[Monksdream]

OPXS new 52 week high

[Renee]

OPXS moved to the Nasdaq from the OTC:

https://otce.finra.org/otce/dailyList?viewType=Deletions

[Ecomike]

Buyers are ask slapping again today. Back test / chart shows a higher low.

Do go to the $3 to $4 range now?

[Ecomike]

Almost 20% of the OS of OPXS was bought back, deal is done.

The OS on this firm is tiny.

Military spending is going up, NATO and Germany and Ukraine buying like its candy.

Positive PE, so much cash they bought back almost 20% of the OS retail shares well above the market lows, at almost 35% premium....

Details here:

https://ih.advfn.com/p.php?pid=nmona&article=89101963

[Ecomike]

My thinking is they are planning an up list to National exchange, and decided the best investment for their profits is to have the treasury buy back shares $OPXS

[Ecomike]

$OPXS buying back $4 mil dollars of the float now. And making lots of profits...

Optex Systems Holdings, Inc., established in 2009, is the parent company of Optex Systems Inc. Optex Systems, Inc. (Optex) originally founded in 1987, is a veteran- owned small business, serving the United States defense industry.

Fully ITAR-compliant, Optex is specifically targeted towards military products and services. The Company designs, builds, and ships thousands of units per month as either a Prime Contractor to the US Government or as a sub-contractor to original equipment manufacturers, like General Dynamics Land Systems (GDLS), BAE Systems, and L3 Communications.

With an expertise in Optical and Mechanical Assemblies, Optex has established itself as a critical supplier on multiple armored vehicle platforms (Abrams, Stryker, Bradley), fire control systems (howitzers, .50cal machine guns), and night/thermal vision sights (Armored Security Vehicle, Light Armored Vehicle (LAV), night vision rifle scopes).

[Ecomike]

Huge news a day ago, $OPXS is buying back up 1/3 of the float above market.

Making the retail float get even smaller.

Smart move

https://ih.advfn.com/stock-market/USOTC/optex-systems-qb-OPXS/stock-news/88869878/tender-offer-statement-by-issuer-sc-to-i?xref=ff_sidebar_quote

[Ecomike]

This beast is insanely undervalued now. Read why:

https://ih.advfn.com/stock-market/USOTC/optex-systems-qb-OPXS/stock-news/87280261/quarterly-report-10-q

[Ecomike]

52 week highs being made here. IMO one spark of news and This could double in days, with such a small tight share structure, and now with NATO and Germany and others starting to increase spending because of Ukraine-Putin...

Been long on this one since 2013/2014.... 250 new tanks for Poland could be just the start...

I still think OPXS makes a run to $3 to $4, just needs a spark. It has already made the break out...

https://seekingalpha.com/article/4450533-optex-systems-a-high-quality-business-seeing-sharp-increase-in-backlog

[collinmcb]

New writeup on OPXS

https://seekingalpha.com/article/4450533-optex-systems-a-high-quality-business-seeing-sharp-increase-in-backlog

[gilead23]

Lots of vendors to the government have terrible margins. I’m not sure what the mechanics are that leave margins in the 20’s for these particular products. It may be in our interests anyway as fat 50% margins would likely attract bigger more formidable competition.

I’m just happy with the idea that there is more margin upside.

[fishhunter]

I wonder why they do not think they can get gross margins to 40 or 50% ?
With these type of products and fed gov as a customer one would think they could do much better than 30%.

[gilead23]

Pretty good LD Micro call yesterday. Most notable thing is the company thinks they can grow margins to the 30% range.

https://www.webcaster4.com/Webcast/Page/2019/33279

[gilead23]

Yeah the IDIQ contracts are piling up big time

[fishhunter]

And another big WIN! Congrats Optex! Revenue growth looking like a sure thing for next several years.

[gilead23]

Not planning to

As a side note earnings are out and dead center in the middle of my .05-.07 estimate. Also looks like they are pointing to 6.1 million next quarter so it will likely be slightly better, but the bigger revenue numbers look like they will be back weighted to the second half.

[fishhunter]

Anyone attending this weeks annual meeting?

[gilead23]

Completely agree on all counts

[fishhunter]

I agree with you 100%. I do not expect a big step up in share price next week but I do expect the stock to continue its rise for the next 24 months.

I love what I have seen in the daily trading.....big buying interest from funds.

[gilead23]

You know the revenue guidance isn’t that exciting for the upcoming quarter right?

I mean they will make money, maybe .05-.07, but unless they sandbagged on revenue it won’t be as good as last quarter.

As of now it’s the May quarter I’m jazzed about. As of now that one looks like it will be epic.

The strength in share price is a good sign so I guess I could be wrong. That is certainly my preference.

[fishhunter]

Starting to get giddy in anticipation of upcoming earnings PR in about a week! Buckle up me thinks.

[fishhunter]

Nice! Up on big volume. No resistance in sight.
Ps and PE and ev/ebitda all crazy low!

[gilead23]

Yesterday's order PR in case you missed it.

1.1 million non-military

http://www.investorpoint.com/stock/OPXS-Optex%20Systems%20Holdings%20Inc/news/6353868083626635/

[fireopal]

has been off everyone's radar since pumpers lost interest after last investor rip-off. Is right around first resistance levels and is also in overbought territory so may tick up a few more pennies.

[fishhunter]

I love how this is completely off anyone's radar. That will change with the next couple quarterly reports. The next should be in first half of Feb, only 3 or so weeks away!

I also like the absence of any chart resistance above the current level. It could run a long way.

[gilead23]

Good buy so far!

[gilead23]

I expect this next earnings release to be decent not exceptional relative to last quarter. Given revenue guidance you are probably not looking at more than .07/share.

Q2 on the other hand could be a monster of biblical proportions.

[fishhunter]

Good point but I think opxs is headed higher because we are now only about 1 month from the next earnings release.....and it will be ggggoooooooodddd!
I bought more today at 2.09.

[gilead23]

Not in favor, but saber rattling or an actual war with Iran is certainly bullish for defense and OPXS's business.

[fireopal]

Seriously, PPS still right 01 cent (pre r/s etc ) and company can no longer blame military cuts etc as a reason. Multiple investor rip-offs hard to transcend and the investment community has clearly been speaking via lack of interest...

[gilead23]

I wasn’t entirely clear. That 5.8 million in backlog is for q1. Q2 backlog is almost 7 million.

[gilead23]

Yeah action was not exciting

It won't be until Q2 that results get really hard to ignore. If you look at the 10k their orders in backlog right now are 5.8 million. They do a really nice job of guiding on their delivery schedules and its likely that 5.8 is in the ballpark of where they will be. There may be a bit of upside to that around the DLA order as well as normal variance up and down, but revenues are going to likely be in the 6 million range.

They did mention their "distractions" are behind them which I am interpreting to mean their margin issues. That leaves me figuring .06-.07 is a good guess for next quarter.

Where it really gets interesting in Q2. They already have 6.8 in the backlog for Q2 delivery. That number almost always increases as the quarter approaches (with 1 recent exception). It wouldn't surprise me to see revenue in Q2 of 7.5 million and EPS as high as .15/share. That isn't going to be ignorable, and I think it would get you to 5 dollars. Then G&H revenue should hit in the back half of 2020.

[wildwood]

Agree...Surprised by the muted volume.
Schoening could have elaborated on the
backlog? He announced an increase of 5%
as of Sept. 29th. But said nothing about
the subsequent orders in November?
As CEO . If you are not going to host
a conference call and answer questions.
You are not being transparent enough.

[fishhunter]

Well that was a disappointing day for the stock.
Retailers can be sssoooooo silly.

[fishhunter]

I first read it on Yahoo Finance.
Seeking Alpha also has it.

[gilead23]

You have a link? I don't see it in my trading station or anywhere else yet.

Edit:
Never mind its on their website
https://ir.stockpr.com/optexsys/press-releases/detail/526/optex-systems-holdings-inc-announces-fiscal-year-2019

I hope that hits the wires. It was missing from almost every website I use as well as my broker. It was on yahoo finance and their website.

[fishhunter]

They already issued the PR.
It is great!

[gilead23]

Hopefully they do a PR in the AM

As opposed to say 7 pm tonight.

[gilead23]

I get normalized EPS of more like .37 if you back out warrant adjustments

Still this is a stock that is under 2 bucks. It could double and still be undervalued. Haven't read through the 10k yet but I did noticed it is peppered with references to nasdaq uplisting requirements. I think that is a near term intent at this point which is another catalyst in addition to earnings numbers.

[fishhunter]

Wowie Zowie
Trailing EPS is now 45cents per share.
Revenue growing well.
Strong confident statements by Management with the backlog to back it up!
One way or another the stock has to go up.
It should be $6 to $8 range right now. Current price is a silly joke, buy all you can!

[wildwood]

Hallelujah! The turnaround confirmed.

[gilead23]

10K is out. Looks like a blowout Q4

I get normalized EPS of about .11/share.

[wildwood]

I always admire those with whom I agree.
Earnings to be announced this week.
Aim high Optex. It can't hurt the gun.

[fishhunter]

All true

[gilead23]

The downside of buying things that seem really undervalued is that they are almost always unknown (until they aren’t)

Hopefully that’s the case here. A lot of the optics line up for them to get noticed

Big contract
Overseas sales through g&h
A potential uplisting

They need to execute of course and they do lay an egg sometimes as they did last quarter.