Bullboard - Stock Discussion Forum PACIFIC INSIGHT ELECTRONICS CORP T.PIH

Consumer Cyclical Auto Parts

"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."

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TSX:PIH - Post Discussion

PACIFIC INSIGHT ELECTRONICS CORP > Earnings out.

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Post by MuskokaJoe68 on May 10, 2017 8:08am

Earnings out.

Weak numbers, continued deceleration in business and yoy continues to be negative. Auto cycle is dead. Not expensive but no growth driver.

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Comment by gunzod on May 10, 2017 10:40am

and the stock is up .89 to 9.16 bid ???

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Comment by greenpasture1 on May 10, 2017 11:33am

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Comment by fatcharlie on May 10, 2017 11:39am

Yup I would agree. The market seems to like the earnings. A couple of good quarters will definitely us higher.

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Comment by Moogul on May 10, 2017 2:32pm

I think a lot of investors were waiting on the sidelines for much worse YOY comparable to clear before taking a position (I was...) but this quarter was actually much stronger than I expected. Looking 3-6 months out this company will be back to growth and coming from such a small base (60MM market cap) and with a better balance sheet, I believe the stock is going to trend higher. Of course trade ...more

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Comment by fatcharlie on May 11, 2017 10:51am

I have had PIH for over a year. I am still down a bit from my initial entry of $9.60 so its nice to see the stock recover. At these levels its definitely a good entry point in my opinion. Good luck to the longs.

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