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Nortech Systems Incorporated (NSYS)

NasdaqCM - NasdaqCM Real Time Price. Currency in USD

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Visitors trend2W10W9M

10.86

+0.17

(+1.59%)

At close: 04:00PM EDT

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T
120 million in revenue & someone could buy the entire company for the $30 million market cap. What am I missing. Why is this so underpriced?
f
dude 14.
e
$HIMX conversation
Fellow Semiconductor and tech Investors Look out the small or mid size Taiwanese Display semiconductor maker, HIMX, the earnings report Feb 4th. It is projected to year-over-year growth of 1900%. SP $9.6 now. If you have a moment, check that out the accelerated growth. It goes tandem with Auto EV demands of display semiconductors and cellphone, tablet, and AI. Mid float 134M shares, Market Cap $1.63B. On the next week, it might go to the moon. It already had huge backlog or supply shortage on last Quarter.

$TSM, $NSYS $ACMR $OIIM $UMC $ASX $KOPN
Bullish
A
Still reasonably strong revenue from NSYS. Q1 2019 will be reported soon. PPS has firmed up. If Q1 shows that NSYS is stabilized, we will likely see the start to stock price recovery. If Q1 of 2019 beats the revenue and profit of Q1 2018, then we are in for some rise in NSYS. Balance sheet is strong. This year could show significant uptrend.
A
Some small sells here of the stock around $2.70 per share. This is looking like an excellent time to pick some NSYS up. I'm accumulating.
m
The company intentially reduced production last quarter using the excuse shortage in supply chain.

They wanted revenues to drop 25% YoY to be eligible for the ERC credit. They expect to receive 5m+ in 2021.

Raw material on hand as of last quarter was 4m higher then prior quarter and backlogged orders were at above 31m compared to 24m average.

We are going to see a 30m+ quarter for Q2. With 6.1 m of debt forgiveness and 5m of ERC credits.

Revenue of 31m+
Net income of 11-13m
Market cap of 18m.
Do the math, load up.
Insiders are buying prior to Q2 releasw
f
THey are going to net $5,000,000 from the sale of their building - that is 2 bucks a share!! they could pay off most of their debt and they would have huge earnings going forward on the same volumes. crazy times.
A
Strong rise today. Wonder what's coming up
H
I will be interested in the call tomorrow morning. This report offers a glimpse of hope for the future but the impairments and tax-related losses are serious. Long-term debt has increased. Overall revenue has declined. On a positive note, the CEO comments on moving away from commodity production to higher-value added materials.
A
A disappointment from NSYS. Revenue is down by 13%. Operations didn't do well. From an ongoing operating standpoint, NSYS lose $1.1 million in this quarter. Operating income for Q3 of 2020 was $2.7 million but it includes a gain on sale of property and equipment of $3.8 million. Fell short of expectations and short of the corresponding quarter of 2019.
S
if you look at the annual revenue, the market cap is too low. Since the OS is about 2 million, this should be trading around $60.00 unless I am missing something.
Bullish
C
Watch this prremarket tomorrow morning.

Looking for it in the $-teens per share if it follows the pattern.
s
120 M revenue and growing
Earning 3 M
Cap 10 M.
Something is wrong with the valuation and will be corrected over time in this environment
s
Renaissance Technologies LLC reported acquiring 41,400 shares per today 13F filings.
Thats 40% of the float.
Renaissance Technologies LLC will make some money with the holding here. Stay focused and invested.
NSYS Institutional Ownership - Nortech Systems Inc. Stock
fintel.io
f
the new q is looking very good. they got the sale money and are thinking of buying a medical device maker.
J
With a market cap of $11.5M - there should be tremendous upside to this stock. Just the insider buying alone is making me accumulate more myself. Any others on the same brain wave? Would love to hear some thoughts
M
amazing earnings growth but very low volume
A
This stock has no business being above $4 per share. It is headed back down.
U
Looking at this past year, its been a steady climb in revenue. also added $.60 to the net asset value of the stock to mid $6 range. Book over $7. With a decent qtr stock should be approaching $6
A
Oh oh, a lot of people were expecting this to be a growth company. Now, we get the reminder that NSYS should have stayed at $4 per share. Revenues are actually going down. This was supposed to be a good quarter. Unfortunately, NSYS actually lost $3.5 million for the quarter. That is horrendous.
Good luck holding on to $4 per share with these kind of results. Disappointing. This company is terrible and I agree with the other poster, "Heads need to roll".
Bearish