Recent

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

Biomerica Inc. Message Board

  • o08o.ugh64w o08o.ugh64w Oct 9, 2013 6:11 PM Flag

    Still grossly undervalued

     

    One day it's going to take off. Who knows when that day will be, but it will come.

    We're currently sitting at PE = 13, P/S = 1.0, 34 cents/share cash, no debt, 78 cents/share tangible BV, current ratio above 9 and very hefty insider ownership. It's a pristine balance sheet.

    These are silly cheap numbers for a profitable company in this business for as long as this company has been. With the new China distributor, sales are going to be ramping up and earnings will follow.

    The recent hiring of Merriman shows that management is fed up with the markets not valuing the company appropriately. Eventually it will be valued properly and that share price will be closer to what Brian Marckx at Zacks Small-Cap Research has been indicating this entire year.

    This topic is deleted.
 
BMRA
0.7902+0.0001(+0.01%)Mar 27 3:44 PMEDT