U.S. NeuroSurgical Holdings Inc. (USNU)

[Bobwins]

USNU continues to slide. Published Q3 report on Monday. Earned 90K on 772K revs. These numbers are both down from 2014 comps. Biggest difference I can find is that depreciation is higher on new equipment. Still earned over .01eps in Q3. Annualized, that's .04-.05 eps vs current .14 share price.

If you compare cashflow (profits + depreciation) for ytd 2015 vs 2014, USNU actually had better cashflow this year, in spite of lower profits.

$201K net profits + 700K depreciation = $901K cashflow 2015

$396K net profits + 400K depreciation = $796K cashflow 2014

I guess the continued share price fall is related to the big performance in Q3 2014 that hasn't been repeated. Not sure. Still seems undervalued but probably not going to see big upside in total revs so probably won't excite market enough to get a big bounce.