year end number are out for 07- stock remains super cheap
rev 510 million net of .35 ( copper prices cause lower profits) book value around $10./sh but does not include paid for land and buildings most likely worth another 2 to 3 dollars. cash around $2.50/sh book value increased around 1.50 over last year nasdaq listing promised during 08 looking for new opps in Asia biz continues to explode in china, thailand and Australia PSR=.185---sub out the 100 million debt trailing PE -15.7x book--trading a 1/2 stated bk most likely bk is much higher because of paid for land and buildings enamel wire division hurt profits and currency exchange during late 07 and 08 copper recovered and awrcf.ob will benefit because of cheaper copper selling for greater profits. rev was 510 vs $468 million for 06 total cash including restrict $50 million vs $40 million or $3.62/sh in cash all this for $5.50 super cheap winner!!!!!!