STOCKCHASE

(A Top Pick March 17/11. Down 35.25%.) Provides GPS to the agriculture sector. As this sector fell off, the sentiment declined. Stock is now starting to rebound. Would be a buyer here.

2012-01-27

PAST TOP PICK

0.670

(Top Pick Mar 17/11, Down 22.35%) Fundamentals changed so he got out. He had believed the AG cycle would last longer than it did.

2011-12-29

PAST TOP PICK

0.650

(Top Pick Nov 11/10, Down 37%) Over promised and under delivered. In fall numbers looked better, but they continue to loose money. Likes the space and he bought back in.

2011-12-06

TOP PICK

0.640

(A Top Pick Nov 11/10. Down 25.6%.) Bought at $.72 and sold at $1.19. Then bought it back. They were overpromising and under delivering. Just reported best 3rd quarter revenues ever but they continue to lose money. Wants to see them have black ink for an extended period of time. Tremendous potential.

2011-11-03

DON'T BUY

0.650

In the spring he had thought that the agriculture sector would have been stronger for longer. He has exited the bulk of his position. Incredibly cheap, but wouldn't buy for this reason.

2011-10-20

PAST TOP PICK

0.640

(A Top Pick Nov 11/10. Down 38.61%.) Sold his holdings when they came out with horrendous numbers in March. Numbers seemed to turn quite a bit so he bought back in at $0.66. Volume today doubled and he assumes a big block traded hands. His target is $3.

2011-10-04

BUY

0.830

Recent quarter was strong but probably wasn't as strong as he would've liked. He is bullish on agriculture. Have a lot of growth overseas in Australia and Asian markets. Expect demand for their products will increase.

2011-08-30

WAIT

1.070

Insider Buying: He does look for insider buying and looks to see that management owns a fair piece of the company and if they are still buying it is a double boost. He does not like seeing a lot of options for management. In his partner’s portfolio but he would want to wait a bit. He wants to see it cheaper before he buys in.

2011-07-15

Comment

1.150

Jeff Parent B. Eng. FCSI

Interesting chart in that every time it drops down, it holds at about $1. People are waiting for some new developments. It looks pretty good. There is a bit of a wedge forming so when it breaks out, he would be looking for $2. Treat the $1 as an exit point.

2011-07-04

BUY

1.070

One of the larger positions in his funds. Likes agriculture. A market leader in their GPS equipment. Have some fantastic agreements here, Europe and Australia. Thanks the earning power is greater than in the past agricultural cycle.

2011-06-27

WATCH

1.190

Make GPS systems for tractors to make sure seed rows are super accurate as well as good tilling and fertilizing. Now moving towards OEM in China as well as after market in N.A. Expected to earn $0.04 in 2011 and $0.12 in 2012. Historically has had difficulty getting traction. Thinks this company will benefit from strong prices in agriculture.

2011-05-31

TOP PICK

1.190

GPS for agriculture. Very cheap. 40% revenue growth last quarter. Significant earnings growth. Thinks it can get to $2.50-$3.

2011-05-26

Comment

1.360

Bought towards the end of 2009. Thought it had tremendous potential, and it still could. Most recent results showed record revenues but also had a loss of about $3.8 million. Management has over promised and under delivered many time is the past so he sold his holdings. If they can do what they promised in the next 6 months, it should go up. His target price was $3.24.

2011-04-25

TOP PICK

1.240

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.

2011-04-21

TOP PICK

1.390

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.

2011-03-17

WAIT

1.110

Prakash Hariharan

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.

2011-03-09

BUY

1.400

Jim Huang

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.

2011-02-24

STRONG BUY

1.350

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.

2011-01-31

BUY

1.030

Sell GPS devices for farm machinery. We are currently in a very strong agricultural cycle

2010-12-21

TOP PICK

1.010

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.

2010-11-11

Comment

0.740

Jim Huang

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.

2010-08-09

HOLD

0.770

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.

2010-05-13

BUY

0.870

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.

2010-04-05

DON'T BUY

0.870

Ben Stadelmann

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.

2010-03-03

BUY

0.950

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.

2010-02-09

PAST TOP PICK

1.410

(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.

2009-01-26

HOLD

1.400

Michael Smedley

Navigation equipment for farmers. Very fine company and thinks there is good hope for it. Interesting long-term hold.

2008-12-31

BUY

2.770

Robert Floyd

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.

2008-09-25

TOP PICK

4.220

Michael Smedley

Agriculture precision planting by GPS. Globally oriented.

2008-07-08

Comment

4.600

Duncan Stewart

They use differential GPS that tells a farmer exactly where to put the grain and the kind of fertilizer to be used.

2008-06-03

BUY

4.640

Robert Floyd

Small company in Aqriculture sector (GPS for tractors). Up 66% 12-18 months of good growth left

2008-05-30

TOP PICK

3.710

Steve Martin

Manufactures precision GPS equipment for the agricultural and Marine segments. 85% of their revenue comes of agriculture. Product saves farmers money and time. Also becomes more attractive as a farmer's land-base expands. Expect a great quarter reported in the next week so this is a short-term buying opportunity and a long-term hold.

2008-04-18

BUY

3.560

Product that helps farmers make decisions on laying down fertilizer and seed. Benefiting from farmers having a lot of cash. Ranks 18 out of 650 in his model. Expecting long legs to the agricultural cycle.

2008-02-20

TOP PICK

3.100

Agricultural play. GPS from Satellite allows you to drive a tractor much more accurately. Can also do custom fertilizing.

2007-11-07

BUY on WEAKNESS

3.120