$325 million and .80 net income/sh fully diluted 13.8 million. debt only $50 million down from $100 million a year ago bk value with minority interest $15.59 cash/sh with restricted cash $5/sh unrestricted cash $50 million business very strong - esp thailand is rocking should show rev of $450 million for year and earnings of $1.05-$1.10 for 2010 all for $6 Amex or nasdaq listing coming very soon- management has filed and could happen anyday! dog and pony today analyst meeting on the 18th may institute div program later next year introducing new products in all country sectors building new plant in china- ready by dec 2011 worth at least $10-$15 today not $6 bought additional shares today @ $6 - christmas comes early!
Just got some at 6.15 after trying 5.90. The 10 minutes it took to fill at 6.15 when that was the offer tells me there really isn't any stock around. They shorted and tried scaring some in. Not working. If buyers come in, as they will, we will be back at $7+ in no time. Great opportunity.
I am sure that the market maker is not shorting this stock because it is very thin- the idiot seller most likely cannot read or think after listening to the conference call or maybe he or she listened to a different call ! If you want this stock sitting on the bid maybe you get hit if you want to own it you buy it! Dog and pony for awrcf.ob is on the 18th @ 9:20 am ny time- stock will be over 7 by the time the presentation is over! Remains the cheapest stock in my portfolio