Strad Inc STRDF

In Today

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I bought today. Missed the initial run but in the last few months they have made the moves necessary to be exceptional going forward. Unloading the production division increases there margins and gave them some cash, the move into the states is going well, instituted a dividend and the creation of Strad Innovation gives them some major catalysts moving forwards.

 

If there expanion into the states continues along with a successful move into tanks I see a major revaluation occuring. At a current market cap of 220 million if they expand their current business by 9% we are looking at a good investment. If they can leverage there current relationships, distribution centers and production facilities to achieve even 2% market penetration in tanks by the end of 2013 we are looking at a major win.