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I am not buying here because I don't have any money lol but I am long and overweight.I was very disappointed in the stock price, not the company last year. NNBR was and is about as unloved as you can get.I got lucky and had some money to purchase around $6 the last time a few months back. The stock is very undervalued here, by about half imo. I think they pay off $20mil in debt this year and see earnings of at least $1.20. Eventually this stock will pay out big in dividends as well as ppsThe company is on the right track. They need to just keep on keepin on.
"I was very disappointed in the stock price, not the company last year. NNBR was and is about as unloved as you can get." Agreed.pay off another 20M and this thing is a great unloved buy. I will be looked to buy some more. Guess we will have to wait for the love...Auto sales are fine in the US...Only blip in NNBR business is Europe and 5% rev reduction there will still let them get close to 1.10-1.20 EPS.Tight
Don't know what to think, may add prior to earnings if we hit mid 7pps or may just wait. Got to get something positive in the call.Tight, do you think they might throw a small sustainable divy?????All holdings in the plus, but also looking a dead money.Like for Livin to chime in, if only for comfort, lol,.