SMTX - SMTC Corp.

[fz4fun]

Came across this stock while looking thru info on eTrade today.

SMTC Corp. (SMTX, Trade ) has been recently achieving 52-week highs and currently trades slightly below that level. The share price of SMTX grew by 40% over the past four weeks, which is the highest four-week growth record currently under this Profit Track. In mid-May, the company reported first-quarter results, stating that its quarterly performance reflects continuing solid execution of its growth strategy premised on improving its customers' cost competitiveness by providing high quality manufacturing and outstanding service responsiveness.

Took a look at the charts and they look solid. RSI shows little oversold, MACD has nice upside trend, CCI may be starting to head back towards +100 and the DMI is also showing uptrend continuing.

Is this a fair analysis of this info? I am pretty new to the game and trying to learn by watching and studying.

Any input appreciated

fz4fun

-----------------------

It's only money----but try not to lose it, OK?



Oops-forgot last close pps @ $7.30 +0.21 7/6/07 volume of 478,507

[Klipper22]

Originally Posted by fz4fun

Came across this stock while looking thru info on eTrade today.

SMTC Corp. (SMTX, Trade ) has been recently achieving 52-week highs and currently trades slightly below that level. The share price of SMTX grew by 40% over the past four weeks, which is the highest four-week growth record currently under this Profit Track. In mid-May, the company reported first-quarter results, stating that its quarterly performance reflects continuing solid execution of its growth strategy premised on improving its customers' cost competitiveness by providing high quality manufacturing and outstanding service responsiveness.

Took a look at the charts and they look solid. RSI shows little oversold, MACD has nice upside trend, CCI may be starting to head back towards +100 and the DMI is also showing uptrend continuing.

Is this a fair analysis of this info? I am pretty new to the game and trying to learn by watching and studying.

Any input appreciated

fz4fun

-----------------------

It's only money----but try not to lose it, OK?



Oops-forgot last close pps @ $7.30 +0.21 7/6/07 volume of 478,507

I only looked at the chart, fz and I just wanted to correct your statement on the RSI. It is very much overbought at this point, not a little oversold. You are dead on that this chart is very solid, but I gotta believe that some kind of consolidation is in its near future. Good pick, especially if you've been in for any length of time.

[fz4fun]

Thanks for the correction on the info. Glad to hear that my eyes saw it fairly correctly. I do not have a position on this one at this time-money tied in a handful of other stocks at this time. Put most of my free cash into TDCP and wish I had a little more right now - but anyway, thanks again and I will keep an eye on this one over the next couple weeks.

fz4fun

[elvis]

Monroe Capital Provides $21.5 Million to SMTC Corporation

Sep 10, 2007 06:30:01 (ET)


CHICAGO, Sep 10, 2007 (BUSINESS WIRE) -- Monroe Capital LLC announced the funding of a $21.5 million term loan to SMTC Corporation (SMTX, Trade ). Monroe Capital acted as Sole Arranger and Agent of a term loan credit facility in conjunction with a $40 million senior credit facility from Wachovia Capital Finance. The credit facility is to be used to assist SMTC in refinancing its existing debt and for ongoing working capital purposes.

SMTC Corporation, founded in 1985, is a provider of end-to-end electronics manufacturing services (EMS) including PCBA production, systems integration and comprehensive testing services, enclosure fabrication, as well as product design, sustaining engineering and supply chain management services. SMTC facilities span a broad footprint in the United States, Canada and Mexico in addition to a manufacturing partnership in China.

Theodore L. Koenig, President and Chief Executive Officer of Monroe Capital, said, "We very much appreciate the ability to assist a quality company with quality management like SMTC in their continued growth. We look forward to being a strong financing partner with this company for years to come."

John Caldwell, President and Chief Executive Officer of SMTC, said, "We are delighted to enter into a long term relationship with Monroe Capital to provide our funding requirements as we continue to grow our business. Monroe Capital was constructive, highly responsive and flexible in addressing our needs and timelines. We look forward to working with Monroe going forward."

Monroe Capital is a specialty finance company providing senior secured and junior secured debt to middle-market companies. Monroe Capital specializes in originating, structuring and providing customized one-stop financings to U.S. and Canadian borrowers. Monroe is committed to being a value-added and user-friendly partner to owners, senior management and transaction sponsors. Investment types include senior and junior secured debt as well as bridge loans, flexible acquisition facilities, mezzanine or last-out second loans that stretch a company's debt capacity, acquisitions of distressed debt, and equity co-investments. Monroe Capital prides itself on its flexible investment approach and its ability to close and fund transactions quickly. To learn more about Monroe Capital, visit www.monroecap.com .

SOURCE: Monroe Capital LLC


Monroe Capital LLC
Theodore L. Koenig
President and CEO
Phone: (312) 258-8300
Fax: (312) 258-8350

www.monroecap.com

don't know if adding to the companys debt is a good thing, someone can explain this from a buisness stand point please?

[elvis]

NEWS!

maybe this thing will start moving next month!


SMTC Corporation Schedules Third Quarter Results

Oct 31, 2007 16:14:00 (ET)


TORONTO, Oct 31, 2007 /PRNewswire-FirstCall via COMTEX/ -- SMTC Corporation (SMTX, Trade ), a global electronics manufacturing services (EMS) provider, has scheduled its third quarter results teleconference.

The teleconference will be held on November 12 at 5:00 PM EST. Those wishing to listen to the teleconference should access the webcast at the investor relations section of SMTC's website www.smtc.com . A rebroadcast of the webcast will be available on SMTC's website following the teleconference.

Participants should ensure that they have a current version of Microsoft Windows Media Player before accessing the webcast.

Members of the investment community wishing to ask questions during the teleconference may access the teleconference by dialing 416-644-3419 or 1-800-731-5319 ten minutes prior to the scheduled start time. A rebroadcast will be available following the teleconference by dialing 416-640-1917 or 1-877-289-8525, pass code 21252423 followed by the pound key.

[elvis]

it sure did move, down :<

they got rocked this week.

anyone holding shares here?

[BadThad]

I'm not holding, but I'm looking at a bottom play for this...the chart is shaping up. They are severly beaten down! ....me likey. ;)

[elvis]

this down market, recession rumors, slow econmic growth is killing this stock imo..

so many great buys, this being one of them.

no idea why the stock is down so much, the third quarter results didn't seem too bad. fourth quarter results might be better but not like last year.

"For the fourth quarter, we expect to substantially increase sequential revenue, although we are unlikely to attain the record level in the fourth quarter of 2006. We also expect to return to satisfactory margin and profitability levels", stated John Caldwell.

man i hope he's right soon, i'm waiting forever now for anything good to happen with this "investment". i emailed Jane Todd
Senior Vice President Finance, Chief Financial Officer

maybe i'll get a response of something uplifting in the near future. i'll post here.

also, there has been some sec filings this year, but i don't quite understand them..

http://sec.gov/cgi-bin/browse-edgar?...clude&count=40

checked the insider transactions of last year, lots of selling going on

[elvis]

what's goin on why going up?

seen it around 1.10's a week ago, opened today at 1.70's, huge increase in the last hour i think, hod 2.90! go for 4 dollars! =D

broke the 200 day..

[greencat]

SMTX screaming that is going to make a move up. However, one would have to be careful of a double top. Watch for the breakout.

SMTX Chart