RE:RE:Earnings $0.49Been in since March 2021, not a huge position. It used to historically sell for < 0.5x book for a very long time. Over the past couple of years we that metric is steadily closing as perception of the stock steadily changes.
I think so long as they continue to perform so well, this will rerating continue and share price gains will outpace the growth in book value.
I too was shocked too by the strong numbers, was expecting 0.20 to 0.30 range.
Plus they state they expect sales to continue to perform well, and their new fab is coming on line.
This is such an easy play, even at these prices after the multi year run up. Sells below book, is growing, P/E of < 5. Crazy cheap.
Bought miniscule amount more for my dad and girlfriend's accounts this am at 6.30.
Nice stock nice play here, lets all enjoy the ride :-)
GLTA