Absolutely! Especially since C&C will not be part of Q4, unless they do Pro-Forma. As previously mentioned, $20 million + rev.; EPS of $.08 - $.10; Backlog of $30 million+ and I think you're off to the races.
Take a look at Goldfield Corp (GV), currently at 2.40. Their name is a bit misleading, as they have nothing to do with the mining industry. Their primary business is Electrical Transmission construction. Revenues are about $80 million annually, and should earn about $.15 - $.20 per share for fiscal 2013, which should be reported in the next week or two.
You're starting to hear more and more in the news about how vulnerable the Electrical Grid system in the U.S. is and how there needs to be major $$$ invested. The company has been expanding it's geographical footprint, so this should bode well in the future.
GV stock ran up about a year ago when they were awarded a $52 million project in Texas, which they completed this past Aug. The stock got ahead of itself and sold off, but has been building a nice base over the last nine months, and appears ready to start moving back up.
They were able to use the financial benefit of the Texas project to purchase new equipment, as well as buy another ET firm in Florida for about $7.5 million in Jan., which should add nicely.
I'm anticipating them to report Revenues of at least $20 million and EPS of $.06 - .$08 for Q4. These will be lower than the previous year 4th qtr (Texas Project)., but higher than Q3. But the key number I will be watching is their backlog, which stood at $24.6 million at the end of Q3. I'd like to see something close to $30 million or better.
I've been accumulating shares since last May with an avg. price of 2.11.
I'm not one to pump other stocks on this board, but it you're interested in my current stock I've built a position in, let me know.
Shares I accumulated in 2011 for an avg. 4.45 have slowly been sold over the last year. I think it's fairly priced here until their video products start contributing. With the market at nose bleed levels, I think it was good to raise cash levels here.
But just because I don't hold, doesn't mean I'm going away.
Remember that the upcoming 4th qtr report will be going up against a strong 2012 Q4 when they earned $.17. This will affect the PE ratio.
Looking for at least $20 million in revenues; $.08-.10 EPS; Backlog of more than $30 million. The trading action over the last couple of weeks, makes me think good news is coming.
Do people realize that Desert Hawk only expects the Kiewit property to run for 2-3 yrs.? This is not a long term project.
They said they are keeping there operations in FL. I'm thinking they will keep as is, and that the main reason for the acquisition is to insure future supply of products.
Since Sabine was private, we don't know what the financials are, other than the debt they will be paying off.
"Acquisition of Sabine, Inc. secures continued access to product central to ClearOne's growth strategy"
Maybe they were worried some competitor would buy them and they'd lose access to the technology. Not a bad move.
CLRO announced the acquisition of Sabine, solidifying co's industry-leading portfolio of professional microphones.
•With the addition of Sabine, ClearOne will have reliable and exclusive access to the wireless microphones that are a critical component of ClearOne's complete microphone portfolio.
•Under the terms of the transaction, ClearOne will pay approximately $7.5 million in cash and $1.5 million in ClearOne shares.
•In addition, ClearOne will assume and pay off Sabine debt of $1.25 million and make earn-out payments over the next three years, based on achievement of certain performance criteria.
•Sabine has partnered successfully with ClearOne since late 2012, supplying the wireless microphone systems sold under the ClearOne brand.
Heard back from Narsi. Said the drop was due to the Stock Buyback during Q4. Prior to that they had reduced Add'l Paid In Capital. Wasn't sure you could do that, but he's the professional. Said it should be more clear when the 10K is released.