SPRS trading at $2.75 down 10% that puts the market cap below $15 million and a P/E below 5. Cash 7.7 million

SPRS: congrats to those that are able to get shares in the high 2s. basically trading below book value at those levels. The market cap is around 17 million back in 2019 and now in 2022
SPRS in 2019-
Book Value-8.8 million
Cash 2.7 million
Revenue 32 million
Net income 2 million
Share price $2.50-$3.00 range 5.3 million shares outstanding

SPRS in 2022
Book Value- 16.5 million
Cash 7.7 million
Revenue 52 million
Net income 3.4 million
Share price now trading around $3.00 5.5 million shares outstanding

SPRS .im speculating just someone who got impatient and wanted to get out. if it drops below $3 i'll add more too. again i feel like the only people in this stock are the people that follow this board. 17 million market cap now with less than a 5 P/E ...... like what the hell is going on.

Even SSkillzs was saying he would buy around $3.25

thx

SPRS : if the stock was liquid and traded on the Nasdaq lets say where would you say the price would trade based on fundamentals?

Thanks. That is a good explanation. Although it feels like "supply chain issue" has been a buzz phrase ever since march 2020. So based on the share price currently the market is betting they will lose all these new customers within the next 2 years

SPRS: Can someone who is smarter than me explain Why the stock seems so undervalued considering the bullish commentary from management and the growth they have shown over the past 2 quarters

"Growing customer demand continues to drive substantial product demand and sales volumes for both Challenge and Surge divisions."

"Sales volume visibility remains positive through year end 2022."
Current Market Cap is $20 million with cash on hand at 7.6 million. Back out the cash this means you are paying $12.4 million for a company that might be doing $60 million in revenue for the year with at least $1 million in net income per Q.

If i had $13 million and could get cash flow of $4 million per year i would buy that asset in a heartbeat. or am i missing something here?

Its a messed up world we live in where if the real economic "data" is good thats a bad thing for the stock market because that means no cheap "money"

SPRS- some interesting price action going into earnings next week. well at least for a stock this illiquid. Since they do over 50% of business in Asia & Europe i wonder how the currency exchange will affect income. This stock has been basically trading flat for entire year. But in a bear market that's a good thing i guess

SPRS . highest volume on a non earnings release day. something brewing? probably not. but something to keep an eye on this week. the bid/ask spread also tightened up today

SPRS if we are listed on the Nasdaq this easily trades in the $7 range.

How many shares are owned by people on this board we should band together and force management to uplist since its such a small company

SPRS agreed how the heck are we still trading below $4 after this quarter? TTM revenue is now 48 million and EPS TTM is .56 cents and trading at less than 0.5x revenue. The market cap is currently 19 million with 7.5 million in cash with a very profitable business.

so after backing out the cash the you would be only paying around $12 million for a company that is generating around $1 million in profit per quarter .

The market has SPRS grossly undervalued right now . The commentary from management also seemed very optimistic on growth

Even SPRS sold off today. nothing is safe

Question: what is a cheap/expensive ratio for Price to Cash on hand for a profitable company. no burn rate.

agreed . I feel like NVDA is an "all in" type of stock if we go through a major recession. Long term i can't think of a scenario where they don't execute. They have a stranglehold on the chip industry

NVDA: Nvidia Opinions on valuation? Long term i think its an extremely safe play.
Stock price was at $325 and is now at $195 but still trading at P/E of 50.

SPRS haha it is what it is next update will be in July.

SPRS it really is just flat . Its been trading in the $3.60s forever. That is where most of of the volume has been the past 6 months.

Like nelson pointed out their Seasonally worst Q and they almost reported record numbers. No reason to sell here. And honestly is a buying opportunity if it drops lower. Still well on pace to do $40+ million in Rev and $4 million + in pre tax income
for a $20 million market cap. Still way undervalued and i don't see the demand for car components going away anytime soon. They also said they are aquiring new customers.

And my bet is the board of directors is getting older and will want to retire soon and sell the company

SPRS reports Q1 tomorrow.

ATGN still on my watchlist but no have not been following closely. i'm mostly just in SPRS at the moment. sorry but GL

SPRS also besides the liquidity they rely 75% on Taiwan and Hong Kong. With mounting tensions between China and these regions it might be the reason for trading at such a low multiple.

Granted with 6.5 million in cash and 40 million in Revenue. 3.6 million in income before taxes.. and growing

still only a 22 million market cap........

Income before taxes went from 1.5 million to 3.6 million in 1 year even take out the ppp forgiveness of 500 k that is still a double...... yet the share price has only gone from $3 to $4.

SPRS . has actually been a good cash park in this market surprisingly. Earnings should be interesting for this small company.

So they supply the infrastructure equipment to Semiconductor manufactures?

SPRS .$3.60 i never seen any kind of research on this stock.This a auto generated report But according to this model i got from TD. The fair book value is around $12 a share right now assuming no growth. https://research.ameritrade.com/grid/wwws/research/reports/viewreport?id=2942&documenttag=SPRS&c_name=invest_VENDOR

SPRS is still currently trading at 0.5x sales and only 7x P/E. Plus had 28% growth YOY and opened up new offices to help with expansion

Do you like SPRS?

It really is for a lack of a better word crazy that our entire economic system is in there hands of simple policy decision. Will the government/fed raise interest rates to save the value of the dollar . Or will they keep interest rates at 0 and
Keep
Kicking the can down the road

I’m willing to bet the government won’t allow a default to happen which means inflate the debt away.

I don’t think we will
See interest rates above 3% ever again on the10 year. .

If we do the US might default on debt payments. We are at the point of no return .

Isn’t our debt to GDP 140% now?

SPRS I bought more at $3.60 today. That makes my average cost go to about $3

I read in the Pre 14A that they are putting a litigation behind them finally from 2017 and are allowed to reincorporate in Nevada ... not something that is significant but still positive none the less. I love the outlook for the company in the next year if they execute with how undervalued they are.

A heads up not showing on the L2 but someone is selling 15k shares at 3.58

SPRS they only people buying shares are probably like the 5 of us that follow this board haha

SPRS I own 6500 shares at $2.70ish ....this company is so undervalued and under the radar.... the outlook is so bullish and they are expanding their business and they grew 30% year over year and they are trading at a 6 P/E ratio.

The problem is share / trading liquidity . If they up listed this is a $5 stock easily

CSPI & SPRS looking attractive for long term entries at these levels imo

Thanks will probably add a position before the next Q report

CSPI .. you have been very confident in this stock for a long time for it basically being flat. I am looking for a cyber security play though. will do more research. What is your best pitch?

AVNW..... this is a reminder to always buy this stock under 30 then flip it for 20% gains when it goes back up into the upper 30s.... I thinkw e done this 4 times already

SPRS. True. But Even without the PPP forgiveness TTM EPS is .45 and Net income around 2.3 million without the PPP.

SPRS is extremely cheap compared to everything else these days. The problem is very little trading liquidity so until that changes it will trade at a discount.

Trading at 7 P/E and 0.5x sales

If for some reason Management said they are uplisting it would double in a day here

SPRS: Monster Quarter compared to last year .. glad i gambled on this one.

Consolidated net sales for the six months ended May 31, 2021 increased by $4,312,573 or 32.1%, to $17,748,762 as compared to net sales of $13,436,189 for the six months ended May 31, 2020. Consolidated net sales for the three months ended May 31, 2021 increased by $2,945,409 or 44.3%, to $9,592,460 as compared to net sales of $6,647,051 for the six months ended May 31, 2020. We attribute the increase to an increase in business with new customers as well as an increase in business with existing customers. We can also attribute the increase in 2021 to the impact of the coronavirus in Asia in the six months ended May 31, 2020 since factories were shut and demand was reduced during that period. Net sales for the six months ended May 31, 2021 and May 31, 2020 reflect $459,629 and $595,733, respectively of tariff costs that the Company was able to pass on to its customers.




https://www.otcmarkets.com/filing/html?id=15092366&guid=O0VkkarWJBezMth

Wage Inflation is already here.. at least in the Restaurant Industry. in 2019 starting Hourly was $11 for most Fast Food places. Now it is $14. I'm in NJ

BBotcs this is why you should buy bitcoin because it is open 24/7 haha