consolidation of JPEI posts:
JPEI update:
JPEI had their annual meeting two days ago. I am looking
forward to strong support for this stock this next few
months. They have consolidated several aquisitions and
they have gained some institutional investors.
This 1st qtr institutional buying was 170k.
additional info:
http:ascglobal.com ASCc - Partners for Technology and
Growth JPEI 95% of this company
Growth Rates(%) Company Industry Sector S&P 500
Sales (MRQ) vs
Qtr. 1 Yr. Ago 164.27 10.88 14.54 21.87
RATIO COMPARISON on JPEI to its industry.
Valuation Ratios Company Industry Sector S&P 500
P/E Ratio (TTM) 0.93 10.75 12.76 36.29
News is expected next week concerning JPEI's return to the
NASDAQ. JPEI was a NASDAQ stock but price went too low and
was delisted to the OTC-BB marjket. While on NAZ it was $7
in 1997 and its sales not near as strong as they are now.
Institutions bought 170k so far 1st qtr this year.
from an email:
JPEI
30400 Telegraph Road, Suite 401
Bingham Farms, MI 48025
Phone: (248) 723-5531 Fax: (248) 723-5536
Employees as of 12/99: 1,000
Price .40 x .46
How about a company that For the three months ended 3/00,
net sales totalled $37.7 million, up from $14.3 million.
Net income from continuing operations, before extraordinary
items fell 88% to $339 thousand, and it is trading at 50?? This s truly an "UndiscoverdGem"
There is no way this should be .50 and pretty soon it wont!
They also own 95% of this company asc - Partners for
Technology and Growth
Profile
JPE, Inc., through its operating subsidiaries, manufactures
and distributes automotive and truck components to original
equipment manufacturers and to the aftermarket. Its operating subsidiaries in existence as of January 1, 1999
included Starboard Industries, Inc., a manufacturer of
decorative exterior trim, Plastic Trim, Inc., a manufacturer
of extruded and injection-molded plastic exterior trim
products, and Dayton Products, Inc., a manufacturer and
distributor of springs and spring-related products, as well
as steering, brake, suspension and
wheel-end replacementparts for trucks and trailers.
Two other former subsidiaries, JPE Canada Inc. and
Industrial & Automotive Fasteners, Inc., were sold
throughout the first quarter of 1999. |
