Target Price: $ 18 per shareNCI is becoming a HIGH GROWTH, HIGH MARGIN business.
Management to update shareholders on margins, they said they were consistently getting more than 20% in margins.
Simple Math:
Yearly contracts: $ 10 millions per month ($ 120 million per year)
Margins: 25% to 30%
Net Profits: $ 36 million
Shares o/s: 50 million
EPS: .72 cents per share
Trading at 25*eps: $ 18 per share
Good Luck,