I think you nailed it on the head in a prior post....management has efficiently expanded without using much cash ...Since they are now operating at a positive cash flow and are forecasting higher revenues (little revenues were generated from the US in Q1 and German capacity was expanded) and significantly higher gross profit margins for the balance of the year (mainly from service sales), they should not have a need for their $60 million in cash...they may have also found a way to expand into Asia cheaply....The latter would be very positive for the stock and growth prospects for 2016 and beyond.
They may also believe that their stock is very cheap (which I agree)...This will also put a floor on any market manipulation that may be occurring.
You may be right with respect to the manipulation...I see it trading to the Feb. 13th high of $10.40 soon or after the next reporting and remain at that trading level...with GPM between 40 to 45% expected for the balance of 2015,.this is a no brainer.....the company has no cash burn and is significantly better position with the US sales growing "progressively, capacity added in Germany, and sales force in place....they should also generate more systems sales in the US after their products' and applications are expanded by end industrial users...these orders/sales historically lagged about six months to a one year...With China and India coming in 2016, the company revenue growth in 2016 and 2017 should continue to be impressive and will be very attractive for an industrial company to buy like Honeywell...their present market cap is a drop in the bucket to buy a turn key very high growth business in 4 continents.
Another excellent entry point for another short term trade and long term home!...Listen to the conference call at 1-877 870-5176; Conference ID # 13607605...the analysts were pleased with the results...This is the only 3D company that is growing and focusing on commercial applications.
-Positive cash from operations of $745,000 EUROs, despite” little revenue contribution” from US operations in the first quarter, with fully loaded costs/ expenses.
--Expect much higher GPM of between 40% to 45% in subsequent quarters, as service revenues are projected to be slightly higher than systems revenues for the balance of 2015
Business activities in all locations “remain strong”
-Expect “progressive” revenue growth in the US
-Extra capacity in Germany increased revenues by 30% in the first quarter
-Have excess capacity in the UK and can add more systems there
-Added 8 sales agents during the first quarter of 2015
-Announcement in latter half of the year for India and China
-Research and development focusing on sand technology
-Head count by end of year will grow only to between 240 to 250 from 210 presently.
The Future is Unlimited!...Last time to buy cheap before conference on March 10th and earnings on March 26th.
VX500 FOR THE AVIATION INDUSTRY
Aeromet is one of the most innovative foundries in England. The company specializes in the manufacture of components for the aviation and aerospace industry. The Brits have perfected the investment casting of aluminum special alloys that are typical in the aviation industry.
The company's decision to invest in the compact VX500 3D printer from voxeljet is based on a number of reasons, explains a company spokesperson: "First, the 3D printer allows us to manufacture very complex molds, which would either be too expensive or impossible to make using conventional methods. Secondly, we were able to significantly reduce manufacturing times while simultaneously lowering our costs. And last but not least, on a technical level the prototypes are now closer to the subsequent series components than ever before."
The integration of the VX500 into the production environment was completed without any issues. The compact unit did not take long to install and immediately went into operation. The qualified staff was very excited about the easy operation of the 3D printer. Following a short training and introduction period, the staff has already become very proficient at operating the machine, which is used for printing so-called lost plastic models exactly according to CAD data for investment casting. The models impress with a high level of precision and good burn-out characteristics, even for complex molds.
Aeromet's customers in the aviation and aerospace industry value the advantages offered by today's 3D printing technology. They benefit not just from lower costs, but also time savings and advantages for the evaluation of their prototypes.