a picture on the fundamentals, turn to the charts. Pull up the 50 and 200 day moving average (Yahoo). Note that the only time the stock sustained a rally above the 200 mark was mid-'96 period. Stock is currently trading above the 50 mark and looks like (with a little push northward) it will be trading above the 200 level.
May be this will attract some interest. Obviously, a lack of reporting on the fundamentals pushes away the buy side. GFB
I've got a stock, LoJack, whose product will usually catch a car thief within an hour with the help of the police. Ten years ago, it wasn't feasible. Now it's a necessity. Magal is the same deterent to intruders and electronics have come a long way toward sealing a border or company; the fail-rate is now near zero. The similarity between the two companies is now greater, because the Israeli government has exclusive orders with Magal.
Sure, MAGSF has been in a downtrend, but the question you should be asking is whether the world is ready for a new wave of terrorism. Are companies up to speed, yet? Has a perimeter defense system become a necessity? Hussein now has the US withdrawing some forces, and as they gain confidence (or obsessiveness) there will probably be more skirmishes in the no fly zone. Every terrorist activity that occurs will invoke conspiracy theories. We all know that in the world of electronics, a couple years development is generations. Business has to keep up with changes because the terrorist does too.
It's inappropriate to judge accounting methods. They ARE reporting to the SEC and if they are giving the SEC different figures than the ones they give us, the SEC is entitled to a '3 times discrepancy' restitution. One method of accounting MAY be better than another but the bottom line is that as the outlook on terrorism becomes more pessimistic, the company will be perceived a more valuable asset.
You can't make a case for 'loading up the truck with MAGSF' but I don't think I'd want to wait for more acts of terrorism either.