SwingTrade Member Forum

[MikeDDKing]

TPCS is one of my favorites. They have been in growth mode for some time and I think that growth is poised to accelerate in the next 12-24 months. Here are some reasons why I like TPCS:

1. They have been rapidly diversifying their customer base via initiatives in a number of different fields including sapphire (used for LED production), medical, nuclear, and industrial. Much of this new business is going to be coming online relatively soon. I think their long term growth will extend out a number of additional years.

2. They added lower cost production capabilities in China which is helping them gain market share as many of their customers (particularly solar and sapphire customers) are based in China. These customers want production in China as it lowers cost and provides other benefits.

3. Next quarter should be a blowout quarter as some revenue missed hitting the prior quarter and will be lumped into the December quarter. They are guiding for $12.5-$14.5M in revenue. Three analysts are following them and are expecting an average of $13.5M in revenue and EPS of $0.06 which is a nice bottom line for a stock trading around $1.

4. Going forward into fiscal 2013 the three analysts that are covering them are expecting an average of $57M in revenue and $0.25/share in EPS.

5. They have a solid balance sheet with a book value of $0.72/share and cash of $0.31/share.

The TPCS board is located here:
http://investorshub.advfn.com/boards/board.aspx?board_id=12932