SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: E_K_S who wrote (42528)5/4/2011 11:41:15 PM
From: Lazarus  Respond to of 78710
 
thanks for the analysis.



To: E_K_S who wrote (42528)5/5/2011 8:03:50 PM
From: reno4  Respond to of 78710
 
Re: Electronic Control Security Inc. (EKCS.OB)

It seems like this is a bet on believing managements statement that revenue will increase in the near term due to delayed higher margin projects. As it stands now, it's a mediocre business with ROE 12% last year and no earning in 09,08,and 07 (last 10k on their website). Current book value is slightly lower than 2007.

disclosure: purchased a tracking position.