explain the 100% sales growth in light of your 40 to 50 same type of companies performing the same type of business......
were talking markets with billions of dollar of sales. EFOI has best product out there. The money raised is to handle working capital to continue to expand at the 50 to 100% growth. Market will realize this soon
they have too much organic growth going on to do any acquisitions. They are likely on the radar of others to be acquired though.
You owe shareholders a big bone after your bonehead secondary! Lets hear some big contracts!
likely not management but the underwriters/investment bank and worth the SEC looking at them but it's past news and now we need to hear from company on new contracts. In other words get back to work!!
If you were an insider, I wouldn't think too much about this company! lol
The fact that your not makes me love it now!!
yawn, your so full of BS, spend some of those imaginary millions on correct use of english!
nice gap to fill back up to 29
listen to last quarter conference call only 100% YOY sales gains and strong earnings, not the environment to "fill your broken leg"
still a small float, fast growing company now with 35 million and no debt to expand even more rapidly. Institutions will start to notice and we will see the momo guys move back in.
with PE of only 14 and growing rapidly it is way too cheap here and great time for Acuity to make a bid
could be a 40+ stock real quick on buyout from Acuity Brands. They are big boy in industry and need EFOI to beef up segment that they are weak in.
now that the insiders have sold more stock a buyout by Acuity Brands is possibility and would make a great fit!
Now is the time for them to make a offer
but it did create a huge buying opportunity for those that jumped in yesterday morning! Now company needs to throw some bones with some big order wins!
not at all, PE ratio at this level is 14 and they are growing at over 100% rate yoy and last quarter 25% qtr over qtr. Company needs to roadshow themselves to institutions, thats why their secondary was a flop! BAD Underwriters for not doing their job!!!
this time with 35 million cash and no debt and only 11.5 million shares with float around 6 million, still very little and growing at 100% + yoy