ADF Group Inc T.DRX

great 2nd q results

[microcaphobby]

Listened to the conference call and margins will only increase from here . Even if one deducts the one time gains this quarter, the company ought to make at least 45 cents a share this year. Stock should hit $3.00 by end of the year.

[WizardFuture]

Yeah, it's a no brainer to keep the stock. Book value is over $3.5 now. Management is really smart with the new automated line. Should be $2.5 at year end in my opinion. Good volume today. I accumulated in the past months and I am really happy about it. 

[microcaphobby]

This is not near its peak of earnings. All the infrastrucutre spending is just coming on line . We are in year one of  a 5 year business cycle. Peak earnings would be north of $1.00  a share.

[WizardFuture]

I just listened to the ADF results conference calls, it's even better. I completely agree, it's not at its peak. Their backlog is great, and as it was said in the conference call, the second half of this year will only be better with the automated line. And I like the fact the capex will be limited in the next 18 months, so their cash balance will be really good. The share will improve

[DempsterMill]

fingers crossed! Happy to hold.