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News: $PDEX Pro-Dex, Inc. Joined The Stock Day Podcast to Announce Substantial Revenue Growth
Phoenix, Arizona--(Newsfile Corp. - September 18, 2019) - The Stock Day Podcast welcomed Pro-Dex, Inc. (NASDAQ: PDEX) ("the Company"), a company that specializes in the design, development, and manufacturing of autoclavable, battery-powered and electric, multi-function surgical drivers and sha...
Find out more PDEX - Pro-Dex, Inc. Joined The Stock Day Podcast to Announce Substantial Revenue Growth
PDEX - 8-K - Sounds good:
On March 14, 2019, the Board of Directors of Pro-Dex, Inc. approved the adoption of a prearranged share repurchase plan intended to qualify for the safe harbor under Rule 10b5-1 under the Securities Exchange Act of 1934, as amended (“10b5-1 Plan”). The 10b5-1 Plan became effective on March 19, 2019 and will terminate on March 19, 2020, unless terminated sooner in accordance with its terms. The 10b5-1 Plan was established in accordance with, and as a part of, the Company’s previously disclosed share repurchase program. Repurchases under the Company’s 10b5-1 Plan will be administered through an independent broker.
2018-2019: Why is no one in here since 2015?? When I see in my trading accounts that pro analyst say this is a “great” buy to acquire. I got in at 10-15... so don’t get it. It goes low 8 to high 15+ and did that again. Now 14s... This should be above an Andrew Jackson by now. It is actually rated as a great but - HUH? LOL
$PDEX recent news/filings
bullish
## source: finance.yahoo.com
Thu, 14 May 2015 20:44:50 GMT ~ PRO DEX INC Files SEC form 8-K, Results of Operations and Financial Condition
read full: http://biz.yahoo.com/e/150514/pdex8-k.html
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Thu, 14 May 2015 20:05:00 GMT ~ Pro-Dex, Inc. Announces Fiscal 2015 Third Quarter And Nine-Month Results
[PR Newswire] - IRVINE, Calif., May 14, 2015 /PRNewswire/ -- PRO-DEX, INC. (NasdaqCM: PDEX) today announced financial results for its fiscal 2015 third quarter ended March 31, 2015. The Company also filed its Quarterly ...
read full: http://finance.yahoo.com/news/pro-dex-inc-announces-fiscal-200500756.html
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Wed, 13 May 2015 20:07:30 GMT ~ PRO DEX INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Completion of Acquisition or Disposition
read full: http://biz.yahoo.com/e/150513/pdex8-k.html
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Mon, 09 Mar 2015 20:13:35 GMT ~ PRO DEX INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation
read full: http://biz.yahoo.com/e/150309/pdex8-k.html
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Wed, 18 Feb 2015 18:04:13 GMT ~ PRO DEX INC Financials
read full: http://finance.yahoo.com/q/is?s=pdex
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$PDEX charts
basic chart ## source: stockcharts.com
basic chart ## source: stockscores.com
big daily chart ## source: stockcharts.com
big weekly chart ## source: stockcharts.com
$PDEX company information
## source: otcmarkets.com
Link: http://www.otcmarkets.com/stock/PDEX/company-info
Ticker: $PDEX
OTC Market Place: Not Available
CIK code: 0000788920
Company name: Pro-Dex, Inc.
Company website: http://www.omsmotion.com
Incorporated In: CO, USA
Business Description: OTC Markets | Official site of the OTCQX, OTCQB and OTC Pink Marketplaces featuring Free Stock & Bond Quotes, Trade Prices, Chart, Financials and Company News & Information for Investors, Companies and Traders - OTCMarkets.com (window.NREUM||(NREUM={})).loader_config={xpid:"UwMGWVdSGwQIU1RQAgQ="};window.NREUM||(NREUM={}),__nr_require=function(t,e,n){function r(n){if(!e[n]){var o=e[n]={exports:{}};t[n][0].call(o.exports,function(e){var o=t[n][1][e];return r(o?o:e)},o,o.exports)}return e[n].exports}if("function"==typeof __nr_require)return __nr_require;for(var o=0;od;d++)c[d].apply(u,n);return u}function a(t,e){f[t]=s(t).concat(e)}function s(t){return f[t]||[]}function c(){return n(e)}var f={};return{on:a,emit:e,create:c,listeners:s,_events:f}}function r(){return{}}var o="nr@context",i=t("gos");e.exports=n()},{gos:"7eSDFh"}],ee:[function(t,e){e.exports=t("QJf3ax")},{}],3:[function(t){function e(t){try{i.console&&console.log(t)}catch(e){}}var 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$PDEX share structure
## source: otcmarkets.com
Market Value: $9,131,163 a/o May 15, 2015
Shares Outstanding: 4,169,481 a/o Feb 03, 2015
Float: Not Available
Authorized Shares: Not Available
Par Value: No Par Value
$PDEX extra dd links
Company name: Pro-Dex, Inc.
Company website: http://www.omsmotion.com
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/PDEX/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/PDEX/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=PDEX+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=PDEX+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=PDEX+Industry
## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/PDEX/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/PDEX/news - http://finance.yahoo.com/q/h?s=PDEX+Headlines
## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/PDEX/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/PDEX/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/PDEX/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/PDEX/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/PDEX/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/PDEX/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/PDEX/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/PDEX/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=PDEX+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/PDEX
DTCC (dtcc.com): http://search2.dtcc.com/?q=Pro-Dex%2C+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Pro-Dex%2C+Inc.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Pro-Dex%2C+Inc.&x=0&y=0
WHOIS (domaintools.com): http://whois.domaintools.com/http://www.omsmotion.com
Alexa (alexa.com): http://www.alexa.com/siteinfo/http://www.omsmotion.com#
Corporate website internet archive (archive.org): http://web.archive.org/web/*/http://www.omsmotion.com
## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/PDEX/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/PDEX
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/PDEX/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/PDEX/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/PDEX/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000788920&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/PDEX/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/PDEX/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/PDEX/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/PDEX/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=PDEX&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=PDEX
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/PDEX/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=PDEX+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=PDEX+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=PDEX
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=PDEX
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=PDEX+Cash+Flow&annual
## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/PDEX/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=PDEX+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/PDEX.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=PDEX
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/PDEX/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/PDEX/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/PDEX/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/PDEX/insider-transactions
## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/PDEX
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/PDEX
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/PDEX:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=PDEX
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=PDEX
$PDEX DD Notes ~ http://www.ddnotesmaker.com/PDEX
Nevermind - I found it, a PR from a year ago announcing they could buy back 750,000 shares, with no expiration date.
Does anyone have a link or remember what PDEX had originally said about buying back shares? Was that earlier this year, last year? I def like the news out tonight and hope they GO HARD buying back those shares over next 6 mos.
I have seen stocks move way higher with a larger o/s I do not know why this did not move after trading above the o/s
Very informative post....Thank you....:)
Market cap / Annual Revenue ratio (about .90) still looks like this has a good deal of distance to go, imo.....Look at the number of stocks in this present market trading at several and up to many times annual revenues....If the market senses some real growth in this tiny company over the next few years it should trade a good deal higher....imo.....A 4.2M O/S will not hurt this one either....
PDEX I'll post the Q&A section below.
To me, the nice thing about this report is not really the $0.01 EPS but the less restrained tone by Hal Hurwitz about the future, in particular 2 big projects that have had some degree of may-not-happen to them. Hurwitz was way less cautious in talking about them this time versus prior calls. At least, that is how I heard him. They seem to be all but a done deal now, and what that means to me is that PRO-DEX WILL SUCCESSFULLY "TURNAROUND" (and the stock will boom from present levels) -- they have cut costs so much that all they need is some new revenue streams. These projects I believe are it.
The only problem I guess is that investors might have to wait until Q3 (ends Mar 31) earnings are out. So that is an 8-month wait. Seems like forever these days. He indicated a small probability that some revenues could show up in December. But really I think we are looking at May being the likely time when investors will finally SEE that the whole turnaround started a few years ago has finally borne fruit.
I see a very slim chance that these 2 big projects won't happen. Somewhat more likely but not probable is that they will be delayed -- that is the more likely worse case scenario but I don't think it is actually likely.
Between now and then, we could go back to losing money. So I would keep that in mind that you may have to endure 2 money-losing quarters and investors maybe losing patience in the meantime.
Another positive which is in the CC below is a $3.5M order from PDEX's biggest customer for 2015. Hurwitz described himself as "happy" with this. It has just been my impression from past CCs that Hurwitz is always cautious in talking about PDEX's prospects and he seemed to be less so this CC, so I take that to mean he is quite confident that results are on the up and up, this thing is really working out.
CONF CALL:
Operator
(Operator Instructions) Our first question comes from the line of Matthew Mcclane [ph], a private investor.
Unidentified Participant
Hi, thanks for taking my question. Congratulations on finishing the year strong. I am just wondering I have a few questions. First one about, can we consider this quarter to be as somewhat of a run rate to the operations now, is it kind of stabilized revenue [inaudible] similar without the production contract coming through and is the cost base about where you want it to be?
Hal Hurwitz - Chief Executive Officer
Matt, first, thanks for your comments on this quarter. Because we are very much still a project based entity, and if I mention, we don’t look for manufacturing to start on our two large development projects until later in the calendar year I don’t know that I can say that we can yet call this a run rate for future quarters. But we’re definitely getting there.
Unidentified Participant
All right, thanks. And then just quickly on the purchase order from the largest customer, are you happy with the volume that’s going through in that contract and how does it look compared to prior year?
Hal Hurwitz - Chief Executive Officer
We are happy with it. Our customer has actually now run short of project -- products, that’s what we have been told, so that’s a good news. And we are very pleased with the PO.
Unidentified Participant
And then just lastly a bit, could you speak any more about how the product development projects are going and what are you looking at for the quarter, is there going to be hopefully some sort of the tooth [ph] on this by the end of the quarter, will revenue then follow in the following quarters, so how should we approach it as investors?
Hal Hurwitz - Chief Executive Officer
The product development projects are going nicely. We emerged substantially through the development phase. We are into a testing phase now. So we are not completely through the development phase. But it is an accomplishment to say that we are into the test phase now. And the answer to the latter part of your question is yes. We expect that we will be through the development phase of those projects late in this calendar year which would be our second fiscal quarter, so that our expectation is that meaningful manufacturing revenues likely would be on the other side of New Year. There is some chance that some manufacturing revenues would occur in December but I think that is a more realistic and reasonable expectation to say that it would occur in the quarter beginning January 1.
Unidentified Participant
All right. I appreciate that. And then I just have one last question about the 8-K filing and [inaudible] considering a possible manufacturing company acquisition, just wondering how potentially [inaudible] make sense with Pro-Dex, will it provide additional manufacturing capacity, does it align well with new product development contracts, just if you could provide any color, I understand that you are doing due diligence now, it may not be anything you can see through but if you could provide some additional information.
Hal Hurwitz - Chief Executive Officer
Sure. I will be happy to. The particular transaction that we are looking at as well as some others provides us with near term and shorter sales cycle revenues. As I have commented on and as my predecessors just commented on for many years now, the sale cycle in a medical device space is a very long one. Until we have a two-tiered approach with respect to business development, as we go after the larger tickets, higher margin revenues represented by the medical device projects, those need to be supported by a solid foundation of shorter sale cycle recurring on a regular basis revenues, which I think will make my answer to your first question about run rate an easier one in future quarters. That’s really our objective with this small acquisition.
Unidentified Participant
That’s good to hear. So this isn’t just simply buying [inaudible] assets, you’re actually looking to have reasonable operational revenue coming out of this as well?
Hal Hurwitz - Chief Executive Officer
That’s correct. I would remind you that this particular acquisition, as an example, is a small one, at $225,000 of purchase price, you can appreciate that it’s a small entity. But it does have a good run rate, a good positive cash flow and a good customer list which is our primary interest.
Operator
(Operator Instructions) Thank you. We have no further questions in queue at this time. I would like to hand the floor back to our host for closing remarks.
should see a significant pps increase with the float being traded in 45 minutes.
Reportedly an S.A. article hitting late tomorrow morning..
http://stockcharts.com/h-sc/ui?s=PDEX
Any idea what's up?
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I rode it for a bit last year; still check it.
Frustrating, but still in an uptrend longterm. You can't complain about that, unless you bought on a spike.
Good luck foxwood, post if you see something good.
nole
OK, it appears that I'm pretty much alone in following this company, but I plead for others to wake up to the reality that this company is producing nothing but fantastic earnings and huge positive cash flow. Cash on hand alone is getting close to the share price. Loss of their largest customer or not, the future is very bright for Pro-Dex. They are doing all the right things and should certainly be able to recover and replace the lost revenues.
Earnings Rpt for FYE will be out today after market close, and more importantly, a conference call will also be held. Should be interesting to hear what mgt has to say about their future. I expect that revenues and earnings for this FYE will rock, but next year, with the almost certain loss of their largest customer, will be interesting. Still, I think this company is a survivor. Time will tell.
Pro-Dex Third Quarter Earnings Call
Thursday, April 29, 2010 4:30 PM Eastern
LINK