Company: NSI Communications Inc.
Symbol: NSII
Exchange: CDN
52 Week Low-High: $0.25 - 1.15
Current Price: $1.50
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NSI Communications Inc. (NSII:CDN) Wireless company shows good growth with
increased revenues and net income
The company's products allow high speed, high bandwidth on demand
transmisson of data, video, and telephone communications with applications
including; Internet access, LAN / WAN interconnection, e-mail, remote LAN
access, financial transactions, and ATM networks.
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NSI Communications Inc. (NSII:CDN)
website: nsicomm.com
email: pmasella@nsicomm.com
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One of a select group of undervalued companies featured in the fully
independent, The FutureStock Review keystocks.com
Quick Profile:
NSI is a leading international provider of full-meshed VSAT (Very Small
Aperture Terminals) networks allowing for the satellite-based transmission
of telephone, data and video. VSAT networks provide organizations, which
have geographically dispersed locations, with efficient and secure
communication facilities in areas of the world where conventional
telecommunication infrastructures are lacking. NSI's VSATPlus II TDMA-DAMA
technology is particularly well suited for complex private networks,
telephone trunking applications and multi-line rural telephony. NSI also
provides turn-key satellite communication systems solutions, ranging from
single earth stations to complete national and international
telecommunication networks.
Record Nine Month Results ended September 30
Released Nov. 26, 99
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Sales $18,984,94 (1999) $13,474,314 (1998)
Gross Profit $10,207,189(1999) $ 4,996,881 (1998)
Operating
Income (Loss) $1,542,311 (1999) $(1,439,438) (1998)
Net Income
(Loss) $1,361,712 (1999) $(3,282,873) (1998)
Earnings (Loss)
per share $0.03 (1999) $(0.13) (1998)
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NSI's President, David Ben-David commented, "From the beginning of the year
we have expected to end this year with record sales and profitability. The
results we released today are the fourth profitable quarter in a row. We
have also achieved consecutive growth in sales and net income from the first
to the second, and now, to the third quarter of this year. Our recent
success results not only from healthy repeat business from existing
customers, but we have also been able to generate additional orders from new
customers. This increase in our international customer base also gives us a
solid foundation for future growth."
Mr. Ryan Irvine, Senior Analyst, from the well respected, The FutureStock
Review
"Since our original feature in November, 1999, NSI's shares have shown a
steady rise. Even with the company's recent rise, relative to competitors
in this industry, its shares appear to remain undervalued. NSI
Communications has yet to catch the attention of the investment community at
large. Our team of analysts recently compared NSI Communications to a
number of companies within its industry. Below is a quick summary:
Company Price Revenues (last 12 mos)Net Income Market Cap.
P/S P/E
NSII:CDN $1.00 $28,562,940 $2,176,712 $44.2 M
1.54 20.32
ISS:CDNX $17.90 $2,953,091 ($2,274,629) $298.9 M
101.24 n/a due to loss
KSA:CDNX $1.60 $13,466,929 ($2,782,020) $33.8 M
2.51 n/a due to loss
VSAT:NASDAQ $72.75 $70,333,000 $7,489,000 $631.0 M
US 8.98 84.30
Mr. Irvine concludes,"Fundamentally, in relation to its peers, and based on
current market activity, NSI appears to offer solid value"
To contact NSI:
Phil Masella or David Ben David
pmasella@nsicomm.com
(514) 956-8880 |
