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AMOT -- Allied Motion Technologies - Page 2

post #21 of 64
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3Q 2006 Results

Here are 3rd Quarter results which I neglected to post.

Allied Motion Third Quarter Results
Sales up 13% - Net Income up 61%

DENVER--(BUSINESS WIRE)--Nov. 3, 2006--Allied Motion Technologies Inc. (NASDAQ: AMOT) today announced it achieved a 61% increase in net income and a 13% increase in sales for its third quarter ended September 30, 2006 over the same period last year. Allied achieved net income for the third quarter of $617,000 or $.09 per diluted share compared to $383,000 or $.06 per diluted share for the same period last year. Revenues for the quarter ended September 30, 2006 were $20,308,000 compared to $18,043,000 last year. Backlog at September 30, 2006 was $25,177,000, over an 8% increase from September 30, 2005.

During the nine months ended September 30, 2006, the Company achieved net income of $1,543,000 or $.22 per diluted share compared to net income of $919,000 or $.13 per diluted share for the same nine months last year. Revenues for the nine months this year increased 15% to $63,662,000 compared to $55,411,000 for the same period last year.

"We are quite pleased with the improvement in sales and profits we have achieved during the first nine months of this year," commented Dick Smith, CEO of Allied Motion. "We continue to achieve significant improvement in sales and margins from our industrial market solutions business and are encouraged by the cost improvements we are realizing on some of our commercial motion products being produced in China. Our year-to-date performance reflects the continued execution of our strategy which continues to build the foundation necessary to achieve our long-term goals for growth in sales and profitability, as well as to facilitate our continued expansion into the motion control industry."

Dick Warzala, President of Allied Motion, added, "Our operations once again provided sales and earnings growth reflecting our focus on continuous operating improvements including new customer development, new product development, AST (Allied Systematic Tools) implementation and LCR (Low Cost Region) ramp up. The sales increase is a result of organic growth in our markets and the emphasis we place on executing our growth strategy through the implementation of the supporting critical issues to leverage our sales force and develop several new products that meet the current and emerging needs of our served market segments. While our LCR operation in China generates cost improvements and supports the needs of our customers with expansion plans in the region, the continuous improvement in our domestic operations through the implementation of AST and the emphasis on improving our areas of excellence, allows us to meet application specific requirements through design and manufacture of engineered product solutions that meet the exact needs of our customers."

Headquartered in Denver, Colorado, Allied Motion designs, manufactures and sells motion control products into applications that serve many industry sectors. Allied Motion is a leading supplier of precision and specialty motion control components and systems to a broad spectrum of customers throughout the world.
post #22 of 64
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10-Day Hourly

post #23 of 64
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Breakout Alert! New 52-week highs on a surge in Volume. Boom baby!
post #24 of 64
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AMOT -- Investor's Business Daily page B4

Good to see us listed yet again in new highs in today's (Tues. 01/30/2007) Investor's Business Daily page B4. Most stocks on the new highs list tend to go higher, and AMOT stacks up pretty good.

Only Three in the Machinery Category

Name Symbol New High
Closing Price EPS


Allied Motion AMOT 7.15 93

CecoEnv CECE 13.92 75

Percptrn PRCP 9.96 42

Allied highest of the three in pecent increase in trading volume.
Allied has highest Earning Per Share rating (EPS 93) of the three.
post #25 of 64
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Bounced off 50-day MA again so up trend once again is confirmed. I predict next week takes us back up through 7 dollars and into new highs. I can't wait to see what 4th quarter earnings will be when they are reported. I have a strong hunch they will be up big percentage wise from 4th quarter 2005. This should keep us moving toward $10. Once we reach ten dollars, if we are able to hold up there for a month or so, I predict this stock will base and then take off again from there. Right now the stock trades at P/E 30. If all goes as I expect we will see this trading up at approximately P/E 100. Anyone agree? Disagree?
post #26 of 64
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Q4 & YE 2006 Allied Motion Technologies Inc. Earnings Conference Call

Q4 & YE 2006 Allied Motion Technologies Inc. Earnings Conference Call
DENVER--(BUSINESS WIRE)--Feb. 5, 2007--Allied Motion Technologies Inc. (NASDAQ: AMOT) today announced that a conference call is scheduled for Wednesday, February 28, 2007, at 9:00 a.m. Mountain Time (11:00 a.m. Eastern Time) to discuss the financial results for the quarter and year ended December 31, 2006. The call will include a presentation by Richard Smith, CEO and Richard Warzala, President and COO, followed by a question and answer period.

Date Wednesday, February 28, 2007
Time 9:00 a.m. Mountain Time / 11:00 a.m. Eastern Time
Dial 866-800-8649 International 617-614-2703
Passcode 16305785 Allied Motion Technologies Inc.
Replay Until March 7, 2007 Passcode 29361024
888-286-8010 International 617-801-6888
Internet www.alliedmotion.com

This call is being webcast by CCBN and can be accessed at Allied Motion's web site at www.alliedmotion.com by clicking on the conference call icon. It may be necessary for first time visitors to go to the site prior to the scheduled call to download and install any necessary audio software.

During the question and answer period, priority will be given to addressing questions submitted in advance. Participants may submit questions via email to corpinfo@alliedmotion.com, by fax to Investor Relations at 303-799-8521 or by calling Investor Relations at 303-799-8520. Instructions for asking questions during the call will be given at the beginning of the question period.
post #27 of 64
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With a gap up this morning, this stock is technically confirmed as a buy.
post #28 of 64
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Closed $6.99, up 0.21 (+3.10%). Stock is up 15% over the last three months.
post #29 of 64
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Looks like this one is forming a base here. There may be some excellent buying opportunities tomorrow.
post #30 of 64
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Another great day.

Closed up 51 cents +8.21%! Another great day for the buyers.
post #31 of 64
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Flag pattern -- stock is a confirmed buy. Earnings release will preceed Feb 28 conference call. Please compare last quarter 2005 earnings and extrapolate from three prior and subsequent quarters the range of earnings likely to be reported for 4th quarter 2006. You will see that a large earnings jump percentage-wize is nearly a given. No analysts cover this stock so the information regarding percentage gains to be reported is not widely known. Do your own research.
post #32 of 64
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Next trading day: closed up 33 cents (+4.93%).
post #33 of 64
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This baby is on the move again! Heavy volume and looks like a strong close. SOMEONE is buying.
post #34 of 64
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Up again today. Clearly on a run. Predict this will close above prior 52 week high. If it does then it appears in IBD newspaper again.
post #35 of 64
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Closed today tied at the prior 52-week closing high $7.15 UP 0.25 (+3.62%).
post #36 of 64
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Monday IBD Front Page Big Picture Column

AMOT has become volatile and is running up to earnings on Wednesday, February 28. For that reason only, I say that buyers should stay away from this stock Monday and Tuesday. I suspect other will also and so the stock may show some temporary weakness. And remember, it may take a few days or even more after earnings are realsed for the stock to settle down into a new base. Only then can we judge the effect of those earnings in order to be able to subjectively judge the new inherent value of the stock.

Anyone want to discuss the Big Picture column? My take with apologies to its author, Jonah Keri.

The S&P lost .3% for the week, the Dow lost .9%. Both the ideaxes closed out the week with three down days.

A contained pullback with no major sign of distribution -- healthy consolidation in an uptrending market.

Meanwhile the NASDAQ rose .8% for the week and had four up days in a row then a mild pullback Friday. The small-cap S&P 600 advanced 1%. The IBD 100 was up .9% for the week.

Personally, and this is only my own conclusion, and not that of the author, I think we are seeing the beginning of the tech rally many of us have been hoping for. Many good small tech companies with decent earnings are presently undervalued.
post #37 of 64
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New 52-Week Highs

AMOT stock just now blew through 52-week highs on heavy volume.
post #38 of 64
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Allied Motion Reports 2006 Year End Results
11:18a ET February 26, 2007 (Business Wire)
Allied Motion Technologies Inc. (NASDAQ: AMOT) today announced it achieved a 109% increase in net income and a 11% increase in sales this year over last year. For the year ended December 31, 2006, Allied achieved net income of $1,931,000 or $.28 per diluted share compared to $923,000 or $.13 per diluted share for the year ended December 31, 2005. Revenues for this year were $82,768,000 compared to $74,302,000 last year. Backlog at December 31, 2006 was $28,234,000, over a 12% increase from the end of last year.

During the fourth quarter of 2006, the Company achieved net income of $388,000 or $.06 per diluted share compared to $4,000 or $.00 per diluted share for the same period last year. Revenues for the quarter ended December 31, 2006 were $19,106,000 compared to $18,891,000 last year.

"We are quite pleased with the improvement in sales and profits we achieved during 2006," commented Dick Smith, CEO of Allied Motion. "The improvement we achieved was the result of both an increase in sales, which was driven by a significant improvement in sales from our industrial market solutions business resulting from the strengthening of some of our markets as well as obtaining new customers and new applications with existing customers, and from the continuous improvement in operating efficiencies and reduced costs. We realized significant cost improvements from our commercial motion products produced during the year in China. This low cost region (LCR) production capability not only provides us with the ability to reduce our product costs but also provides us the opportunity to supply product to some of our customers who are starting to produce product in China. Our financial performance reflects the continued execution of our strategy which continues to build the foundation necessary to achieve our long-term goals for growth in sales and profitability, as well as to facilitate our continued expansion into the motion control industry."

Dick Warzala, President of Allied Motion, added, "In addition to the improvement in the numbers, our operations made considerable progress in new product development as evidenced by a number of new products beginning to reach the market and in customer development as existing and new opportunities continue to remain strong. Quality system improvements, development of our sales team, LCR development and AST (Allied Systematic Tools) implementation remain a focus within our operations and are keys to our continued success in the future."

_______________
Stock had a pop and now it is settling in. Dan
post #39 of 64
Thread Starter 
Allied Motion Achieves Record Profit for the Quarter Ended March 31, 2007
8:30a ET May 8, 2007 (Business Wire)
Allied Motion Technologies Inc. (NASDAQ: AMOT) today announced it achieved net income for the quarter ended March 31, 2007 of $715,000 or $.10 per diluted share compared to net income of $348,000 or $.05 per diluted share for the same quarter last year, a 105% increase. Revenues for the quarter increased 4% to $21,986,000 compared to $21,199,000 last year. Backlog at March 31, 2007 was $28,285,000.

"The profit achieved this quarter is the highest quarterly profit we have achieved since the Company was restructured in July 2002," commented Dick Smith, CEO of Allied Motion. "In addition, revenues are the second highest quarterly total since the restructuring. The 4% increase in revenues achieved this quarter reflects a decrease of approximately $1.5 million in revenues from two customers that were generating little or no gross profit. Excluding the revenues from these two customers, revenues for the balance of the business increased 12% over last year. We continue to execute our strategy and are realizing growth in sales and improved profit margins. Margins this quarter improved to 24% this year from 22% last year. We continue to execute our strategy that is building the foundation necessary to achieve our long-term goals for growth in sales and profitability, as well as to facilitate our continued expansion into the motion control industry."

Dick Warzala, President of Allied Motion, added, "Consistent with our strategy, our operations remain focused on supporting our customers through continuous improvements in Quality, Delivery, Innovation and Cost. Allied Systematic Tools (AST) implementation, Low Cost Region (LCR) ramp up, Innovative New Product Development and our Six Sigma initiatives are the key elements of the continuous improvement initiatives within our company. It is truly exciting to witness the continuously expanding commitment of the 'Allied Team' to utilize AST and fully engage to ensure we provide our customers with 'Motion Solutions That Raise The Bar.'"
post #40 of 64
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Sorry about being late with that last post. Sometimes I forget. This stock has shown the potential to explode upward at times. Check back two years to see what I mean.

This stock is still up 20% over last year. It has been basing here at six dollars for some time. Positive news has not moved the stock which more or less broke on the announcement of record annual earnings unfortunately timed with the Feb correction.

The problem with this company has been a decline in quarter over quarter top line growth, while increaseed efficiencies have improved margains and the bottom line. I have been watching this stock for a couple of years now. It could see a break out any time, probably on no news. An increase in top line earnings will reestablish the growth curve and in no time we will see we will see the share price 9 then 10 dollars.

I am back in this at $6.17. I am recommending buying this stock anywhere from $5.85 to $6.35.
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