Jlhy - J.l. Halsey (otcbb)

[Evil-Eye]

This is in an uptrend.

J. L. Halsey Corporation (Halsey), through its wholly owned subsidiaries, is a marketing technology and services company. The Company's wholly owned subsidiaries include Lyris Technologies, Inc. (Lyris), Uptilt, Inc. (doing business as EmailLabs), ClickTracks, Inc. (ClickTracks) and Hot Banana Software Inc. (Hot Banana). Lyris and EmailLabs develop and sell email marketing technology and solutions. ClickTracks develops and sells Web analytics technology and solutions. Hot Banana develops and sells Web content management solutions for marketers. The Company's primary customers include people engaged in online marketing at small and medium-sized organizations or subsidiaries of large enterprises. The Company offers its e-mail solutions in two forms: as software that is downloaded and installed on a customer's computers, and as a hosted solution, in which the customer uses its software through an Internet connection. In August 2006, Halsey acquired ClickTracks and Hot Banana.


Shareholder Equity
Shares Outstanding 96.3 M
Institutional Ownership 2.98%
Number of Floating Shares 52.8 M
Short Interest as % of Float --

December 12, 2006
Web analytics platforms [i.e. Omniture (OMTR), WebTrends, Fireclick and Google (GOOG) Analytics] have quickly morphed into sophisticated marketing measurement packages that help marketers track campaign ROI [return on investment] and monitor KPIs [key performance indicators] across multiple Web and [in fact] off-line marketing channels. Such solutions are now poised to take market share from popular “single channel action trackers” like Linkshare, Doubleclick’s Performics and Valueclick’s (VCLK) Commission Junction - even free-standing email campaign management packages. The small to medium enterprise sector is everyone’s growth market [looking forward] so look for things to really heat up on the M&A front.
The future clearly belongs to companies like J.L. Halsey (JLHY) who are moving in the direction of a single package offering [CRM email, Web and marketing metrics, content management, search metrics, etc]. I’ll bet a nickel Jeff Pullen of Q4Digital understands this opportunity...
Jeff Molander
http://seekingalpha.com/article/22221-small-to-medium-enterprises-the-growth-market-for-web-advertising

About Us
J.L. Halsey (OTCBB:JLHY) is a leading eMarketing company that provides technology solutions for marketers at mid-size businesses. Halsey has more than 10,000 clients. Its wholly owned subsidiaries- Lyris Technologies, EmailLabs, ClickTracks and Hot Banana - provide a suite of best-of-breed tools for managing email marketing campaigns end-to-end, publishing and managing Web site content, creating landing pages, and optimizing sites based on sophisticated, yet easy-to-use Web analytics. Clients include Nokia, Adobe, PalmSource, Johns Hopkins University and Jupitermedia.

Ownership Summary
Top Holders
Shares Held % O/S Share Change Filing Date
Ldn Stuyvie Partnership 31,662,752 32.9 0 07/31/07
Burt (David R) 8,010,000 8.3 0 07/31/07
Comfort (William T III) 4,170,000 4.3 0 07/31/07
Baldwin Brothers Inc. 2,772,985 2.9 29,300 06/30/07
Blair (Andrew Richard) 985,000 1.0 489,700 07/31/07
Rivera (Luis A) 170,000 0.2 0 07/31/07
Cuadra (Nicolas De Santis) 120,968 0.1 0 07/31/07
Biro (Peter) 110,000 0.1 10,000 07/31/07
Kentucky Retirement Systems 86,500 0.1 0 06/30/06
Parsons Capital Management Inc. 81,696 0.1 0 06/30/07


Ownership data based on most recent publicly available data according to Thomson Financial.

http://phx.corporate-ir.net/phoenix.zhtml?c=68528&p=irol-ownershipsummary

[Klipper22]

Nice post, Evil

[Evil-Eye]

Thanks

Q4 2007 JL Halsey Corp Earnings Conference Call (Live)
09/26/07 at 11:00 a.m. ET

http://phx.corporate-ir.net/phoenix.zhtml?c=68528&p=irol-irhome

The chatter I hear is this company should do well in the campaigns coming up.

Here is what they did for Howard Dean.

http://www.lyris.com/resources/casestudies/casestudy_dean.html

[Evil-Eye]

A couple of other interesting facts.

The predecessor company was Nova Care and they are benefiting from a loss carry forward.

NovaCare sold its name as part of the sale of the PROH business and subsequently changed its name to NAHC, Inc. On June 18, 2002, in a transaction approved by NAHC’s stockholders at a special meeting, NAHC merged with and into Halsey, its wholly-owned subsidiary. The purpose of the merger between NAHC and Halsey was to implement transfer restrictions on the Company’s common stock in order to preserve the Company’s federal income tax net operating losses.
For the three months ended March 31, 2007, the Company recorded a $73,000 gain on disposal of discontinued operations, net of taxes, relating to adjustments to the $374.1 million loss on disposal of discontinued operations that was originally recorded in fiscal year 2000. The adjustments consist primarily of a gain of $24,000 resulting from the collection of accounts receivable that were previously written off by the Company and a gain of $49,000 resulting from reductions of expense accruals to adjust other liabilities remaining from discontinued operations. The reductions in expense accruals include amounts for litigation related costs and legacy insurance expenses.

For the nine months ended March 31, 2007, the Company recorded a $560,000 gain on disposal of discontinued operations, net of taxes, relating to adjustments to the $374.1 million loss on disposal of discontinued operations that was originally recorded in fiscal year 2000. The adjustments consist primarily of a gain of $247,000 resulting from a tax refund, a gain of $64,000 resulting from the collection of accounts receivable and cost report settlements that was previously written off by the Company and a gain of $249,000 resulting from reductions of expense accruals to adjust other liabilities remaining from discontinued operations. The reductions in expense accruals include amounts for litigation related costs and legacy insurance expenses.

For the three months ended March 31, 2006, the Company recorded a $108,000 gain on disposal of discontinued operations, net of taxes, relating to adjustments to the $374.1 million loss on disposal of discontinued operations which was originally recorded in fiscal year 2000. The adjustments consist primarily of a gain of $24,000 resulting from the collection of accounts receivable that were previously written off by the Company and a gain of $84,000 resulting from reductions of expense accruals to adjust other liabilities remaining from discontinued operations. These reductions in expense accruals include amounts for litigation related costs and legacy insurance expenses.

For the nine months ended March 31, 2006, the Company recorded a $448,000 gain on disposal of discontinued operations, net of taxes, relating to adjustments to the $374.1 million loss on disposal of discontinued operations which was originally recorded in fiscal year 2000. The adjustments consist primarily of a gain of $53,000 resulting from a refund from a state insurance guarantee fund , a gain of $31,000 resulting from the collection of accounts receivable that were previously written off by the Company and a gain of $364,000 resulting from reductions of expense accruals to adjust other liabilities remaining from discontinued operations. These reductions in expense accruals include amounts for litigation related costs and legacy insurance expenses.

http://sec.gov/Archives/edgar/data/1166220/000110465907071115/a07-24448_310qa.htm


Its "Hot Banana" sub is a Canadian Company and is paid in Canadian dollars which have been benefiting from the weak dollar.

[Evil-Eye]

J.L. Halsey Reports 41 Percent Increase in Fourth Quarter Revenues
Wednesday September 26, 8:30 am ET

excerpt:

Revenues for all of fiscal 2007 were $39.0 million, a 60 percent increase over revenues of $24.4 million in fiscal 2006. For fiscal 2007, J.L. Halsey reported net income on a GAAP basis of $351,000, or $0.00 per diluted share, versus a net income of $2.6 million, or $0.03 per diluted share, in the same period a year ago. Net income on a non-GAAP basis for fiscal 2007 was $3.4 million, or $0.04 per diluted share, versus non-GAAP net income of $5.1 million, or $0.06 per diluted share, in fiscal 2006. Non-GAAP net income excludes amortization of intangibles of $4.0 million and $2.6 million in fiscal 2007 and 2006, respectively. In addition, non-GAAP net income excludes stock-based compensation expense of $694,000 and $343,000, and gains on discontinued operations of $1.7 million and $407,000 in fiscal 2007 and 2006, respectively.

http://biz.yahoo.com/bw/070926/20070926005318.html?.v=1

[Evil-Eye]

Up 13% on a friday. Maybe I should have sold. :eek: