That you own this stock.
Why was the stock
beaten down today? Because management is just not doing
the job. Let me repeat that fact. They are not doing
their job. They probably only leave their office when
there is a very serious problem, otherwise they most
likely are at some meeting rather than attending to
producing their product or helping those who do produce.
Management IS responsible. The market reflects the future
prospects for every publicly traded company. Whatever is
going on at LMIA you can bet the stock trades with that
knowledge in mind.
Oh, by the way, where are all the
new contracts? Even in slow times companies receive
new work. Maybe they're so busy that they've not the
time to issue any press releases.
what does the Isralie order mean in terms of
dollars for LMIA?
and what about the recent move
up...i doubled down at 4 1/4...certainly happier now,
but will we have a serious move with all the good
news at Boeing?
Sold half my position today. I'm still long LMIA
and have a buy order in if profit taking drives it
back down. Looks like it'll have a tough time staying
above 5 until earnings come out. Welcome new investors!
Great fundamentals in this one.
I posted a factual statement of Leonards last
night and no wonder there were more posts than in the
history of the company being on the open market. Well I'm
glad to see you are alive, I do have to be some-what
curious as to why nobody disputes the facts. Well if
anyone out there could they would! This company has mass
potential not only in there capital but in there people.
When I hear reports from my company in the field of
disregard for the customer relations and sexual harasment
not to mention hostile work enviroments I have to
draw the line.I work in the aerospace buisness and
have for several years - never before have I seen a
company with a more dedicated work force than this
company.I also must admit that I have visited all of there
plants as part of our buisness management group.The
Management of the Tulsa plant should get a medal for what
they have to work with, The St. Charles plant is a
hard working area also. The Auburn plant next door to
the customer headquarters is a serious problem. Tell
me one other buisness that can operate were a human
resource rep. keeps quiting. There is a serious tension
between management and employees - Since the only skilled
manager Mr. Huan left the Auburn plant the facility has
been left to try it,s best and a million dollars after
law suits it's not working. Please Mr. Saks shake up
your Auburn managers.
for I see tremendous potential here in terms of
1 Long term contracts with
Boeing, Bell, Lockheed
2 Not a high flyer only 2
analyst covering it
3 Been in the Areospace
industry for 50 years
4 Debt ratio of .06
5 Cash on hand 1 share=$2.74 (FLOAT
The only downside is the name should be
My guess would be that LMIA will not hold the
peak seen today, within a few days it will probably
return to the low 4's. I base this opinion on the fact
that I believe that the prices today are a result of
the recommendation, and without some real news it
usually returns to levels previously seen within a few
days. I have a bid in at 4.25. The long-term prospects
look good, although I wouldn't be in this for any
short-term expectation of making money. Doubling in 3-5
years is the goal!
Again good luck
The Prudent Speculator recommended LMIA as
"tonight's hotline", they hihglight stocks on Tuesday's and
They state ... "we would not hesitate to buy LMIA at
prices below $4.90, as it trades for just 65% of sales,
80% of book value and 6.3 times current earnings. Our
3-5 year high valuation is $10.00."
recommendation is not based on any particular news, but rather
based on the fact that it is undervalued according to
the Prud. Spec.
If you are not familiar with
the Speculator, it is one of the better newsletters
with one of the best performances (on its own
portfolio). It is very expensive for a newsletter 200-300 per