Last trade $1.52 up 13% ...
Could double of more tomorrow after earnings.
Keep an eye on DRAM's earnings tomorrow. If The company delivers its current guidance and reiterates Fiscal 2016 guidance the stock could be trading North of $5 in a hurry
this is a small company that probably does not want to waste money hiring an IR company
They also sell into cloud servers....TWTR, FB, etc
The stupidest thing is to fall in love with a stock that has gained almost 1000%
DRAM will double after earnings next week on the 14th. 2M share float will explode
AVNW will go at least to $1.5 after September 4 earnings.
All three of them will triple in a year....mark this post
Great article.....great vision.....everything the author said is coming to fruition
Great opportunity to buy at bargain prices due to manipulation of low floater pps
- 2M share low floater
- Market cap is $3.2M
- Revenues of about $30M
- Trading at little over 0.1 X sales
- New CEO David Boylan has recently purchased 200,000 shares at an average price of $1.5/share
- DRAM has guided for return to profitability for Fiscal 2016 – after 4 years of significant losses.
Per the following August 10, 2015 guidance, Dataram Corp. (NASDAQ: DRAM) will report a strong fiscal 1Q 2016 on or before September 14, 2015.
“In Q1 FY2016, the Company projects gross, operating revenues of between $7.2 to $7.4 million, and operating results between break-even and a net loss of $50,000.”
“For FY 2016, the Company projects gross, operating revenues of between $28.0 to $34.0 million, and operating result between a net loss of $100,000 and net operating profit of $250,000, in each case exclusive of the impact of one-time charges and events.”
Returning to break-even and profitability after 4 years will cause the stock to gain significantly from its current ultra-low valuation.
During the August 10, 2015 Fiscal 4Q 2016 earnings release, DRAM’s new Chairman and CEO Dave Moylan commented:
"2015 was a pivotal year in the Company's history. We entered FY2015 with great uncertainty and an uncertain future. With investor support and a new leadership team, Dataram implemented an aggressive financial and operational transformation of the Company in order to establish a strong foundation for profitable inorganic and organic growth. We re-focused our efforts to concentrate on what we do best, and have done extremely well since we incorporated in 1967 – delivering customized memory solutions into complex technical environments for our business customers around the globe. In the last eight months, we made many difficult and necessary decisions to ensure the Company remained viable and relevant. These efforts have resulted in quantifiable bottom line improvements; a leaner, more flexible workforce, who can better respond to market and customer needs; and a strategy designed to facilitate partnerships and development of M&A strategies. They have also afforded us optimum strategic flexibility. We have removed more than $3.5M in annual operating costs, with the full effect of these reductions beginning in June 2015. We are also recognizing advances in sales activity. With the business re-aligned, we are turning our focus to profitably and growing the business -- both organically and inorganically -- to drive the next stage of Dataram's evolution."
Dataram, founded in 1967, is an independent manufacturer of memory products and provider of performance solutions that increase the performance and extend the useful life of servers, workstation, desktops and laptops sold by leading manufacturers such as Dell, Cisco, Fujitsu, HP, IBM, Lenovo and Oracle. Dataram's memory products and solutions are sold worldwide to OEMs, distributors, value-added resellers and end users. Additionally, Dataram manufactures and markets a line of Intel Approved memory products for sale to manufacturers and assemblers of embedded and original equipment. 70 Fortune 100 companies are powered by Dataram.