IF NAII earns $1.20 over the next 4'quarters. Slap a 20 PE ON THAT. We have a $24stock. Target could even be higher based on the $4 in cash with zero debt. Imo. Long and strong
I realize we may not want to shrink the float. But with the cash why not eliminate his overhang.
I think you are missing a filing. 2/11 he filed to sell 100K, that was sold. 3/1 he filed to sell 230K shares. As of yesterday I think he still had around 180K shares left to sell. I bought more at 11.
ROTH Capital downgrades EFOI to Neutral from Buy and lowers their tgt to $20 from $23 on a fair valuation and increasing risks to co's rev trajectory. While co continues to make progress on commercial markets, a pending RFQ with the Navy likely leads to alternative T-LED suppliers serving the market, and firm expects pricing to be adjusted downward. Heavy insider selling also impacts firm's confidence levels. Firm waits for stronger evidence of earnings from commercial product success before potentially becoming more constructive.
At the current tax rate AMOT should earn $1.80. Last 2 Qs minus extras has been around 45c. Is the tax rate supposed to change going forward? Why are they paying such a low rate now. Long from 18 to 28. Then watched it go to 40. Looking to get back in. Appreciate the help.