RE:RE:RE:RE:Fun to WatchWell I just entered into this as a new position, so at least new investors like me may are entering into tax loss selling over the next three weeks. I was waiting for the valuation to come down. 1.16, 1.20 does look like support to me. ROE was strong in the last quarters and instantly caught my attention, price book is pretty high but the company is small overal, so it may grow into the price book and make it smaller with organic growth. It will concern me if next quarter is weak, because the high price book implys solid growth potential.
Doubling staff sounds promising. I bought just before the last quarter and should have stuck to my rule, never buy when a company switches facilities and hasn't optimized all its capital into operation, but I think it will ramp up "ok" and since the facility is ready, next quarter should bounce.
Now forgive me for being lazy, but did anyone catch notice of management commenting on "down days" anywhere? Im just thinking that training of employees, office moves, production restarts could have impacted a few processes....but not that many, since they have the old facility as well.