My first suggestion to anyone interested in this stock is to phone the company for an investor package, their number is 416-622-9740. They sent me a comprehensive package with analyst reports, news articles and financials.
Secondly, some of their institutional holders are: Advent Int'l (Boston), Goodman and Co., Deans Knight, BPI, Guardian Cap'l, Perigee Invest., Bonham and Co., Wong and Assoc. etc.
I believe that this company is still undiscovered by the average investor as evidenced by it's low daily volumes of under 10,000 shares per day, often only 2-3,000. When volumes pick up, so should the P/E. Just a couple of months ago the stock was solidly trading at $14-15. The one thing with this stock is that their product is less exciting than high tech stuff and not much happens between quarterly earnings announcements. I believe we should see good growth in the next several years in earnings due to top line rev. growth and improving margins from more efficient production.
Once you receive the investor package you will be able read the 3 analysts report which have estimates of revenue growth potential and where it comes from.
I hope this helps. |
