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BTU International Inc. Message Board

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  • fabulouspoodle fabulouspoodle Dec 2, 2010 11:50 AM Flag

    It is about time for btui to make a move up

    hey pj,

    BTUI could make a move up from these levels, seems like a decent value, especially from a longer term perspective.

    But on the flip side, I can understand why enthusiasm hasnt been there since earnings, at least for short term traders. They stated in the release and CC that December earnings will be hurt a bit by additional expenses as they ramp sales. Thus earnings estimates for the December quarter have come down from .19 to .14/share since earnings.

    Now, short term traders would look past that, since the sales ramp is good. However, BTUI also stated that revenues would decrease sequentially in the March qtr as they have eaten through some of their backlog, and demand is not there to make it up completely. Thus, the Analyst Estimate is for earnings to decrease from .14 to .11/share in the March qtr.

    Anyway, I'm just rationalizing the lack of interest. What BTUI could use is some big a$$ new orders to build up that backlog. Like their competitor, and very similar company, ASYS has been doing.


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