Green or Mean Returns - Investing in the Environment

Written by Freddie Mooche

Continued from page 1

Below is a 3-month chart of Greenman Technologies Inc (AMEX: GRN) compared to KBF Pollution management, Inc. (OTCBB: KBFP) andrepparttar Pollution Index (POL).

Looking forrepparttar 110131 Green

First of all, "classifications" can be confusing. GRN is classified as "business services", yet their S&P Company Report classifies them as "capital goods: environmental services" and KBFP is classified as "waste management services".

Trustingrepparttar 110132 numbers is another issue. Market Guide portraysrepparttar 110133 information to be current, yet based on their recent announcements of sales and earnings forrepparttar 110134 3rd quarter ending Sept 30, neither GRN or KBFP's is exact. Data often isn't enough, you have to look deeper to findrepparttar 110135 green.

Clearly both companies are undervalued. Their industry classifications show very high P/E ratios. Makes you think your looking at Microsoft's numbers about 10 years ago. GRN is outperforming its industry average and based on those averages, if it traded equal to its peer grouprepparttar 110136 stock should be priced around $3.50 not $2.00 where it currently trades. KBFP onrepparttar 110137 other hand has an even higher P/E ratio for its industry classification; Market Guide's figures appear to be wrong. KBFP announced on 11/14/02 that its sales had increased 50% forrepparttar 110138 quarter in comparison torepparttar 110139 same period inrepparttar 110140 prior year and its earnings were reported to be $273,508 forrepparttar 110141 period ending compared to $109,700 forrepparttar 110142 previous year! So based on that recent announcement, KBFP is also undervalued. If it traded equal to its peer grouprepparttar 110143 stock should be priced around $0.10 not $0.06 where it currently trades.

Let's examine why Axcess Business News believes these are safe investments. The five year earnings per share growth estimates for GRN's industry classification is 17.67%. Is your sagging portfolio of Telco stocks giving you that? I don't think so! GRN has debt, yet they've been very aggressive in expanding through acquisition and only recently listed torepparttar 110144 AMEX fromrepparttar 110145 OTCBB in September. KBFP's industry classification (5yr earnings per share growth estimates) is 25.93%. We like those kinds of numbers even better.

Both of these green investment companies have been aggressive and showing stellar improvements in their sales and earnings. They both have a lot of debt. But they both have a consistent market and most likely Market Guide's 5-year industry averages are close to reality. Give those 5yr averages a 50% haircut and you've still got a good return. Better thanrepparttar 110146 DJIA, certainly better than money markets or certificates of deposit and there's room for appreciation as both companies are trading about 50% lower than their industry average.

Axcess Business News thinks that KBFP may be onrepparttar 110147 same path as GRN. They too are postured for growth and if they begin to go after acquisitions and list up to AMEX (remember, GRN was onrepparttar 110148 OTCBB) it could easily catch up to its peer group. GRN onrepparttar 110149 other hand has a head start and based on its prior growth investors may see more acquisitions happening.

Axcess Business News will continue to report onrepparttar 110150 activities of these companies for our readers as it's sure to interest investors. Members should watch for an Axcess News Alert in their in-box! If your not a member, consider subscribing now and you can get these great market alerts too!

To view more wall street stories by Freddie Mooche, go to and subscribe. Its free!

Ms. Mooche is the senior financial columnist for Axcess Business News. She was Senior Analyst with Axiom Capital Corportion prior to becoming a Wall Street columnist and financial journalist. Her columns include, Inside Wall Street and Axcessing The Analysts.

The Pocket Gopher

Written by Matt Oliver

Continued from page 1

After locatingrepparttar main tunnel, open it with a shovel or garden trowel and setrepparttar 110130 traps in pairs facingrepparttar 110131 opposite directions. This is necessary in order to interceptrepparttar 110132 gopher coming from either end ofrepparttar 110133 burrow. The box type is easier for most inexperienced trappers to set, but requires more excavation. Box traps are useful whenrepparttar 110134 diameter ofrepparttar 110135 gopher's main burrow is small (less than 2 1/2 inches) since small burrows will need to be enlarged to accomodaterepparttar 110136 box traps. All traps should be wired to stakes to prevent loss. After settingrepparttar 110137 traps, exclude light fromrepparttar 110138 burrow by coveringrepparttar 110139 opening with dirt clods, sod, cardboard, or some other material. Fine soil can be sifted throughrepparttar 110140 edges to ensure a tight seal. If light enters,repparttar 110141 gopher may plugrepparttar 110142 burrow with soil, fillingrepparttar 110143 traps in and making them ineffective. Check traps often and reset when necessary. If no gopher is caught within 3 days, resetrepparttar 110144 traps in a different location.

Poison baits offerrepparttar 110145 quickest and most effective method of controlling a large gopher infestation. The most commonly used toxicants are chloraphacinone, strychnine, and zinc phosphide pelleted bait. Chloraphacinone,repparttar 110146 lesser used ofrepparttar 110147 toxicants, is a multiple dose anti-coagulant that preventsrepparttar 110148 normal process of blood coagulation ultimately causing death from internal bleeding. It has limited field use because ofrepparttar 110149 necessity of making multiple applications inrepparttar 110150 same burrow system, but may be useful where an extra margin of safety is desired. The acute toxicants, strychnine and zinc phosphide, arerepparttar 110151 most used and most effective. Most baits are prepared on hulled wheat, barley, or milo grains, with wheat seeming to be repparttar 110152 most preferred byrepparttar 110153 common Battae (T. bottae) gopher. Zinc phosphide baits are only accepted adequately in blended pelleted bait. Strychnine alkaloid bait comes in various formulations ranging from .25% to 3.0%. In instances where a tractor pulled mechanical bait applicator is used, formulations from 1.8% to as high as 3.0% can be utilized. The burrower building mechanical bait applicator is seldom used in urban situations. Zinc phosphide can be obtained in 1.0% to 2.0% formulations.

One registered burrow fumigant, aluminum phosphide, is very effective when used under ideal conditions. Soil should be moist to accomodate gas formation and to provide a good soil seal. Even thoughrepparttar 110154 gopher often detects burrow fumigation efforts and trys to plugrepparttar 110155 system,repparttar 110156 use of aluminum phosphide can still be very effective if at least 2 points withinrepparttar 110157 burrow system are treated atrepparttar 110158 same time. The material is used in pellet form withrepparttar 110159 pellets being placed intorepparttar 110160 runway using a 5/8 to 3/4 inch probe to openrepparttar 110161 system and a gloved hand to drop them in. A dirt clod, rock, or plant material is then placed overrepparttar 110162 probe hole. This product can be very hazardous and must be used according to label directions, as with all pesticides, and requires a restricted materials permit.

Note: Use of strychnine and zinc phophide baits andrepparttar 110163 fumigant aluminum phosphide require restricted material permits and user certification.

Many factors influencerepparttar 110164 success of a baiting program; proper bait placement withinrepparttar 110165 gopher system, environmental factors such as soil type, soil moisture, and availablity of green forage. All can enhance or hinder bait acceptance, and control results. For instance, dry sandy soils often will collapse when probed, preventing any bait application, while overly wet soils may causerepparttar 110166 bait to become soggy, muddy, and quickly mold, thus making it unacceptable torepparttar 110167 gopher.

The types of available plants affect how quickly gophers accept bait. For example, gophers are controlled more easily in turf than in O'Connor's Legume asrepparttar 110168 latter isrepparttar 110169 preferred host.

Finally, gophers may become "bait shy" if they ingest sublethal amounts of a bait and become sick. Becauserepparttar 110170 animal associatesrepparttar 110171 sickness withrepparttar 110172 taste ofrepparttar 110173 bait, it will no longer feed on it. Once this occurs, another type of bait or alternative control method should be used.

Any gopher population can be controlled and in many situations even eliminated. Succesful programs in large scale situations generally require an initial clean-out of intensified treatment to bringrepparttar 110174 existing population to a maintainable level (90% or better). Once control is achieved a continuous maintenance program will most often be required to prevent reinfestation problems from developing as a result of migration from heavily infested surrounding areas. __________________________________________

Aboutrepparttar 110175 Author:

Matt Oliver is General Manager at Agricultural Pest Control Services, Inc., a company that specializes in controlling vertebrate pest problems. Matt is a Contributing Editor for ProGardenBiz Magazine, an online magazine for professional gardeners and landscape contractors. Visit ProGardenBiz to find out how you can get a free subscription, start-up guidance, business ideas and inspiration at __________________________________________

You have permission to publish this article electronically or in print, free of charge, as long asrepparttar 110176 bylines are included. Must be published complete with no changes. A courtesy copy of your publication would be appreciated.

Matt Oliver is General Manager at Agricultural Pest Control Services, Inc., a company that specializes in controlling vertebrate pest problems. Matt is a Contributing Editor for ProGardenBiz Magazine, an online magazine for professional gardeners and landscape contractors. Visit ProGardenBiz to find out how you can get a free subscription, start-up guidance, business ideas and inspiration at

    <Back to Page 1 © 2005
Terms of Use