Post by
theinvestor22 on Nov 22, 2014 1:06pm
Oh yes, I should also mention...
...that working capital less long term liabilities = 8.4 cents/share, which is pretty good. That, plus earnings of about 2 cents per share, should support a much higher share price. Even with a 12% increase in sales, 2014 wasn't a break out year but, now that new products are in the market and the company is reorienting towards sales, I think 2015 could be much better. If the company can increase sales again - and see that increase go to the bottom line - the stock price could double fairly rapidly. As usual, time will tell...