QST, 0.45. $8 m contract from SINOPEC.QST: S/O: 25 m while insiders' holdings: 35%.
Its past 9 months revenues: $2,559,561
Net Earnings: $495,414
Earning per share: $0.02.
Recently, QST has received a $8 million contract from SINOPEC, the Biggest Oil and Energy company in China.
Based on the SINOPEC contract ($8 million) plus some other contracts, this coming year's revenues may exceed $10 million.
With gross earning margins: 20%, its Earnings may come to around $2 million, EPS: around $0.08.
At the current price levels, its market capitalizations are just around $12 million.
Revenues $10 m while Market Cap. $12 m, it's Unbelievable too Low!
The conclusion: QST is definitely undervalued!