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MFRI, Inc. Message Board

  • fabulouspoodle fabulouspoodle Jun 17, 2013 3:51 PM Flag

    Added MFRI today, after buying on earnings day....

    ..MFRI has moved higher in reaction to strong earnings, but considering she's in the early stages of a turnaround...with backlog up strongly, management optimistic....posting the first positive eps quarter in eighteen months followed by the just released .28 eps quarter....seems overall we may be seeing a decent amount of .25 - .50+/share quarters going forward. Albeit MFRI certainly has a history of lumpy sales, so any quarter is a guess...still, lots better than the big negative earnings quarters of the past year and a half.

    Historically...when MFRI has posted huge big eps numbers, the share price runs. Thus their 2008 high of $18, and 2007 high of $31. Who knows what this new up cycle brings. But while its hard to see MFRI over $30 in the mid-term, she certainly doesn't have to move anywhere near that high to still make big percentage gains from current levels.


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