RE:RE:RE:2016 will be the year of EFLLet me explain to you why this will not happen in 2016 (but you can hold out for 2017 ;-)):
When EFL acquired the plant in Germany, the plant there was to be closed because it was not cost-competitive. Sankar Das Gupta reasoned that he could lower the cost by his proprietary non-NMP process. One year after the acquisition, we learned from the Management Discussion paper that
1.) The conversion to non-NMP manufacturing has not yet started
2.) Will not be completed in 2016
I know that you do not read income statements, balance sheets, cash-flow statements or management discussions. That's where I come in: I do this just for you, Varadero!
I can now tell you that they will continue to be non-competive on price throughout 2016. The choices: get the orders in and produce at a loss (which will not get the share price over $1.-), or try to drag orders out until 2017, with a commensurate loss of customers.
Ths is a terrible position to be in. Maybe they have a patient bank, maybe Sankar coughs up his own money. Whatever. But the share price will not go to $8.- in 2016 any more than the Pope becomes an Grand Ayatollah.