Post by
springwind88 on Aug 02, 2010 2:46pm
Potential?
Adeptron seems to have fallen off the radar. Given its low share price, the company seems to have been completely written off by most investors. I completely understand why this is the case, however I am also wondering if the market is missing something here. Here are a few things I have been thinking about:
- Adeptron was fortunate to have survived the recession and now seems to be growing again. As far as I recall, the company reported that they had booked almost 90% of their planned bookings for the year by June.
- Some of the activity for this year is from customers who have just started to ramp up production, and there is always the chance that some of these new customers will start to increase their orders. For instance, Adeptron announced contracts with some military OEMs who could potentially scale up their orders quickly if Adeptron shows it value.
- Adeptron still has a pretty good operational strategy in place and has fine tuned its practices as a result of the recession. The even added a new partner in Mexico recently, which should prove helpful from a marketing point of view.
I have no idea if Adeptron will finally make a lasting break though this time, but it seems to me the potential is there. Any thoughts?