Kind of limits the upside until something of substance either way is annouced. Of course, management could have admantely denied any wrong doing or settled it without a long drawn out review.
Money talks and BS walks and true numbers that don't lie will soon dictate higher valuations . . .
These are real revenues and gross margins are over 90%
When have you EVER seen growth like this?
Millennium Healthcare (MHCC) sales:
2011 - $224,000 Reported
2012 - $1,686,000 Reported
2013 - $1,987,000 Reported
2014 - $17,000,000 - $7.4 million already reported and $10 million within days of reporting final year
2015 Estimated from pro forma - $50,000,000 plus
2016 Estimated from pro-forma - $100,000,000 plus
Shares are EXTREMELY cheap at $.15 (Fifteen cents) but not for long.
December quarter is close to being announced and earlier indications from company conference call indicated they could be 8 digits which will close 2014 out at $17,000,000 plus.
MHCC IS EXCEPTIONALLY STRONG BUY
12 MONTH PRICE TARGET $3.00+
24 MONTH PRICE TARGET $10.00+
Sentiment: Strong Buy
If any of you recall, this was the reason given for the retirement of former ASEI CEO Anthony Fabiano...""I want to thank the Board for its unstinting support and encouragement as we grew AS&E into a leading global security company," Fabiano said. "It's been a fulfilling experience, but now it's time for a change for both the company and me. Next March, I will be 60 years old and will have been CEO of AS&E for nine and a half years. I've always felt that a CEO's tenure should be seven to 10 years because it's healthy for an organization to be refreshed with new leadership. I plan to retire and travel the world with my wife to follow my son Michael's performances as a world-class opera singer."
I watched a PBS show on Friday night which did a 10 minute segment on Michael. In it appeared his parents and I was delighted to see Anthony and his lovely wife doing exactly what they intended in his retirement. I always liked and respected Anthony for what he accomplished at ASEI and was selfishly disappointed to see him leave. But after seeing the segment on Michaels success and hearing him credit his parents for their unconditional support I came away very pleased that good things happened to these wonderful people.
Anthony, It was great to see you again in this surprise PBS epilog that I just stumbled upon while flipping through the channels. For anyone who missed it, I'm sure you can find it on the PBS website.
I feel the same way. Maybe governments and industy have enough screening equiptment and now it is just equiptment support that is needed. I would have thought that pack, container, and personal ispection would come to the forfront but it seems like the response from the turmoil at a global level is lax.
Hopefully ASM has a lot of coals in the fire but has not firmed them up yet. We are not even hearing about customer support contract of equiptment out it the field.
Is their another manufacture that customers are now going to? Is ASM still competive from a price and technology standpoint? I guess the question needs to be asked.
My only hope for this stock is a buy out. It would be a no-brainer for some large company at these low levels. I have lost faith since Fabiano left (maybe he saw the hand writing on the wall....) Anyway, the officers and management are way over paid, their compensation doesn't seem to be tied to any performance and the stock holders are footing the bill.
Well, considering that institutions hold almost 2/3 of the stocks, your statement is questionable. It is easy to just put it all on the mm-s.....