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Ksw (MM)

Ksw (MM) (KSW)

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KSW Discussion

View Posts
Drmicrocap Drmicrocap 11 years ago
http://finance.yahoo.com/news/ksw-inc-acquired-related-companies-212105150.html
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Anticipating Anticipating 12 years ago
Why the jump in price today?
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Penny Roger$ Penny Roger$ 12 years ago
~ Monday! $KSW ~ Earnings posted, pending or coming soon! In Charts and Links Below!

~ $KSW ~ Earnings expected on Monday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=KSW&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=KSW&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=KSW
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=KSW#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=KSW+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=KSW
Finviz: http://finviz.com/quote.ashx?t=KSW
~ BusyStock: http://busystock.com/i.php?s=KSW&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=KSW >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.
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someconcerns someconcerns 13 years ago
Dave,
Thank you for that post.
Steve
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DaveinHackensack DaveinHackensack 15 years ago
If anyone here is still following KSW, here are some notes on my conversation with its corporate counsel today: http://thehackensack.blogspot.com/2009/03/ksw-update_27.html
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buhg1b buhg1b 16 years ago
Follow the Money
With the winning bid for the Hudson Rail Yards announced, the author takes a critical look at the flawed selection process.
By Stephen Zacks
Posted March 31, 2008

If architecture critics have any influence or intend to serve as advocates for public policy decisions or the choice of developers on public land, they pretty seriously missed the boat on the project planned for the Hudson Rail Yards, 26-acre section of the 350-acre Hudson Yards development between Penn Station and Hell’s Kitchen. Like most major projects in New York that involve public land, the development strategy was inevitably going to need to minimize the use of public funds through some kind of private investment. Nobody was suggesting that it was wrong for the MTA to leverage the land to offset the huge cost of a subway extension, a prerequisite to creating a new district in the city that has the added benefit of making the Javits convention center suddenly less remote from public transport. And the developers of the site were happy to kick in for the cost of building a platform over the functioning Long Island Railroad train yard—$2 billion by itself—and adding a gigantic park in the middle that would take up half of the site. The problem with West Side rail yard development, according to the critics, was scale. And by scale, they meant tallness.


Ever since Jane Jacobs valiantly fought off Robert Moses’s highway through Washington Square Park, scale has been the bugbear of the high-minded urban critic. It’s a key complaint about the Atlantic Yards development in Brooklyn; the rezoning of the north Brooklyn waterfront to facilitate a promenade and public parks rather than industrial waste and trash collection; and it even figured—improbably—into discussions of the World Trade Center site. When you hear the word scale, reach for your gun, as Mao might have said.


Not every neighborhood has to look like Greenwich Village. In fact, if they tried to put another Greenwich Village on top of the Hudson Yards, we could reasonably expect critics to complain about historical pastiche. They would be right. But more gravely, the underdevelopment of the site, one of the few areas where enormous buildings would have almost no effect on site lines or quality of life in the surrounding neighborhoods, would be absurd land-use planning, and a major lost opportunity for economic growth and new architectural landmarks in the city.


For all the overheated rhetoric surrounding the few high-rises cropping up on the Lower East Side and the Williamsburg waterfront—and even, improbably again, Times Square—New York is growing slowly relative to Beijing, Moscow, Dubai, and countless other cities. We certainly don’t look forward to a time when historic neighborhoods are razed to create skyscraper cities. But investment is a hugely important part of a thriving city, and New Yorkers are fortunate to be able to pick and choose what kind and size of investment we prefer.


In most places, if anyone wanted to drop some billions of dollars into the expansion of the central business district, you could expect a fair amount of excitement and no end of crowing ceremonies on the part of city leaders. Here we had five teams of banks, developers, architects, and other designers fighting for the chance. And in all likelihood—barring an economic catastrophe far greater than hundreds of billions of dollars in stupid and poorly regulated mortgage loans—the winner will eventually double their money by the time all is said and done. (It’s worth recalling that the size of the U.S. economy was nearly $14 trillion last year.)


Despite the sometimes heady presentations of architecture and planning schemes at Cooper Union and in a gallery across from Grand Central, the MTA always made it clear that they would be voting on a development scheme for the site, not an architectural scheme, though there was very little transparency in terms of what the basis for its evaluation would be. None of the teams were permitted to put a dollar figure on the amount of investment they were proposing, at least publicly. Given the historic infiltration of the construction industry, someone should perhaps look into a conspiracy behind its selection of Tishman Speyer’s proposal with Helmut Jahn and Peter Walker, the only criminally bad architectural plan proposed. During the embarrassing initial presentation I noted to myself its fascistic symmetry and grandiosity, which I don’t mean as a slam against the German-born architect so much as a slam on fascistic symmetry and grandiosity. But, again, architecture was never the point, and the clumsy presentation seemed to acknowledge that.


Presumably the MTA was looking for a developer who actually had the financial resources to pony up for the land and build the project, which automatically excluded the anemic proposal by Extell Development and Steven Holl Architects, in any case a completely rhetorical plan lacking in detail and mostly intended as a kind of finger in the eye of large-scale development. Its gray military bastions huddled at the edges would have had the advantage for Holl of not obscuring his view of the Hudson River from his office on 31st Street but hugely undersold the site’s potential in terms of size and signature buildings. Times critic Nicolai Ouroussoff—posing as the social conscience of a profession that likes to flatter itself by pretending to have a conscience—bought into it hook, line, and sinker, as it were, appearing to recoil against the very idea of profit-taking in real estate. One would have to be a slightly nuanced urban critic to begin from the point of view that profits and public interest are not necessarily in opposition—that the use of the market to promote the public good is how pretty much everything worthwhile gets done—and a somewhat more nuanced architecture critic to do more than celebrate this merely rhetorical proposal in contrast to the genuine corporate trash.


For what it’s worth, I was always somewhat a fan of the eclectic proposal by Brookfield Properties with its hit list of contemporary architects, urban designers, and landscape architects, a truly spectacular assortment of inventive practices that included Thomas Phifer, SHoP, Diller Scofidio, SANAA, Field Operations, and Handel Architects, anchored by the skyscraper specialists at SOM, with Buro Happold on board for engineering. It had a thoughtful approach to the integration of the High Line, which extends into the site, in a way that fluidly merged the two districts, with smart planning along the border as a transition to a cultural center by the Japanese wizards at SANAA, and the ingenious landscapes of James Corner and the bolder meat-and-potatoes architecture in the middle. Clearly Brookfield too lacked the financial wherewithal to compete with the big banks, however, dropping out before a decision was announced, reportedly to focus on one of the adjacent sites that will be developed in a separate bid.


But I was also not totally apoplectic about the similarly eclectic but squarely middle-brow plan—mishmash is probably the word—by Kohn Pedersen Fox, Arquitectonica, Robert A.M. Stern, and West 8 for Goldman Sachs and the Related Companies, despite the latter’s history of defacing major public squares with clunky buildings like One Union Square South, the Astor Place condos, and the Time Warner Center. It would have turned the park into an instrument of branding for News Corp, but I don’t have that much of a problem with corporations per se and Rubert Murdoch owns a lot of classic movies that they were planning on showing on a big screen. FxFowle’s project with Pelli Clarke Pelli for Durst Vornado could have reliably been expected to more than fulfill the sustainable building promises made by all bidders—in accordance with the new PlaNYC guidelines— with a workman-like but pretty generic and inoffensive office-park architecture. In any case, all of this is moot, since the bottom line was always the bidding process taking place behind closed doors. Follow the money, as someone supposedly once said. Instead of architecture critics and tastemakers parsing aesthetics, we needed real estate and city room reporters to dig a little. The high-rise haters would have done much better to look for a rat behind the scenes (maybe a hooker scandal among the board members).


But so what if the MTA did in fact choose the developer based on how much they were willing to pay for the land? That’s the purpose of a competitive bidding process, greatly preferable to politicians handing out deals to connected insiders, as the Times noted on its editorial page. How do you quantify the value of a better urban design scheme, more sustainable features, better integration of the High-Line, more inspiring skyscrapers? A hundred twelve million dollars for a skyscraper aiming for LEED Platinum, as the outbid Durst Vornado partnership proposed? Five hundred million for city control of the site, as it offered? How much of a fare hike would New Yorkers be willing to pay for each improvement—in an area that most of us have never set foot and are unlikely ever to go? And how much profit or potential loss is publicly acceptable on an investment of untold billion dollars over the course of maybe 20 years?


Without a more transparent process it’s almost impossible to judge, but the World Trade Center competition suggests that more public involvement is not necessarily the answer. What seems clear is that shadowy agencies like the MTA and Port Authority, originally established to balance the competing interests of various states and cities in the metro region—there are at least five Pataki appointees still on the MTA Board—are ill-equipped to deal with these kinds of projects. I personally would have hoped that the critics, if their opinions mattered, had pushed for more ambition not only in terms of style but also size, something to compete with the gigantic carbon-neutral cities breaking ground in Abu Dhabi and the supertall buildings under construction in Dubai, even if that meant having to come to terms with the shocking prospect of somebody making a profit from real estate in New York.

http://www.metropolismag.com/cda/story.php?artid=3244
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no_pump_no_bash no_pump_no_bash 16 years ago
KSW undervalued on P/E basis.

P/E of comparable competitors:
In January 2008 Trane Inc. (TT) had a ttm P/E of 18.30, Johnson Controls Inc. (JCI) had 17.62 in January while KSW had a ttm P/E of 12.48 , which was 30% lower.
Today TT has 15.84 and JCI has 14.81 while KSW is at 10.03 which is again 35% lower than the average of his two bigger competitors (15.33).
Adding FIX (P/E 16.13) to the mix brings the avg. ttm P/E of the competitors to 15.6, so KSW is by any means valued at least 35% lower than its comparable competitors.

Looking at the most recent numbers,
TT had 34% less revenues and 47% less net income;
FIX had a 28% drop of revenues and 24% less net income;
JCI had 7.4% more revenue and 22% more net income;
KSW had stagnant revenues but 32% more net income than the year before.

None of the competitors has been as successful as KSW increasing the bottom line over the last FY.

Using todays average P/E of comparable competitors, KSW's fair value becomes 15.6 x 0.59 = $9,20
(Fair value last January: $9.72 )
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no_pump_no_bash no_pump_no_bash 16 years ago
Estimating KSW at 40% Below Fair Valuation
http://seekingalpha.com/article/68632-estimating-ksw-at-40-below-fair-valuation?source=d_email#comment-127194

Earlier article:
"The long case for KSW"
http://seekingalpha.com/article/59026-the-long-case-for-ksw-inc
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buhg1b buhg1b 16 years ago
Net income

As a result of all the items above, the Company reported net income of $3,662,000, or $.59 per share-basic and diluted, for the year ended December 31, 2007.

As a result of all the items above, the Company reported net income of $3,108,000, or $.52 per share-basic and $.51 per share-diluted, for the year ended December 31, 2006.

During the fourth quarter of 2006, the Company reversed the allowance for doubtful accounts, which increased net income by approximately $107,000 or $.02 per share-basic and diluted.

Year Ended December 31, 2006 compared to Year Ended December 31, 2005
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buhg1b buhg1b 16 years ago
Revenues

Revenues increased $138,000, or .2%, to $77,266,000 for the year ended December 31, 2007, as compared to $77,128,000 for the year ended December 31, 2006. Revenues for the fourth quarter of 2007 were $18,928,000, a decrease of $663,000, or 3.4%, as compared to $19,591,000 in the fourth quarter of 2006.

During 2007, a number of projects experienced general construction delays in the early stages of construction, which reduced revenues for the year.

At December 31, 2007, the Company had backlog of approximately $111,300,000. Approximately $28,000,000 of the December 31, 2007 backlog is not reasonably expected to be completed in the next fiscal year. New contracts secured by the Company during 2008 will also increase 2008 revenues. The amount of backlog not reasonably expected to be completed in the next fiscal year is subject to various uncertainties and risks. The Company is actively seeking new projects to add to its backlog.

During the year ended December 31, 2007, the Company had earned 46%, 20%, and 13% of revenues, respectively, from its three largest customers. The Company bids on large multi-year contracts, which can account for more than 10% of its contract revenue in any given year.
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buhg1b buhg1b 16 years ago
"A number of projects experienced general construction delays in the early stages of construction, which reduced revenues. While the Company is typically compensated for costs associated with these delays, the effect is to postpone revenue recognition until a later period."

Need to keep an eye on delays, could be a problem.
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buhg1b buhg1b 16 years ago
"For the year ended December 31, 2007, the Company's earnings were affected by increased gross profit earned from projects, reduced selling, general and administrative expenses and increased other income.

The gross profit for 2007 was higher than 2006 as a result of the Company's ability to pick and choose projects and the increased acceptance of the Company's value engineering services in the market place." -Annual Report
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Swick984 Swick984 16 years ago
KSW Reports Record 2007 Profits and Record Backlog

LONG ISLAND CITY, N.Y.--(BUSINESS WIRE)--KSW, Inc. (NASDAQ: KSW - News) today reported preliminary fourth quarter and year end financial results for 2007.

Net income for 2007 was $3,662,000, or $.59 per share (basic and diluted), compared to 2006 net income of $3,108,000, or $.52 per share (basic) and $.51 per share (diluted).

During the fourth quarter of 2007, the Company’s net income was $940,000, or $.15 per share (basic and diluted), compared to $1,098,000, or $.19 per share (basic) and $.18 per share (diluted), for the fourth quarter of 2006.

Revenues in 2007 increased by $138,000, to $77,266,000, as compared to $77,128,000 in 2006. Revenues for the fourth quarter of 2007 were $18,928,000, a decrease of $663,000, as compared to $19,591,000 in the fourth quarter of 2006.

As of March 1, 2008, the Company’s backlog was approximately $134,000,000, which includes only the pre-construction portion of the Mt. Sinai Center for Science and Medicine project. Included in this backlog is a new $14,000,000 contract for a luxury rental project on Manhattan’s West Side, being developed by Glenwood Management, a long-time KSW client.

Chairman of the Board, Floyd Warkol, commented: “We have yet to see evidence that the national housing slowdown has affected construction in New York. Our reputation, value engineering, and trade management services continue to attract developers and construction managers.”

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Swick984 Swick984 16 years ago
KSW - Here is some more info to chew on. I feel that if earnings come in strong for the 4th quarter, it should't take much volume to really get things going. They have been under some strong accumulation by institutions over the past 6 months.

Consider this for a minute:

-as of June 30, 2007, 24 institutions owned shares of KSW totaling 1,678,629 shares.

-as of December 30, 2007, 22 institutions owned shares totaling 2,907,006 share.

Thats an increase of 1,228,377 shares purchased by institutions out of a current share count of 6,244,324 (based on the 9/30 10-Q)

My question is how can institutions purchase that many shares over 6 months and have the share price decline from $7.50 as of June 28, 2007 to $6.50 or so now???

I understand that the CEO Warkol has been selling shares, but thats a measly 105,000 shares over the last 2 quarters. Where are all of those other shares coming from???

Here is a list of some major buyers from June, 30, 2007 to December 30, 2007:

Morgan Stanley Asset Management reported 0 shares on September 30, 2007. On December 31, 2007, they reported 329,769 shares!!!

Moab Capital Partners LLC reported 0 shares on June 30, 2007. On December 31, 2007, they reported 608,965 shares!!!

Renaissance Technologies Corp. reported 83,585 shares on June 30, 2007. On December 31, 2007 they reported 210,875 shares!!!

The list goes on but I'm sure you get the point...

At this point they are trading at a rediculous 3.5x Enterprise Value to EBITDA multiple!!!

Here is what some of their competitors trade at:

FIX - 6.6x
EME - 6.7x

If KSW traded at 6.0x EBITDA, the share price would be $8.92.

$8.92!!!

Sure KSW is smaller, but they are more profitable and have more room to grow given the nice jump in backlog.

Currently, I think they are a prime target for a buyout, plain and simple. With this much cash on the BS, it would take nothing for a P/E firm or a competitor such as EME or FIX to just buy them out. We'll see...

Fourth Q earnings should be coming out soon. Maybe it'll be the spark we need. I've been holding KSW for a long time now (2 years) and it is currently my largest position...

Good luck to all...
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linuspop linuspop 16 years ago
KSW to Trade on the NASDAQ
Monday October 29, 12:00 pm ET


LONG ISLAND CITY, N.Y.--(BUSINESS WIRE)--KSW, Inc. (AMEX: KSW - News) announced today that the NASDAQ Stock Market has approved its common stock for listing on the NASDAQ Global Market. The Company expects to begin trading on the NASDAQ on or about November 12, 2007.

Chairman of the Board, Floyd Warkol, commented: “We expect that our shareholders will benefit from the increased visibility that the NASDAQ offers.”

In accordance with AMEX Rule 18, the Company has notified the American Stock Exchange of its intention to delist from the AMEX.

About KSW

KSW, Inc., through its wholly-owned subsidiary, KSW Mechanical Services, Inc., furnishes and installs heating, ventilating and air conditioning (HVAC) systems and process piping systems for institutional, industrial, commercial, high-rise residential and public works projects. KSW Mechanical Services, Inc. also acts as Trade Manager on larger construction projects, such as the New York Presbyterian Cardiovascular Center.

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linuspop linuspop 16 years ago
KSW continues to get large contracts in NYC
-------------------------------------------


KSW Awarded Two Downtown Projects Totaling $14,600,000
Thursday October 4, 4:15 pm ET


LONG ISLAND CITY, N.Y.--(BUSINESS WIRE)--KSW, Inc. (Amex: KSW - News) announced that during this week the Company was awarded two new projects on West Street in downtown Manhattan. The contracts total approximately $14,600,000.

The first project is a 15-story condominium, designed by Robert A. M. Stern, and being developed by Related Properties, LLP. This is the third project where KSW is working with this prestigious developer.

The other project is a rental apartment building being developed by The Jack Parker Corporation, a new KSW client. KSW was recommended to this owner by the construction manager, Gotham Construction Co., Inc., with whom KSW is currently working on three other projects.

KSW's CEO, Floyd Warkol, commented: "We continue to use our value engineering skills to save our clients money and they continue to reward us with their new projects."

About KSW

KSW, Inc., through its totally-owned mechanical subsidiary KSW Mechanical Services, Inc., furnishes and installs heating, ventilating and air conditioning (HVAC) systems and process piping systems for institutional, industrial, commercial, high-rise residential and public works projects. KSW Mechanical Services, Inc. also acts as trade manager on larger construction projects, such as New York Presbyterian Cardiovascular Center.


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VG1982 VG1982 17 years ago
Glad it stopped going down any further, should have bought some more but I was short of cash.
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Wallstreetman Wallstreetman 17 years ago
Whats going on with KSW this morning?
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linuspop linuspop 17 years ago
Moab Cap Reports 5.1% KSW Stake, Says Shrs Are Undervalued

Last update: 8/3/2007 6:58:42 AMDOW JONES NEWSWIRES Moab Capital Partners LLC on Friday reported holding a 5.1% stake in KSW Inc. (KSW) and said it believes the company's shares are "significantly undervalued."

Moab Capital beneficially owns 313,266 shares of KSW, a Queens, N.Y., furnisher and installer of heating, ventilating and air conditioning systems and process piping systems.

The New York-based investor said it purchased the shares because KSW's "highly-regarded management" team has created a "unique value-engineering business proposition" which is driving the company's superior growth in backlog, revenue and earnings margins. Furthermore, Moab believes KSW's shares are significantly undervalued based on the free cash flow the company generates, and on a relative basis to its publicly traded peers, including Comfort Systems USA Inc. (FIX) and Emcor Group Inc. (EME).

As of July 30, KSW had the highest Ebitda margins of the peers, the smallest capitalized expenditures and predominantly operates in the rapidly growing New York City construction market where it has no exposure to the declining single-family homebuilding cycle.

Moab also believes KSW is "well capitalized and poised to expand its business into major metropolitan markets beyond the New York City market." KSW's shares closed Thursday at $7.22 each.
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micasey123 micasey123 17 years ago
Yes ,the margin improved with less rev.Like i said it's just a speed bump.Next Q if they get their act together we'll have a blowout Q and that might be the catalyst to move it to new high.
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norweger1979 norweger1979 17 years ago
doing some of the math looks like little margin improvement... I like that!

...great backlog numbers again... another delay does NOT mean lost rev.!

...KSW is solid and shall continue to be... decided to add and just picked up some in the $7.20's as a starter!

good luck
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micasey123 micasey123 17 years ago
Sometime it 'd take more than 3 months to work out the kinks in construction .It' just a speed bump.KSW will be higher by eoy .I love to see low 6 so i can add another 50K.
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norweger1979 norweger1979 17 years ago
They had the same rev. delay last qtr.... so I was hoping they would book those for this qtr...

...I will watch from the sidelines only add on more weakness... remember we got another Floyd's 50k coming before the next ER...
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micasey123 micasey123 17 years ago
I 'm adding.Next Q KSW will a lot higher.IMO
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norweger1979 norweger1979 17 years ago
below my expectations... but holding
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VG1982 VG1982 17 years ago
KSW, Inc.'s Second Quarter Profits Grow
Thursday August 2, 8:30 am ET


LONG ISLAND CITY, N.Y.--(BUSINESS WIRE)--KSW, Inc. (AMEX: KSW - News) today reported financial results for the second quarter of 2007.
ADVERTISEMENT


Second quarter 2007 net income was $771,000, or $.13 per share basic and $.12 per share diluted, as compared to a net income of $618,000, or $.10 per share (basic and diluted), for the second quarter of 2006. Included in the results for the second quarter of 2007, are stock compensation expenses of $91,000 related to the exercising of stock options and the adoption of the new accounting standard, FAS-123 ®. Excluding the effect of these stock compensation expenses, the Company earned $862,000, or $.14 per share (basic and diluted), for the second quarter of 2007.

Net income was $1,494,000, or $.24 per share (basic and diluted) for the first half of 2007, as compared to net income of $964,000 or $.16 per share (basic and diluted) for the same period in 2006. Included in the results for the first half of 2007 are stock compensation expenses of $273,000 related to the exercising of stock options and the adoption of FAS-123 ®. Excluding the effect of these stock options, the Company would have earned $1,767,000 for the first half of 2007, or $.29 per share (basic) and $.28 per share (diluted).

All references to per share amounts in this release are based on the retroactive effect of the stock dividend declared on May 8, 2007.

Total revenue for the second quarter of 2007 decreased by 4% to $19,320,000, as compared to $20,132,000, for the second quarter of 2006. Revenue for the second quarter of 2007 would have been higher, but several new projects which were expected to start in the first quarter of 2007 continued to experience delays. Total revenues for the first half of 2007 increased by 4% to $37,311,000, as compared to $35,893,000 for the first half of 2006.

The Company's backlog at the end of the second quarter of 2007 was approximately $90,000,000. In addition, during the first two weeks of July 2007, the Company obtained several new projects totaling approximately $25,000,000.

Chairman of the Board, Floyd Warkol, commented that: "We continue to see strong demand for our value engineering and trade management services."

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norweger1979 norweger1979 17 years ago
I added some more shares today!

Weak market and some big offers BUT KSW holding up pretty strong and buyers are ready to scoop them weak hands up!

good luck
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norweger1979 norweger1979 17 years ago
mike,

still shorting DECK, LOL

hope you made a nice $$$chunk when it did a temporary dip last time!

market certainly due for a pullback BUT shall recover again and continue...

mentioned TBLC before... it gets good volume action and I see it as a very good long term hold! early in the game but worth some $$$!

still in CRNT, FWIW ...Navellier put it on his global growth newsletter as a new buy last week!

I have lots of work to do, so little time to play

greatly appreciate all your tips, insights and of course your education lessons you gave me, LOL!

any new early plays you got on your screens?

still holding SMTX? I am out, waiting for a pullback to low $6's to buy back, my little position
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micasey123 micasey123 17 years ago
Hi Norwerger,I haven't heard from you in awhile.I thought you were on vacation again with your profits,lol.

You're right we have to add the 5% split adj.It's not a big deal.

KSW is on the Highest ranking stocks on the Composite IBD scale (best overall for the last few days.

I shorted 5000 shares of DECK av 105.9 yesterday.
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VG1982 VG1982 17 years ago
Who do you mean by JPM? The bank JP Morgan?
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norweger1979 norweger1979 17 years ago
the 50k share/qtr. are split into 25k of shares and 25k of options...

after the last stock dividend those 25k shares/qtr. have to be adjusted by 5%!

Thus the total sales/qtr. is 51,250!

NOT that those 1,250 shares/qtr. are going to make a real difference, LOL

Volume is getting stronger and new sources/screens are picking KSW up, like IBD!

good luck! $9 is coming soon, IMO!
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micasey123 micasey123 17 years ago
VG,

From the 8K


ITEM 7.01. REGULATION FD DISCLOSURE

On March 14, 2006, the Company issued a press release announcing that
Floyd Warkol, its Chairman and Chief Executive Officer, has entered into a stock
trading plan intended to qualify for the safe harbor under Rule 10b5-1 under the
Securities Exchange Act of 1934, as amended (the "Exchange Act"). Rule 10b5-1
permits officers and directors of public companies to enter into predetermined
plans for selling specified amounts of stock. The plans may be entered into only
when the director or officer is not in possession of material non-public
information. Under the plan Mr. Warkol authorized the sale of up to 400,000
shares of the Company's common stock owned by Mr. Warkol, 200,000 of which are
issuable upon the exercise of stock options, over the course of the next two
years. The plan provides for sales of up to specified numbers of shares within
specified ranges, subject to certain limitations. Sales pursuant to this plan
are intended to be disclosed publicly through Form 144 and Form 4 filings with
the Securities and Exchange Commission as required.



He's done selling this Q.The way i figured JPM will sell the remain 100 K shares in the next 2 Q (50 K shares ea Q = only 4 K each week ).Once the volume picks up we'll easily absorb those shares.IMO


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VG1982 VG1982 17 years ago
What is the JPM Rule 10b5-1 rule? about 50,000 shares?
Mic do you know?
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micasey123 micasey123 17 years ago
Vg,I bot in march 06 and sold out in may 06.I got back in nov 06 and still have all my shares.KSW will be in the double digits soon or later.IMO
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VG1982 VG1982 17 years ago
Mic,
Personally,
I have been holding this for a year+ and my returns have been over 125%, I beleive that it is not good to get too much exposure since we might get pumpers who will start jumping in and then dump, in the meantime all the longs move out too and we are all at a disadvantage.
Are you holding long?
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micasey123 micasey123 17 years ago
Hi Vg, i knew that site. Get some folks here to buy some shares .We've been flying under the radar for too long.
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VG1982 VG1982 17 years ago
Hey Mic,
I dont know if you look at this site often but I have been holding this since it was around $3.75+ but this will help you some on finding out who is selling.

http://www.insidercow.com/insidercow.jsp

I have a couple of friends who are holding this stock, I will tell them to come in and throw their 2 cts. Need to liven up this thread.

VG
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micasey123 micasey123 17 years ago
who 's selling with 2 big news???
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linuspop linuspop 17 years ago
KSW Awarded Prestigious West Side Project
Thursday July 12, 11:13 am ET


LONG ISLAND CITY, N.Y.--(BUSINESS WIRE)--KSW, Inc. (AMEX: KSW - News) announced today that it has been awarded a contract, valued at approximately $9,200,000, to furnish the HVAC systems for a new mixed use project at 808 Columbus Avenue in Manhattan. The project, which extends from 97th to 100th Streets, includes a 359 unit apartment tower situated atop 220,000 square feet of retail space. Construction is scheduled to begin in September, 2007.


KSW's Chairman, Floyd Warkol, commented that "Both the developer and the construction manager are repeat clients. The developer is headed by The Chetrit Group, for whom KSW is currently performing work at an apartment building at 1510 Second Avenue. KSW has worked on several projects for the construction manager, Gotham Construction Company, including the large apartment building at 10 West End Avenue currently near completion."

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Wallstreetman Wallstreetman 17 years ago
I live in Staten island about 15 minutes from the new contracts that KSW was awarded,in fact I past them last Saturday.These were old factories that are being converted to Condos.One building is done already and there is two more to be done.These buildings were called Bush terminal,and this contract that KSW was just awarded is HUGE.They consistently get the best contracts in the city,(meaning New York City.)
The blue ribbon panel that Floyd has been put on by the MTA regarding the second avenue train line will probably be the biggest contract that KSW will ever see.It will be a 5 year contract minimum,and be worth many millions of dollars to the company
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i_love_low_floats i_love_low_floats 17 years ago
Looks like it's breaking out.
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norweger1979 norweger1979 17 years ago
looks like a repeat trading action prior to last earnings...

...only at the $7 level vs. $6 level last time...

...big blocks popping up on the ASK over and over again... let's see if they are beeing sucked up again and we move into new 52week highs after good earnings...

good luck everyone!
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norweger1979 norweger1979 17 years ago
the JPM Rule 10b5-1 auto-sale program for 50k shares/qtr. is done as of march 30th 2007 for this qtr.
http://www.form4oracle.com/company?cik=0001004125&ticker=ksw

KSW share price has held up well over $6 mark which is obviously a very strong support level and absorbed all 50k shares!

I see KSW going up from here and soon over $7 again!

good luck!
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Wallstreetman Wallstreetman 17 years ago
GM,
9.00,10.00 were the numbers I was looking for when I originally purchased.I live in Staten Island,(30 minutes from New York),and I get to speak with many construction workers from the city.They all know KSW and the all say they are one of the best out there in their industry.In fact their very choosy about the jobs they take.
As far as money accumulating,I believe there will be an acquisition in the very near future,probably within 90 days.That should bring more attention to the company.
Lets see what happens
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Swick984 Swick984 17 years ago
KSW 10-K out, over $14 million in cash.

At $6.30, KSW is trading for an Enterprise Value/EBITDA multiple of about 4.6x. That's insane for a growing company with a backlog at a record high with improving margins on top of that. According to the 10-K, they'll book about +$70 million of revenue next year on their existing backlog alone... Assuming backlog growth and order growth continues, this one should be valued closer to 8.0x trailing EBITDA, or about $9-$10 bucks a share... Their cash position will continue to grow which will only make them look better and better.

To give you an idea, their best comparable is EMCOR Group, which trades at an Enterprise Value/EBITDA multiple of 10.8x. Apply that multiple to KSW and you get $11.50 for KSW.

This is by far my largest position now and it has been since I first bought in October of 2005. Should hopefully see a close above $7 soon and higher soon after that. Good luck to all...
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linuspop linuspop 17 years ago
Nicusa Capital Partners files a 13G this afternoon. They bought at 5.69% stake in KSW....


http://www.pinksheets.com/quote/news.jsp?symbol=KSW
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linuspop linuspop 17 years ago
Nice quarter. Minus items, EPS was .18 vs. .10 and year end backlog was $110M vs. $82M. Nice improvements! Foward p/e is under 10. When you consider the $2 of cash on the balance sheet plus the safety of KSW having such a large backlog, I think this looks quite undervalued in the $6's with these earnings.

KSW's Fourth Quarter and Annual Operating Revenues and Profits Continue to RiseLast update: 2/22/2007 9:27:20 AMLONG ISLAND CITY, N.Y., Feb 22, 2007 (BUSINESS WIRE) -- KSW, Inc. (KSW) today reported preliminary fourth quarter and year end financial results for 2006. Total revenues for the fourth quarter of 2006 were $19,591,000 as compared to $17,101,000 for the same period in 2005. Gross profit for the fourth quarter of 2006 was $2,925,000 as compared to $2,694,000 for the fourth quarter of 2005. Net income for the fourth quarter of 2006 was $1,016,000 or $ .18 per share (basic and diluted) as compared to net income of $996,000 or $.19 per share (basic and diluted) during the fourth quarter of 2005. Net income for the fourth quarter of 2006 includes a $107,000 gain resulting from the reversal of the allowance for doubtful accounts, and a $101,000 expense for stock compensation related to the exercising of stock options and the adoption of a new accounting standard, FAS-123R. Net income for the fourth quarter of 2005 was effected by the previously disclosed settlement of the Co-Op City claim of $479,000. Without these adjustments, net income for the fourth quarter of 2006 would be $.18 per share (basic and diluted), as compared to $.10 per share (basic and diluted) for the fourth quarter of 2005. Total revenues for 2006 were $77,128,000 as compared to total revenues in 2005 of $53,378,000. Gross profit for 2006 was $9,973,000 as compared to $6,481,000 for 2005. Net income for 2006 was $2,765,000, or $.49 per share-basic and $.48 per share-diluted, as compared to net income of $2,711,000, or $.50 per share (basic and diluted) for 2005. Net income for 2006 includes a $107,000 gain resulting from the reversal of the allowance for doubtful accounts, and a $374,000 expense for stock compensation related to the exercising of stock options and the adoption of FAS-123R. KSW Inc's financial results for prior periods have not been restated for FAS -123R. Net income for 2005 was increased by the Co-Op City claim settlement and a tax benefit resulting from the previously disclosed reversal of the deferred tax allowance. Without these adjustments, the net income for 2006 would be $3,032,000 or $.54 per share-basic and $.53 per share-diluted, as compared to $.27 per share (basic & diluted) for 2005. As of December 31, 2006, the Company had a backlog of approximately $110,000,000, as compared to a backlog of approximately $82,200,000 as of December 31, 2005.
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norweger1979 norweger1979 17 years ago
what's up with that... another 20k block popping up on the ASK... that makes it 3 20k blocks today... I think 2or 3 yesterday...

...little fishy?
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micasey123 micasey123 17 years ago
I don't think Floyds was the big seller.The stock needs to weed out the overhang shares from the weak hands who bot right before the New Years when it ran from 5.4 to 7.4.IMO

OT ACCP -If you compare it(MC 40MM ) to Ulur ($64 MM) .

The estimated market size for ACCP' MuGard(TM) in
the US exceeds $1 billion while ULUR
' market for oral pain relief in the United Kingdom alone is estimated at approximately $60 million.
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micasey123 micasey123 17 years ago
Normally i don't play Bio tech stocks but this is an undervalued comp with a FDA approval drug + Prolnidac phase 2 trials.
If you check the bi0 stocks even without a FDA app most have a minimum $200 MM MC = $50 PPS for ACCP .IMO


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