Q: Peter and His Wonder Team
I have been a loyal share holder for years and am down of course. These results look good...However...please tell me... if they should help the stock price knowing of course there is not guarantee only favourable odds. In other words does it have any kind of future progress or is my loyalty really unwarranted. Your opinion is always of great help...thank you immensely.
I have been a loyal share holder for years and am down of course. These results look good...However...please tell me... if they should help the stock price knowing of course there is not guarantee only favourable odds. In other words does it have any kind of future progress or is my loyalty really unwarranted. Your opinion is always of great help...thank you immensely.
5i Research Answer:
EPS of $0.009 missed estimates of $0.033. Sales of $145M beat estimates by 7%. EBITDA of $27.3M was 1% better than expected. The balance sheet remains quite leveraged, with $88M (net) obligations against fairly low (and variable) cash flow. But good EPS growth is forecast this year, and 20% forecast for 2025. The stock is VERY cheap at 5X earnings and the stock is acting better. The sector backdrop has improved a bit. Insiders still own about 24% with very little selling in the past six months. Its cyclicality and small size add risk, but we think if an investor has been patient this long it deserves some more time, based on potential and valuation.