Is California a mature market as the analyst suggested? I don’t know.

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Categories
China Stocks

Mindray MR Pre-announce Fiscal 2006

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Last Updated on January 17, 2007 by stlplace

I summerized its year 2005 and 2006 (low end) number here. I noted that the revenue year over year growth slowed a bit (consider first 9 months growth about 41%). This can be attribute to the continuing “anti-corruption” campaign in China hospitals.

                  2005               2006              YoY

Rev (CNY)  1,078,573,000 1,470,000,000 36.29%
    
Income         205,089,000    360,000,000 75.53%
    
Earning (CNY)           2.40                3.73 55.42%

You can read the news here.

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