GREY:VICUF - Post by User
Post by
Honestjaneon Jul 28, 2013 7:00pm
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Post# 21635528
July
JulySome perplexing movement in stock price this month. Price spins up to $13 at the same time as the latest investor relations presentation and analyst reaffirmations. Now down to below $12 in the run up to Q2 results.
A couple of comments on the July investor presentation available on the company website. Growth in insulated metal panel of 700% has a significant portion related to the acquisition of All Weather as well as some organic growth. That said what's concerning is with growth from $15M in 2009 to close to $60M in 2012 for this product, overall revenue has only increased $20M. Which means lower revenue elsewhere. Hopefully with all the globe trotting, domestic revenues are still intact. Since PTM Italy has been described as a small acquisition, I don't believe it will fill the gap. Also not much good economic news coming out of Italy at the moment.