CITI --- low P/E, low float, selling under book value

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Microcap & Penny Stocks
CITI --- low P/E, low float, selling under book value

An SI Board Since May 1998

Posts	SubjectMarks	Bans	Symbol
222	1	0	CITI

Emcee: Little Engine	Type: Unmoderated

Introduction Market Data Compact

Canterbury Information Technology Inc. (CITI) has seen better days, but appears to be rebounding.

The company provides computer training services, as well as developing and selling software to individuals and corporations.

After taking large one-time charges for an unpaid note receivable and restructuring last year, the company is bouncing back nicely. The fundamentals are strong. Although currently steady at around $1 3/8, the stock has a book value of $2.69. It is paying off debts with earnings, which are growing.

The company earned .03 the first quarter of Fiscal 1998 (beginning 12/97), and issued a press release saying the second quarter would exceed that. For some reason the release was wiped off Yahoo news recently, but can be found at:
http://messages.yahoo.com/bbs?action=m&board=yahoo.63.07.7081144&topicid=0m2&msgid=6i2eb6$15p$2@m2.yahoo.com

The sole analyst estimate for earnings this year is .20, with .26 EPS expected for next year. That would mean the stock is trading at about a P/E of 7 in relation to this year's profits, with 30 percent growth in earnings for next year.

It won't skyrocket, but the stock traded near $5 last July, and could return to the $4 range once earnings roll in.

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
222	cancelled.. wrong board.	mlkr	-	7/6/2009
221	ATM/Canterbury Corp. Designs and Launches Breakthrough Product MEDFORD, N.J.,	Mighty_Mezz	-	5/17/2001
220	Beloyan reiterates strong buy on CITI ================ I am reiterating a STRONG	Mighty_Mezz	-	4/2/2001
219	Small Business Administration chooses ATM/Canterbury Corp. MEDFORD, N.J., Mar	Mighty_Mezz	-	3/29/2001
218	Year over year revenues increased by 109%, pretax profits increased by 183%, net	Mighty_Mezz	-	3/15/2001
217	<i>what is happening to citi.</i> If you find out, be sure to post i	Mighty_Mezz	-	12/27/2000
216	what is happening to citi. is it time to buy more or is it time to take the loss	espann1	-	12/27/2000
215	A lot of value hunting, I imagine. Wish I would have held on longer - always li	Little Engine	-	12/1/2000
214	You bet I can believe it! CITI has been the saving grace of my portfolio this w	Mighty_Mezz	-	12/1/2000
213	can you believe the rise this week,why?	espann1	-	11/30/2000
212	Beloyan Reiterates Strong Buy on CITI ===paste=== - I am reiterating the STRONG	Mighty_Mezz	-	9/21/2000
211	FBI, U.S. Attorney's Office and Dept. of Health and Human Services Choose AT	Mighty_Mezz	-	9/20/2000
210	MEDFORD, N.J., Sep 13, 2000 (BUSINESS WIRE) -- CALC/Canterbury Corp., a wholly-o	Mighty_Mezz	-	9/14/2000
209	Strange TA dept. A cup and handle that's taken 3 years to form. bigcharts.	Mighty_Mezz	-	9/5/2000
208	Canterbury Acquires DataMosaic International, Inc Plans National Technical/Cont	Mighty_Mezz	-	8/30/2000
207	espann1 - Welcome to SI! I've been in CITI since May of last year, trading	Mighty_Mezz	-	7/18/2000
206	I have been buying the stock since may, It looked a little scary at first but no	espann1	-	7/17/2000
205	Up 50% in two weeks, and still nobody's here. Oh well, I reiterate strong	Mighty_Mezz	-	7/11/2000
204	CANTERBURY INFORMATION TECHNOLOGY INC has filed a Form 10-Q (Quarterly Report)	Mighty_Mezz	-	4/13/2000
203	Lynch-Russell looking for $12 in a year. An exceedingly bullish research repor	Mighty_Mezz	-	4/3/2000
202	Wouldn't surprise me	Little Engine	-	3/2/2000
201	Beloyan looking for $8 this year. <i>With Canterbury Information Techno	Mighty_Mezz	-	3/2/2000
200	CALC/Canterbury Corp. and Linuxcare, Inc. Expand Training Partnership	Mighty_Mezz	-	2/17/2000
199	CALC/Canterbury Corp. Expands Microsoft Certified Training MEDFORD, N.J.--(BUS	Mighty_Mezz	-	1/19/2000
198	Hi Danielle. Nice to see someone else posting here. The action of Monday and	Mighty_Mezz	-	1/12/2000

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