RE:RE:RE:RE:is it going down or up
Company article written May 2015 had share price already in the mid teen range and valuations then were on trailing earnings as all PE ratio's are-on expectant earnings stock remains significantly discounted-some similar sized companies in the US and some defunct Canadian companies that didn't survive the deep 6 route where selling at valuation in the $20 range-I can link that company later tonite if I get time.
The article linked earlier goes on to state PSP is the supplier of first choice with a loyal repeat clientelle-if any party is responsible for not equipping their military personnel with required and pre-requisite protective body armor its not from PSP product line it would be length of time thru purchase order process-you have RCMP without adequate assault rifles in their vehicles out in the line of service unable to return like fire-theh list goes on.
Contract leads were long in the que back in May 2015 so on the order front I would imagine things are in the near closing contractual stage -concurrent to that the company had./has a record order back log for body armor product stated as of April 2015 and executing on that
will be a prime focus to all the obvious positive implications.
SS
goldbullet wrote: Thanks for the great idea !
I don't dispute anything you have said, but considering the share price was 4 cents a little more than a year ago, a bunch of the positive is already baked into todays price. Canadian Milatary contract more than a couple years overdue on the 5 yr life-cycle assumption. Are we to assume we are putting our soldiers at risk, or maybe exploring alternatives ?