I've been buying DLA in the 15's, here is what I like.
1) Earned .50 in q3, and q4 is their seasonally strongest hence I expect even better result for q4.
2) The .70 Cost savings is a big part of what I like about this I think there will be a significant rebound in earnings in 2017 because of this cost savings. Hence I think we can see earnings $2+ this upcoming fy, and maybe more than $2 is possible with a little top line growth.
Conclusion: DLA offers a lot of things I like (1) Stock beaten up (2) Earning poised to rebound (3) Potential successful turnaround candidate (4) going into seasonally strong quarter as the next reporting quarter. All is just my opinion, and I could always be wrong though.
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