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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 Sep 01, 2016 12:54am
86 Views
Post# 25198102

RE:RE:RE:RE:RE:RE:seeking alpha article on PIH from July 5

RE:RE:RE:RE:RE:RE:seeking alpha article on PIH from July 5If referring to moi, I am suggesting that current question of the auto industry's future prodn numbers (particularly in North America) and any prevailing Union negotiations might not impact share price negatively. The numbers they release will be deserving of a reasonable multiple since they should prove TTM over $1.75 per share and an increasing revenue and earnings trend. An 8 multiple would support $14. I further trust that we receive positive future earnings news from the company about the time of the release. They are acutely aware of the importance of R&D and staying with and ahead of trends and meeting the transport industry's specific needs . The acute lack of liquidity and residual profit in this stock will continue to create big swings, hence my hope for a brokered pp and greater float which, together with real institutional interest, should help diminsh latter's effects. I'd personally hope to see a move to $16 in the near future.GLA
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