Thursday, January 05, 2017 6:09:46 PM
$16m in sales with a $700k profit in 2015..$22.7m in sales with a $2.47m profit thru the first 9 month's for 2016
-- Definition of Inflection Point: (in business) a time of significant change in a situation; a turning point.
compared to 2007 thru 2014 i'd say they've already reached it,only real question is will it continue? Even if they reach 40 to 50m in sales this year and earn $7.5m,will the rapid growth in both rev's and black ink continue? Obviously we'll all be hoping that it does
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As far as the PCB Led's go,Wallach did sat they'll be at retail in Q2..as long as some ship in Q2 i'll be happy
And yes,i do expect the share repurchase to happen,when Stewarts good and ready (company with some significant cash on hand)
Will they even make a business move(merger,acquisition)of some kind? Not sure if they need to in order to continue growing revenue beyond $50m and profit beyond $10m ( which would be 20¢ per share!!... Arrr,think of it me Bucko's!
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