Stock Chatter Play ~PTAH
Good Evening Traders! For those of you that didn’t get our tweets today, we would like to bring PTAH to your attention. Over the past few months PTAH has been catching up with filings, updating their website, and announcing acquisitions. PTA Holdings Revenues Could Exceed 2,275 Percent Growth in 2013 recent letter of Intent Could Add an Additional 3-5 Million Dollars in Revenues…Keep on Radar Tomorrow!
Once we break .002 resistance on PTAH we think it could set up for some nice gains.
PHOENIX, Jan. 18, 2013 /PRNewswire/ – PTA Holdings, Inc. ( PTAH ) which recently completed the Nortford LLC acquisition which is expected to add over 5 million dollars in revenues in 2013 is pleased to announce that it has entered into an LOI for the purchase of Eggspress, an Iowa based transportation company serving the egg and agricultural industry. Eggspress will strengthen the company’s service capability as it expands its footprint servicing the distribution of these products. The Eggspress transaction will bring an expected revenue base of approximately 3- 5 million dollars annually to the company along with a blue-chip customer base.
Leonard J. Lewensohn, Chief Executive Officer stated that, “We are making real progress as the company pursues its acquisition roll-up strategy.” He further stated that, “PTA Holdings, Inc. will continue its focus on expanding the business by implementing its roll-up strategy and adding strategic functional elements of its business plan.”
Matthew Spafford, CEO of Eggspress states, “We are pleased to bring Eggspress into PTA Holdings, Inc. along with Nortford, a sister company primarily serving the Egg industry. Iowa has regained the distinction of being the number one egg producing state and the Iowa Egg Council estimates that there are over 40 million layers producing 9.5 billion eggs. The multiplier impacts on the Iowa economy are even more impressive with total labor income of $160 million and value added of $224 million attributable to direct and indirect impacts of the egg industry on the Iowa economy. Our combined companies are strategically positioned to capitalize on our expanded service capabilities.”
About PTAH
PTA Holdings Inc. (PTAH) is a holding company with a core focus in the automotive industry and for-hire transportation industry. The Company acquired ProFlow Inc. in 2007. ProFlow Inc. is a Georgia based company that specializes in the research and development of lubrication products for the automotive and industrial transportation marketplace.
PTA Holdings Inc. acquired Kingsley Logistic Group in 2012. Kingsley Logistics Group is a multi-faceted transportation group providing a broad array of traditional transportation services that include LTL & Truckload, Inter-modal, Rail, Warehousing & Distribution, Equipment Leasing, Brokerage and 3PL, plus Retail & Special Projects Business Groups.
Kingsley is well positioned to take advantage of the transportation industry’s growing trend toward global logistics, distribution and supply chain management, paying attention to the acquisition of small to medium sized companies that we define generating revenues of 2.0 to 20 million of annual revenues as targets of our roll-up strategy. The company will use a combination of transportation software, website technology, for the consolidation of its roll-up of supply chain subsidiaries, including truck and inter-modal transportation units, warehousing and storage facilities, logistics management and related technology functions.
We are up to the task…
…Our team, products, technology, solutions, and technical resources will provide customers with world-class service, information and controls over their product cost and status of shipping activities within their supply chain.
Marketplace
“…Understanding the business, the value proposition and the opportunity…”
THE INDUSTRY WE SERVE “…$585 billion… Trucking on average, collected 86.5% of the nations freight Bill.”
By any standard of measurement, the trucking industry continues to dominate the freight transportation market. Nearly every product consumed is transported by truck at some point in time. According to market statistics, the trucking segment hauled 67.9% or 8.9 billion tons of all freight transported in the United States. The trucking industry earned $585 billion of that amount representing 86.5% of the nation’s freight bill. Summarizing, trucking on average collected 86.5 cents on every dollar spent of freight transportation.
“Current inefficiencies within the Supply Chain sector create exceptional opportunities for Kingsley Logistics Group.”
Kingsley Logistics Group is positioned to execute the consolidation of companies that meet Kingsley roll-up criteria.
Before the motor carrier industry was deregulated in 1980, there were fewer than 20,000 interstate carriers in the United States. By the end of 2002 that number increased to more than 585,000. While there are a large number of trucking companies, the vast majority are operated as a small business. Around 93% of those companies operate with fewer than 20 trucks and approximately 80% operate six trucks or less. As a consequence, trucking is a highly fragmented industry, resulting in intense competition (in terms of price and non-price factors) and low profit margins. The recession starting in 2008 and continuing to this date, and, the extremely high cost of diesel fuel, along with the environmental restrictions these companies face has many of them looking for a “safe-harbor”. Kingsley Logistics Group is a company poised and ready to execute the consolidation of companies that meet Kingsley roll-up criteria. This sector will create exceptional opportunities for the company.
Market Reach
“Kingsley is positioned to be a true global operator.”
Trucking plays and enormous role in processing trade that flows across the northern and southern borders of our country. Canada and Mexico are among our largest trading partners, in fact trucks handle over 67% of goods (in terms of value) between the United States and Canada and more than 80% between the U.S. and Mexico.
The company is positioned to be a true global operator. Preliminary research also indicates opportunities throughout Asia and Mainland China and throughout the Pacific Rim abound for companies structured to handle their business on a door-to-door basis.
LeveI II @ Close Thursday:
Current News and Press Releases
Friday, January 18, 2013
- PTA Holdings Revenues Could Exceed 2,275 Percent Growth in 2013 Letter of Intent Could Add an Additional 3-5 Million Dollars in Revenues PR Newswire (Fri, Jan 18)
Tuesday, December 18, 2012
- PTA Holdings, Inc. Anticipates 1,340 Percent Revenue Increase in 2013 PR Newswire (Tue, Dec 18)
Monday, December 17, 2012
- PTA Holdings Inc. Completes Nortford Transaction PR Newswire (Mon, Dec 17)
Friday, December 14, 2012
- PTA Holdings, Inc. Forms Kingsley Logistics Division to capitalize on 585 billion dollar market for additional revenue PR Newswire (Fri, Dec 14)
Monday, December 10, 2012
- PTA Holdings, Inc. Expects to Close Nortford, LLC Acquisition Transaction by Year End PR Newswire (Mon, Dec 10)
Tuesday, November 6, 2012
- PTA Holdings Inc. Executes LOI to Purchase Iowa based Marketing & Transportation Company PR Newswire (Tue, Nov 6)
PTAH CHART
