Alloy has made $.20/share in 2012. It has a book value of $1.09/share. It is generating $3.5M in cash flow per year and its market value is $8.5M with sales of $29M. This stock should be at $1.5 to $2 per share. What is going on?
Yeah, but you are ignoring that they were using the cash to pay for their expansion, then decided to finance it instead. Yes they burned cash but it should build back up now that they are paying for a loan and not putting all of their cash into the expansion project. This should be well above .50 in my opinion.
Yeah, they made 20 cents versus 14 cents and the stock is only 50 cents..way undervalued IMHO...Hey! the same situation occured with SNFCA it was way undervalued, kept giving good ER's and remained undervalued until about a month or so ago, finally it caught fire and zoomed from $3 to over $10 where is is at today...same could happen here..load your truck and be patient...you will retire rich.