1 year target: $5++
Two weeks ago, Israeli-beased ELTK - a manufacturer of specialty PCBs to the medical, aereospace, and defense industries, reported its return to profitabilitywhile showing a significant turnaround in revenues as stated by the CEO in last quarterly report.
The 4c/share net income is just the start towards the comopany's path to 10c/share or more quarterly net income. The company aims to increase revenues and net income by expanding its reach in the US and Canada where demand for its high-reliability PCBs is growing exponentially in the last two quarters and by continuing to make efficiency improvements with state-of-the art recently installed and commissioned.
The company announced yesterday:
"Eltek Receives Orders Amounting to $1.1 Million From Three U.S. Customers in the Medical Device Sector"
These are significant wins for a company with a $10 million market cap and trading at 0.2 times sales.
The company is well-managed by CEO NIssan who is the best known owner in the PCB and related industries in Isreal. He operates his Nistec family of copmpanies with discipline and class. Nistec purchased 51% of Eltek two years ago and just now it's stating to show positive results. CEO stated that he expects sustainable and growing profitability going forward.
Do your DD on this 4 million share float gem while the market is weak and the symbol ELTK is still off the radar.
Have a great weekend ya'll......even the #$%$.....we know who they are .....LOL
Hardware Design Engineer Irvine, CA [CA] 4970 USA
Marketing Analyst Irvine, CA [CA] 4938 USA
Senior Product Engineer - Verification Test Experience Irvine, CA [CA] 4902 USA
Area Sales Manager Boston [MA] 4864 USA
Sr. FPGA Design Engineer - ASIC and IC Experience Irvine, CA [CA] 4406 USA
it's all here:
SEE YA AT 45C NEXT WEEK
Aeterna Zentaris Announces Extension to Regain Compliance with NASDAQ's Minimum Bid Price Rule
PR Newswire Aeterna Zentaris Inc.
June 18, 2015 7:30 AM
QUEBEC CITY, June 18, 2015 /PRNewswire/ - Aeterna Zentaris Inc. (NASDAQ: AEZS) (AEZ.TO) (the "Company") announced today that it has received notice from the NASDAQ Listing Qualifications Department ("NASDAQ") determining that the Company is eligible for an additional 180 calendar day period, until December 14, 2015, to regain compliance with the minimum $1.00 per share required for continued listing under Listing Rule 5550(a)(2). The Company's shares continue to trade on the NASDAQ Capital Market under the symbol AEZS.
Per the notice of deficiency received on December 16, 2014, the Company had a period of 180-calendar days, or until June 16, 2015, to regain compliance with the minimum bid price requirement. Following a review, NASDAQ determined that the Company was eligible to receive an additional 180-day period on the basis that Aeterna Zentaris still met the continued listing requirement for market value of publicly held shares and all other initial listing standards for the NASDAQ Capital Market, with the exception of the minimum bid price requirement.
To regain compliance, the closing bid price of the Company's common stock must be at least $1.00 per share for a minimum of 10 consecutive business days. If compliance cannot be demonstrated by December 14, 2015, NASDAQ's staff will provide written notification that the Company's securities will be delisted. At that time, the Company may appeal NASDAQ staff's determination to a Hearings Panel.
Thank you for the link. Never heard of this company until someone mentioned on another board. Unbelievable bargain!!!
This stock recently formed a double bottom chart pattern at around 25 cents per share. Since that bottom, this The stock has now started to spike sharply higher and is quickly moving within range of triggering a major breakout trade. That breakout will trigger if shares of Lpath manage to take out some key near-term overhead resistance levels at 30 cents to 32 cents per share and then above more resistance at 34 cents per share with high volume.
Traders should now look for long-biased trades in Lpath as long as it's trending above some near-term support at 27 cents per share or above those double bottom support levels and then once it sustains a move or close above those breakout levels with volume that hits near or above 435,494 shares. If that breakout gets started soon, then this stock will set up to retest or possibly take out its next major overhead resistance level at close to 50 cents per share. Any high-volume move above 50 cents per share will then give shares of Lpath a chance to re-fill some of its previous gap-down-day zone from May that started near $1.75 a share.
Highest risk/reward ratio in the major leagues
Pretty exciting partnerships with Solar Edge, Huawei, and others.....Great!!
They were not because they did not want to.....With the huge China demand they are now and will be in the future
SNDK will buy NLST from $3 to $4/share
July 8 is just a few trading days away with the July 4 holiday right in the middle
Get in before 2Q 2015 earnings in 7 trading days
Do your DD before July 27 blowout earnings.
Good luck here and Enjoy!!!!
in fact LPTN will close green today......call the company yourself....:)