How do you come up with 21%. .01 / .22 = 5%. It seems to me that the model is broken if they add 88 customers and only add .01 to their EPS. If that is the case, they need to increase their sales staff so they increase customers as a faster pace. The overhead seems to high since adding the new company. They have more personnel in the new company than the old and 1/2 the margins. Why would institutions buy this company with the upside potential of .01 per share per year? Believe me I want SLP to be successful considering the shares I own. I am just frustrated with the years and years of waiting for the upside potential and don't see management doing the things necessary to dramatically improve the EPS and get institutions interested in the stock which is the only thing that will drive the price upward.
That would be great. I guess we have to wait another quarter for another increase in price. The last 3 days the price has dropped which is not a good technical pattern. Those institutions may have sold today.
That is nice, but the EPS is what will drive the price up. Estimate is for .03 next quarter. Not much to get more intuitional investors involved. Right now the price is drifting back down as it has down in the past. Its their pattern.
The reason the market does not like SLP is because they do not exponentially grow their EPS. The either miss them, or barely make the consensus estimates. The stock will appreciate when they consistently beat these estimates by a substantial margin. The only way for that to happen is management has to be less conservative. They also need to grow revenue by more than their historical increases. Until those items happen, the market will not recognize them.