KTEC Key Technologies
shows very steady intense and extensive
Big Money" accumulation, as of 12/22/2007.
Look at the charts
below for the charts of 2006 and 2007. This usually
means
mutual funds are taking positions or the news is getting
out that the
company is doing very well.
KTEC now shows more 'Big Money Accumulation' than all but five
or six stocks in the 6500 TigerSoft monitors. It suggests big
investors
see a rosy future for their stock, barring a bear market for
stocks
as a whole.
Big Money buying is very evident. This is the best
predictor of significant
price gains. TigerSoft has studied what best predicts the
best gainers
extensively for many years.
See http://www.tigersoft.com/Tiger-Blogs/8-30-2007/index.htm
Insiders are selling to
institutional buyers. The stock is way below the
radar of most small investors. It should go
significantly higher, as investors try
to avoid risk by buying more defensive stocks, including
those in food related businesses.
It has already achieved the 58% yearly gain we expect from
typical stocks that look
it did in the Fall of 2006, in terns of intense Accumulation and
a price breakout.
Earnings Are Good.
November 15, 2007 - Nov 15, 2007 -- Key Technology, Inc. (NasdaqGM:KTEC - News)
announced sales and operating results for the year ended September 30,
2007. Net sales for fiscal 2007
were $107.5 million, a 26.8% increase over the $84.8 million reported
for fiscal 2006. The Company
reported record net earnings for the year of $7.4 million, or $1.37 per
diluted share, compared with a
net loss of $793,000, or $0.15 per diluted share, for fiscal 2006...At
the close of the September 2007
quarter, the Company's backlog was a fourth-quarter record of $30.9
million compared to $22.8 million
at the close of the corresponding period one year ago, an increase of
35.9 %... We are pleased that our
operating expenses to sales ratio for fiscal 2007 dropped 6.9% from
fiscal 2006. This decrease contributed
significantly to our 8% operating earnings to sales performance for
fiscal 2007. Our analysis convinces us
that we can make further improvements to operating earnings percentage
in 2008 with programs that we are
already pursuing."
Food Industry Is Strong
The Fidelity Food Sector fund has been rising since mid 2007, despite a weak market for
many groups..
What KTEC Does
http://finance.yahoo.com/q/pr?s=KTEC
Key Technology, Inc., together with its subsidiaries, engages in the design, manufacture,
sale, and service of process
automation systems, integrating electro-optical inspection and sorting, specialized
conveying, and product preparation
equipment. The company's automated inspection systems are used in various applications to
detect and eliminate defects
and foreign materials during the processing of raw and semi-finished products. It offers
ADR Systems, which are used
to transport, inspect, and remove defects from French fries; Tobacco Sorter 3, tobacco
sorting systems used in tobacco
threshing and primary processing; Tegra System, an optical sorter that provides in-air
defect removal; the Optyx family
|of sorters, which offers a combination of on-belt and in-air sorting; and pharmaceutical
and nutraceutical inspection
systems. The company also provides conveying and process systems, including the
SmartShaker vibratory solutions of
Iso-Flo and Impulse branded conveyor systems; Farmco rotary grading systems; Turbo- Flo
steam blanchers; Fort?
process control systems; Freshline product family for fresh-cut; and additional conveying
and processing equipment.
These conveying and process systems are used in conveying, transferring, distributing,
aligning, feeding, metering,
separating, and grading, as well as blanching, cooking, pasteurizing, cooling, cleaning,
washing, and drying. In addition,
Key Technology provides spare parts, and post-sale field and telephone-based repair
services. The company offers its
products to the food processing industry, as well as tobacco and pharmaceuticals
industries. It markets its products
directly and through independent sales representatives in the United States and
internationally. Key Technology was
founded in 1948 and is headquartered in Walla Walla, Washington.
Key Technology Inc.
150 Avery Street
Walla Walla, WA 99362
United States - Map
Phone: 509-529-2161
Fax: 509-522-3378
Web Site: http://www.keyww.com
Who's Buying and Selling in 2007?
Corporate insiders are exercising options to buy the stock and selling.
Gordon Wicher - Officer
SOLD 5,000 1,875 5000 9000 12,000 20,400
8,600 14,000 36,000
5,000 7,000 20,361 15,000 or more than
150,000 shares
( http://biz.yahoo.com/t/54/366.html )
Donald Washburn
- Officer 15,000
Michael Shannon -
Officer 125,581 1,300 7,100 15,000 16,500
10,000 2,456
( http://biz.yahoo.com/t/53/366.html
)
and others.
Yahoo reports: ( http://finance.yahoo.com/q/it?s=KTEC
)
Insider Selling To Mutual Fund Buyers
It
is common for corporate insiders to sell shares to institutions. They do this
because they
realize the best way to get outsiders to see what
they have created is to offer them a part of the
package. Then they will have a vested interest
in spreading the word. Walla Walla is long way
from Wall Street. This seems a plausible
explanation for the option exercising and selling
seen. Fidelity, for example, does not seem to
have a position in this company. To me that
suggests potential ahead.
INSTTUTIONAL HOLDERS
ROYCE & ASSOCIATES, INC. |
378,343 |
6.81 |
$11,388,124 |
30-Sep-07 |
ALYDAR PARTNERS, LLC |
350,000 |
6.30 |
$10,535,000 |
30-Sep-07 |
BANK OF AMERICA CORPORATION |
347,322 |
6.26 |
$10,454,392 |
30-Sep-07 |
DIMENSIONAL FUND ADVISORS INC |
265,980 |
4.79 |
$8,005,998 |
30-Sep-07 |
WACHOVIA CORP NEW |
242,145 |
4.36 |
$7,288,564 |
30-Sep-07 |
BJURMAN, BARRY & ASSOCIATES |
177,500 |
3.20 |
$5,342,750 |
30-Sep-07 |
KENNEDY CAPITAL MANAGEMENT, INC. |
173,385 |
3.12 |
$5,218,888 |
30-Sep-07 |
NUMERIC INVESTORS, LIMITED PARTNERSHIP |
144,735 |
2.61 |
$4,356,523 |
30-Sep-07 |
Clarus Capital Group Management LP |
83,951 |
1.51 |
$2,526,925 |
30-Sep-07 |
AXA |
61,034 |
1.10 |
$1,837,123 |
30-Sep-0 |
|