TX Holdings Inc (PK) (TXHG) Quote

Looks like it is finally starting to break out...Good time to pick up a few more shares...

TXHG changed to TXRP:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

TXHG: effective April 18,2024 TX Holdings Inc. will change to TX Rail Products Inc.

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

This company is making money and trading at a P/E of 3. Can't understand what the problem is.

Why is no one mentioning this company anymore? Is there something I should be aware of? Looks like a squeeze is approaching.

Chart forming nicely. Explosion will be matter of time. Short squeeze is going to be wild here imo

TDA engaged for the share buyback per PR. This is huge folks. TDA must have started buying already starting Feb 1st. This will significantly reduce shares available in float that can cause immense buy presssure and squeeze

You never know, if buying already started and if shorts starts to panic and cover this can go up bigly in very short time

At a meeting of the Board of Director, dated January 27, 2023, the Board authorized a common share repurchase program of up to 8,053,084 shares of the Company's common stock to be effective for a 12 month period at a maximum price of $0.25 per share. The repurchase program will commence on February 1, 2023, and will run until January 31, 2024. The repurchase of the stock will be handled through TD Ameritrade.


https://www.otcmarkets.com/filing/html?id=16353745&guid=DE2-k6lxgVTNdth

Up to .25 for the next year. Not all at .25 lmao

That too at $0.25 purchase price!

Share buy back

This isnt going anywhere until the Yield sign comes off or the company post some PR updates showing actual growth or positive news. For 5 years now the company has traded between the average of .005 and .015

Agreed, seems like the rail mining business could be better off by going private

You should sale the business so real company can merge into the shell

Buck,

Can we get a PR on what company is doing. Would go a long way here to move the share price up.

Float has been changed. Sorry for the mistake.

Pump over ? Lmao

Buys going off below current bid, they are trying to cover

Sure pal, account created yesterday and can’t even fill in the personal info section.

Hurry!!! Edit the profile and fill it in!

CEO won’t respond to shareholders emails but will go on iHub. LOL

“You’re” = You + are, and yes he is.

Funny isn’t it? 12/8 created and a reply saying TY ME CEO LOL

Your not the ceo

Account created on 12/8/3022 with one post.

Very suspect IMO

Thank you Mr. CEO!

The float is approximately 19,500,000 shares

yea obviously float aint right or they just happen to be dumping same day, maybe sub penny look for entrance

Twitter P&D: ... Float 195,000 (OTC Markets Info) ...
Today's volume: 7+M
))))))))))))))))

Was that you who took that 185,000? Che che

sold at .07 during fast n furious moring, reloaed now .027 ... from china vith love. enjuouy

whos running this no posts

$TXHG TX HOLDINGS REPORTS RESULTS FOR 2022 FISCAL YEAR

https://www.globenewswire.com/news-release/2022/10/18/2536333/0/en/TX-HOLDINGS-REPORTS-RESULTS-FOR-2022-FISCAL-YEAR.html

ASHLAND, Ky., Oct. 18, 2022 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE:

Revenue for year ended September 30, 2022, increased 14% as compared to 2021

Net income for the year ended September 30, 2022, was $380,871 as compared to net income of $133,803 in 2021

Gross profit for year ended September 30, 2022, increased 51% as compared to 2021

Fourth consecutive year in which the company has posted net income

First year of operation the Company’s earnings per share rounds to $0.01

TX Holdings, Inc. (OTC Markets PINK: TXHG), a supplier of mining and rail products to the U.S. coal mining industry, today announced financial results for the 2022 fiscal year. During the fiscal year 2022, the company reported annual revenue of $3,908,031, a 13.6% increase when compared to the same period the prior year. Net income for fiscal year 2021 was $380,871 an income increase of $247,067, when compared to a net income of $133,803 for the prior fiscal year.

Mr. Shrewsbury, the company’s CEO and Chairman, stated that:

“Our 9/30/22 fiscal year represents the fourth consecutive year in which the Company was successful in achieving positive net income and second consecutive year in realizing positive cash flows from operating activities. We are very pleased by our improved operational results, driven by our efforts to increase product demand, and focusing our sales efforts on our higher margins’ products. The increase in sales and gross profit of 14% and 51%, respectively, during the current fiscal year over the prior year, reflects the success of the Company’s ongoing operational strategy.”

Fiscal Year 2022 - Financial Summary

Revenue for the fiscal year ended September 30, 2022, was $3,908,031 as compared to $3,440,763 for the same period in the prior year, an increase of $467,268 or 13.6%.

Cost of goods sold was $2,917,197 as compared to cost of goods sold of $2,785,813 for the same period the prior year, an increase of $132,384 or 4.8 %.

Gross profit for the fiscal year ended September 30,2022 was 25.3% as a percentage of revenue compared to 19.0% the prior fiscal year.

Operating expenses for the fiscal year ended September 30, 2022, were $572,251 as compared to $512,088 for the fiscal year ended September 30, 2021, an increase of $60,163 or 11.7%.

Other income/expense for the fiscal year ended September 30, 2022, resulted in a loss of $36,712 as compared to a loss of $9,059 in the same period the prior year. The loss variance of $27,653 was the result of a $20,000 charitable donation during the current fiscal year.

Net income for the current fiscal year was $380,871, compared to net income of $133,803, incurred in the 2021 fiscal year.

At September 30, 2022, cash and cash equivalents were $108,966 compared to $59,267 at September 30,2021. Net cash provided by operating activities was $146,456 during the fiscal year ended September 30, 2022 as compared to $23,138 during the same fiscal period in the prior year. During the current fiscal year ended September 30, 2022, net cash used by financing activities was $96,757 due to repayment of bank loan, and stockholder’s advances. Net cash provided by financing activities from stockholder’s advances was $19,342 during the same period in the prior fiscal year.

Accounts receivable were $604,173 as of September 30, 2022, as compared to $430,803 as of September 30, 2021, an increase of $173,370 or 40.2%. The higher sales during the current fiscal year account for the increase in receivables.

Inventory was $2,236,175 as of September 30, 2022, an increase of $369,754 or 19.8% as compared to September 30, 2021.

Shorty making his $$ today

Annual report out.

Third year in a row with net income!

Nice volume this morning.

Moving 20% everyday ??

Went current to buy today.
CEO holds a lot of debt over this.

Is it a market sector that will be around in 10years?

Holding here .. so far under the radar and great set up ... lets see those disclosures.

It truly is a great news PR and has substantial meat to the bone on the details.
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This is just under the radar for now .. holding , more to come here.
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SEC FILING GOOD
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Revenues GOOD
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Real Company GOOD
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Getting OTC compliant GOOD
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Share STructure amazing , REALLY GOOD
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https://www.otcmarkets.com/stock/TXHG/disclosure

https://www.globenewswire.com/news-release/2021/08/25/2286365/0/en/TX-Holdings-Reports-Compliance-with-OTC-s-Trading-Requirements.html

Good start

What’s happening here? Storage bid for 1.3 million shares

I'm aware why companies do that.

They want to save money. Big company like tile shop TSH did it recently.

Yes I saw it. There are others out there even more compelling from a fundamental standpoint. Btw, form 15 filed just now.

Half cent stock price and profitable for year.

Some volume today

Oh I'm pretty relaxed since I didn't take this down from 02.

79k traded at bid.........
relax,the key driver is the ER.I believe there is a 50/50 chance of $75k+ net income.
ps-nmxs is taking off and likely be a "hottie" in the next few quarters.

Not looking so hot this one. What's up here?

Look on the bright side.......
"Buck" is cornered,the only way out is to outperform and show us a profit of $75K+ soon.Again,I believe this can be done rather easily,by adjusting the rail margin up 2%,and hold revenue down a bit if need be. I give a 50/50 chance he can pull it off,a "win-win" for everybody,way past due since 2015.