I would like to bring to the attention of the thread, ISD on the TSE.
IDS Intelligent Detection Systems is an Ottawa(Nepean) based company that manufactures detection systems such as Narcotics detection systems, explosives detection systems, nuclear safety monitoring instruments, geological survey instruments for mineral,oil and gas exploration, and Airborne survey services.
Overall, they have over 70 scientific sensing products and services.
They have operations in U.S., Canada, UK, France, Australia, Brazil and have customers in over 30 countries worldwide.
The company is extremely well run with Dr. Mariusz Rybak heading the company. Its acquisition of Scintrex has positioned this company to the forefront of their industry.
They just scored a nice $9.4 mil. contract at end of September and now at the end on November announced a contract involving their handheld drug detectors.
The best part is this company is trading at FIRE SALE prices and is extremely undervalued.
Here is their website: idsdetection.com
There has also been a thread on IDS that has just started up a couple weeks ago and is in its infancy.
Analysts have rated it as a strong buy, and doing extensive DD on it in the last week, I have further added extensively to my position believing that this undervaluation won't last long.
It seems to be coming off its bottom now and is trading at about $1.90/share, with a 52-week trading range of $1.25- $8.95
This yr. earnings are expected to come in at .25/sh and .46/sh in 99, thus you can see that it is trading at a projected PE rate of about 8 for this yr. and 4 for next yr.
Projected EPS growth is pegged at 84%.
I would encourage any interested to either peruse their website or call their IR and get an investors package as I don't believe we'll stick at these levels for much longer.
Praxis |
