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SMTC Corp is a provider of end-to-end electronics manufacture services, including product design and sustaining engineering services, printed circuit board assembly, production, enclosure, cable assembly, precision metal fabrication, systems integration and comprehensive testing services, configuration to order, build to order, and direct order fulfillment. It operates through the following... see more

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SMTC Corporation > Now what?

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Post by JimWright on Jun 01, 2013 10:34am

Now what?

A bit of an over reaction to the departing co-CEOs. We seem to have stabilized back where we were prior to that annoucement. This still trades at a decent PE, but I wonder if it shouldn't be growing or selling it self....staying where we are will be tough, ie little guys don't do so well. I would be happy to sell all my shares for $3...not what I would like when I first bought, but happy to get out with a small loss. Hope to see that over the next 12 months, an almost 40% return from there levels.

With the Canadian facilities closed, and Can CEOs gone, may we see a delist in Can??

Anyone else out there follow this?

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Comment by JimWright on Jul 30, 2014 1:04pm

Its been awhile since that last post. Not much good has happened, but I think the support has been encouraging and I'm taking some profits from elsewhere to take a bit of a gamble on buying this back below $2. A good quarter or two and this could easily track back to $3.

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SMTC Corporation