RE:Still undervalued...Reading the National Post article it wud seem Embraer has sort of won the battle in a certain range of business jets and, to answer my own question from several posts ago, they do not seem to have any Embraer business as theur segmented info states Canada (26), USA (58) and Europe (28%)...they also rely on 3 customers for 91% of business which, I guess, is to be expected given the range of aircraft manufaucturers but it was 5 in prior year.
Another peculiar thing is they talk of only the water segment even though there surely has to be legacy tankless water heater business and they did introduce the new modelsof these in October 2014.
The performance in last qtr was not unprecedented as they did almost the same in first qtr of 2013.
I did buy back in after selling on the warranty issue news but not too sure what to expect going forward with info to hand...and they never told us they 'lost' Embraer contract or why.