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Astrotech Corp. Message Board

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  • beast511 beast511 Mar 9, 2011 10:12 AM Flag

    Announcement stockholders meeting

    Company has almost $40 mil asset and company values at $22 mil. What is going on here? I guess most investor is expecting no profit in the future business. Is this industry loosing ground or what?

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    • The business is cyclical with quarters oscillating from profit to loss to profit etc, most traders are not that interested in working out when the cycles change so they wait for the quarterly statements to tell them when to buy back in volume. We are in a quiet period before profit returns which is looking like the next quarter. Conclusion, most investors aren't prepared to do serious DD on a stock this small to be ready for changes in profit cycle. The price it's at is just an accident of all the trades that went before, bears no real relation to the value of the company long term which is very good, ~$100m at least.

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