COHT (NASDAQ) is an undiscovered turnaround in progress. Firm makes specialized spray equipment for fiberglass industry, as well as special coatings and adhesives. COHT sold a big money losing subsidiary last year and is left with two very profitable businesses. Since the sale of this subsidiary, continuing operations revenues have increased +20% and earnings per share have been converted from a loss of ($0.09) to a profit of $0.13, for the lastest 6 months alone. Worth a look for microcap investors. |