GPW reminds me of NCI 12 months agoNCI last year was a not very highly visible tech company operating in the Middle East and trading was pretty dead 12 months ago. All their revenue and profit numbers were very good compared to the stock price. They signed some contracts over the spring detailing how much money they were going to make. Still not too much of a move. From the high single digits to the teens, something similar to GPW moving from 5 to 10.
After their awesome Q2 results thanks to the contracts NCI moved from the mid-teens to 40 cents and then to the 60's. Now it's been cold again since it has to get new contracts to continue the good financial performance but overall a very good move.
GPW is not very visible in a foreign country like NCI.
It already makes money and has a low price to sales ratio like NCI did.
Worked out two deals that is very profitable to them just like NCI (although the accounting for them will be different)
Not much reaction in the stock price until financials are released - happened for NCI in Q2 2013 will it be the same for GPW in Q1 2014?