Blog Archives

Lakes strikes the deal for Evitts

Evitts resort (property of LACO) received agreement to install 1000 lottery machines at its Evitt resort last week (Revenue agreement clears way for slots license).  What revenu will Lakes generate from thoses? It is still very difficult to estimate assuming Lakes

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Posted in LACO

Lakes Entertainment, Inc. – deep water investing?

Company Lakes Entertainment, Inc. (Lakes) develops, finances and manages casino properties, with an emphasis on those that are Indian-owned. The Company has development and management or financing agreements with three separate tribes for casino operations in Michigan and California for

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Posted in LACO

Jewett Cameron – extraordinary gain!

Just a quick post regard JCTCF 8K from this week. It has been followed by new 8k giving a better explanation regarding the legal case. Here’s the quote. As previously announced in our Form 8-K, dated March 2, 2012, the

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Jewett Cameron wins appeal!

8k got out today. here’s the info: The Oregon Supreme Court has ruled in the case of Greenwood Products and Jewett-Cameron Lumber Corp. (“plaintiffs”) v. Greenwood Forest Products, et al. (“defendants”) that the decision of the Oregon Court of Appeals

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Gencor : bad management or fraud?

Well, in my last post on Gencor Industries refreshing the “net-net” theory, Nate from Oddball Stock, commented regarding his issue with the company fiability and problems with the SEC.  After digging through some blog and the sec letters I decided to

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Posted in GENC

Gencor Industries – Net Net investment

Gencor industries write up on this blog describe the investment thesis still intact. You may find them here: Gencor is for sale.. for free Gencor Industries The thesis must be updated but is is still valid.  Here are the numbers from

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Posted in GENC

Jewett Cameron – major share repurchase on going…

I thought JCTCF was using its cash properly by buying back their shares. I knew they were active in share repurchases but never compiled them as I did today. Quarter Buyback Total shares % of total Q4 2010 79 040

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ADDvantage Adams acquisition review

ADDvantage technologies (AEY) was discussed previously on this site as a very interesting net-net investment. This year they acquired net operating assets of Adams Global Communications and it passed mostly unnoticed (at least on the share price).  On this fiscal

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Posted in AEY

Nova Scotia helps Gencor industries

Yesterday NovaScotia government publicized a new contract for a mobile asphalt plant to Gencor industries. While Gencor contracts usually goes unnoticed, this one is important. This new contract awarded represents new sales of 3.6m dollars for a company with regular

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Posted in GENC

Jewett Cameron – simple business, clear results

Since I started writing articles on this site, some stocks traveled with me along the way. Some came in my “pretorian tent” and stayed in. Some just passed by. Three of the elite stocks that came under my attention and

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Posted in JCTCF
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