UFAB ipo priced @ $18. came public @ $29 / share.
founded in 1980, UNIFAB Intl. is an industry leader in the custom fabrication of decks and modules of drilling and production equipment for offshore oil and gas platforms.
zero debt.
revenues YR 93 / 25mil -----------------------94 / 29mil -----------------------95 / 28mil -----------------------96 / 51mil -----------------------97 / 66 mil
EPS----------------93 / 0.54 sh. -----------------------94 / 0.27 sh. -----------------------95 / 0.61 sh. -----------------------96 / 1.84 sh. -----------------------97 / 1.02 sh.
this company along with the sector have produced and in my opinion will continue to generate solid revenues into the future. wall street is very high on this sector.
look at the price graphs of some of their competition ie. GIFI, FGII. you may see the future of UFAB. i'm in at $30 and i'm liking it.
paul. |