Post by
Possibleidiot01 on Apr 05, 2023 8:42am
earnings out
"The year 2022 was challenging, but overall, very positive for the Company", said Derek S. Webb , President and CEO.
Some one time expenses hurt results ( see Hawaii) but with 10 cents in earnings for the year , the stock is ultra cheap IMO.
$38 or 38.9 million in backlog .
""The Company was also successful in negotiating a settlement for a legacy legal issue relating to a contractual dispute in Hawaii from 2010. We are pleased at being able to allocate the additional bandwidth to the core activities of the business and the several growth initiatives underway. 2023 will see further expansion of the dry scrubber product line, both in terms of standard system offerings as well as expanded geographical coverage. Management is excited at our prospects for the coming year as we continue to execute on our strategic plan to accelerate growth and liquidity."
Comment by
KnowledgeSeekr8 on Apr 05, 2023 9:18am
I agree, very cheap at these levels with those earnings and growth along with a very solid backlog. Scubbers grew to $9 million also showing great promise. This should jump to min $20 million market cap and honestly should be $25 - $30 cap. Translation $1.60 - $1.95 per share Keep holding, the moment this gets noticed we will see it rocket. Also there is potential to be bought out too GLTA