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PACIFIC INSIGHT ELECTRONICS CORP T.PIH

"Pacific Insight Electronics Corp is engaged in providing electronic solutions to the automotive, commercial, and specialty vehicle markets. It manufactures & sells LED lighting products and systems, electronic control modules, and wire harnesses."


TSX:PIH - Post by User

Comment by mjh9413on May 17, 2016 12:02am
172 Views
Post# 24879675

RE:Really good financial report

RE:Really good financial reportYes, very positive results and MD&A clearly indicates mgmt are staying ahead of product re-designs working in conjunction with clients. The volumes at this time are much the result of such product development from early 2105 as well as vehicle production volumes. Even with downturn (should it occur and depending on scope) PIH should retain adequate gross margins to maintain a potential p/e and EBITDA ratio of 10 and 7 resp. So, looks like the steady sp action since late Jan/ear;y Feb should be sustained. The strength (not technical) would indicate a dollar,even two or more upside from here. GLA
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