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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

Post by retiredcfon Sep 22, 2016 8:16am
139 Views
Post# 25264445

Bruce Campbell 2

Bruce Campbell 2Here are the details for those who haven't seen it. He contemplated making it a top pick again but decided to add a bit of variety by selecting some others. GLTA

https://www.bnn.ca/video/bruce-campbell-discusses-pacific-insight-electronics~956137

PIH-T 2016-09-21 STRONG BUY Bruce Campbell (2)
 
A company that he really likes. It is under the radar, and not too many people know about it. Recently had quite a price drop. There had been quite a bit of excitement when they had grown earnings by about 30% last year and the stock was trading at less than 10X earnings. On the most recent quarter, the numbers were down sequentially, quarter to quarter, but they were still great numbers which he liked, but the market didn’t. They supply LED lighting, to auto manufacturers, and the orders tend to be fairly lumpy. Trading at a super valuation.
 
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Price:
$10.310
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
Yes
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