...10 more days like today and.....we'll still be under book value! Lots of room to go up from here. I still believe/guess that their FY14 starting Oct 1st will result in EPS of close to $1.00....really. Enjoy the weekend.
I think your 2014 EPS number is possible, although maybe a tad optimistic. In any case, the Street estimates for FY 2014 are wildly off base. I'm convinced the company will be profitable for every single quarter of 2014...which makes the estimates laughably absurd.
When those estimates are finally raised, this stock is going to move dramatically higher....and that's going to be no later than late this calendar year...and possibly as early as the next earnings release. I'm revising my target to $4.50-9.00 by the end of this (calendar) year. (Partly raised because of an increasingly bullish stock market environment; partially raised because of a tone of surprising optimism from management in the conf. call on the new technology they have; and partially raised because of their expression of being more optimistic than a quarter ago, in the conf. call, about the new programs a comin'.)