Even the latest phony attack from TheStreet article admits this is going to be a buy in the "future"... which is exactly why BSI stock is moving up now fast now.
TheStreet QUOTE: "Turning toward the future, the fact that the stock has come down in price over the past year should not necessarily be interpreted as a negative; it could be one of the factors that may help make the stock attractive down the road. Right now, however, we believe that it is too soon to buy."
YEAH, OK... so, again, why is this stock moving quickly up now??? FROM BSI Year end Report... "Year ended 2011 The sales in 2011 amounted to NIS 12,482 million (U.S. $3,267 million) compared to NIS 8,504 million in 2010* (an increase of 47%) and the operating profit amounted to NIS 287 million (U.S. $75 million) (an increase of 19% compared to the corresponding period last year."
BSI (as read per it's year end report) is currently cleaning up ship cutting costs, increasing gross revenues, launching cell services without expense in building the infrastructure, etc.,etc.,etc.
Comments of Management (paraphrased) Mr. David Weisman Active Chairman and Chief Business manager - "In 2011, we commenced the group reorganization... As we look forward, we intend to focus in 2012 on the improvement of the operating efficiency of the companies, adapting to the market condition and developing new segments.