Profiles
Good Morning Traders,
We have something very exciting to kick off 2011. You will usually see us profiling gold, silver, oil, green energy companies etc. We have found a company that is not in any of those sectors but has a very attractive story.
Let’s put IDEH (International Development and Environmental Holdings) on our trading screens right away.
IDEH is currently sitting at .043. IDEH gained some momentum yesterday and closed the day up 24% on 3 times the average volume. Most of the interest in IDEH came in towards the end of the day. Traders are obviously looking to hold this one for tomorrow’s trading day. Even though IDEH has not been trading long, the chart is showing a possible reversal to the .11 level, where it was sitting in early December.
Last month when IDEH rallied to all time highs, it was driven by the news of back to back acquisitions:
The first announcement stated that IDEH has entered into a Letter of Intent to acquire a Budget truck rental dealership Budget truck leasing dealership. This is a $16.5 billion industry. http://finance.yahoo.com/news/International-Development-bw-1766410492.html?x=0
The second news release announced the letter of intent to purchase 5 Manhattan based parking garage, which are expected to generate revenues of approximately $3 Million in 2011. http://finance.yahoo.com/news/International-Development-bw-2181835343.html?x=0
IDEH has a business model that is focused on conducting business in the following areas:
Expanded Ancillary Services –Adding services that complement parking, such as shuttle services, meter collection, valet parking, and auto servicing, can help parking facility managers deepen client relationships. Offering additional services increases revenue and profit per location and enhances the value for clients. Enhanced value improves client retention rates and can help win new contracts.
Outsourcing by Property Owners – Historically, many property owners managed their parking facility internally. As property owners, cities, hospitals, and universities look to streamline internal operations, they outsource parking management to increase profitability and efficiency. Outsourcing creates opportunities for parking companies to expand operations and move into ancillary services for clients, such as shuttle bus operations and municipal meter collection.
Fully Automated Parking Management Systems – Completely computerized parking garages have been introduced in the US and may become more common. Upon entry, computers identify a car’s size to determine parking location. Cars are then parking in stacked parking cages and automated cranes position the vehicle in an appropriate spot. Complete automation can eliminate the need for parking attendants, increase efficiency and profit margins.
Wireless Parking Services – Some new companies are using the Internet and cell phones to help motorists find parking spaces. After registering on the Internet, consumers call an 800 number and give their destination, are given locations with available spaces, and can then make a reservation. Users pay a registration and per use charge for the service.
IDEH already operates several facilities in prime locations throughout the New York City and are actively working to expand their operations.
IDEH Profile
IDEH is a company specializing in parking management in the New York City Metropolitan area. The Company is exploiting a critical demand for maximizing space while providing premium service in the parking/real estate management sectors. IDEH plans to grow through acquisitions and not depend on organic growth as a sole predictor of profitability. The Company anticipates branching out to synergistic acquisition candidates including, but not limited to, van and truck leasing. Parking is big business in the New York area with approximately 1-1.5 million cars entering the City every day.
The Company envisions present owners understanding the economies of scale that will exist should an acquisition be consummated with IDEH.
Let’s keep a good eye on IDEH today. As always, make sure that you do your own research. You can start here: http://parkmyauto.com/index.html & http://finance.yahoo.com/q?s=IDEH.OB