Since working as a C.P.A. at a public accounting firm fresh out of university in the early 90’s, I remember preparing a clients financial statements who made a bearing which was used in the engine of DC-9 airplanes. That’s all they did, but that small niche market they held was good enough to book $14 million a year in revenues and over $1.9 million in net income. Learning that making something that is needed to make something else can be very lucrative.
The same scenario triggered the hidden gem of a penny stock, Talon International Inc. (TALN), to pop up as they look to book another $42 million in 2012. Today’s trading activity on TALN stock, the largest volume session of the year for this zipper, apparel fastener, trim and interlining product supplier, from a ratio point of view, is simply the boost the investor community needed.
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TALN Stock Chart
Market Cap: 2.22M
Last: 0.095, up 0.055 (137.50%)
Volume: 508,964
Dollar Volume: $44,212
High: 0.11
Low: 0.05
Trades: 98
Average Trade Size: 5,193
Authorized: 100,000,000
Issued and Outstanding: 23,400,808
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Zippers. Talon International focuses on zippers. That’s it. Would you think in the first 6 months of 2012 that a company focused on zippers could bank $21,925,799 in revenues? It’s almost exactly what the Company booked for the same period in 2011. That’s on pace to be $42 million plus in sales on — zippers. You gotta think obesity contribute to some of those sales as the zipper busting super-size-me culture of America basically invented the “insert coat hanger into the zipper handle” concept.
After a Q for the period ended June 30, 2012 where Talon booked $700,454 for the three month period, news last week of a two-year agreement with Fat Face Group Limited to supply them all of their apparel Trim and Zipper products was well received. Since the October 8th PR, TALN stock gained 191% as of today’s HOD, 266% since the beginning of October.Skinny jeans are a big fat YES as is the action this penny stock displayed this month.
About TALN Stock
Talon International, Inc. designs, manufactures, sells and distributes apparel zippers, specialty waistbands and various apparel trim products to manufacturers of fashion apparel, specialty retailers and mass merchandisers. The Company sells and markets these products under various branded names including Talon® and Tekfit®. The Company’s primary business focus is on serving as an outsourced apparel zipper and trims supplier, product design and development, sampling and sourcing department for the most demanding brands and retailers.
Click here to view the SEC filings for TALN.
Bottom Line: TALN showed its teeth today as one of the hottest penny stocks in respect to PPS increase. It will take some time for traders to get to know the Company before TALN stock breaks out past its 0.12 52 week high and stays above it. With revenues on target to match 2011 numbers, net income for the year ended December 31 2012 is a shoe in.
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