Just learned about this company last night...unfortunately right after they announced earnings. The company has a diversified set of products revolving around holograms (security, novelty, gift cards, etc) and printed wood products. Dig deeper and find the company has $0.66 per share earnings for 9 months with only 4.5M shares and only 1.5M in the float. They expect EPS of $0.79 for 12 months, and with a revenue growth rate of 30%, should be able to command a PE of at least 20, giving them a projected share price of $16. Tack on limited supply of stock with the low float, and this could be a definite high flyer.
Even after a run-up from $7 to $9.25 in a couple of days, this stock is still cheap. Don't say I didn't tell you! |
