Friday, February 28, 2014 6:55:05 PM
Repost from VMC, gives backlog data, which I think is painting a very beautiful picture for muel.
Backlog was in November 1rst Earnings PR. backlog info for every quarters is given in every earnings pr. as you can see backlog really took off in q3. Here's the thing flat sales is a $8-9 run rate increasing sales obvious means a higher run rate which I believe will occur. stock trade at a whopping PE of under 4 on a $8 run rate, and I'm expecting growth so hard to see where this trade doesn't work out. then again who knows a humbiling experience could be coming my way. time will tell. but the backlog trend also looks great, it is a bargain on sales being flat and if sales are starting to pick up, we will see. all is just my opinion, and I could always be wrong though.
Q4 (12) 47,929K
Q1 (13) 55,085K
Q2 (13) 55,111K
Q3 (13) 67,104K
---All above is just my humble opinion.
And I could always be wrong.
And as always do your own DD.---
http://www.investorshub.com/boards/board.asp?board_id=5316
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