Recent

% | $
Quotes you view appear here for quick access.

Universal Security Instruments Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • mmmparsley mmmparsley Feb 28, 2009 12:37 PM Flag

    Ludicrous Drop Today

    That's right, but clearly it is not going to effect demand bt end-users at Home Depots accross the country. Also if UUU is stocking 50 of their higher price point smoke alarms at every of HD's 2300 locations, then sales to HD would be more than offset.

    Next quarter is their weakest of the year due to the Chinese New Year which lowers HK derived earnings. So any number out next quarter will likely be trough earnings for this company. I still expect earnings north of 300K, as this quarter would have been around 500K if they were taxed nominally and declared half of HKJV profit - which they didn't - perhaps due to some accounting GAAP stuff for declaring inter-company earnings. I'm not actually sure how that accounting rule works. Some help?

    Dave

 
UUU
3.600.0000(0.00%)Jun 30 1:27 PMEDT