Here is WHY Sierra's Publisher has initiated a long position in Optex Systems Holdings (OPXS) with information taken from official PR's, SEC filings and the impressive company website:
-Completely UNDERVALUED, Sierra's Publisher believes that Optex Systems Holdings (OPXS) should be easily trading at 10 to 20 times it's current share price!
-Optex Systems Holdings (OPXS) has US military contracts manufacturing optical sighting systems and assemblies primarily for Department of Defense (DOD) applications. Its products are installed on various types of U.S. military land vehicles, such as the Abrams and Bradley fighting vehicles.
-Optex Systems Holdings (OPXS) first quarter 2014 revenues were a solid $3.4 million!
-Optex Systems Holdings (OPXS) revenues for the fiscal year ended September 29, 2013 were $17.1 million UP almost 20% from the previous year!
-Optex Systems Holdings (OPXS) as of December 29, 2013, had a BACKLOG of orders valued at $10.4 million. The company ALSO received $1.6 million in new orders consisting of $1.5 million in periscopes and $0.1 million in other product lines.
- In the first quarter of fiscal year 2014, Optex Systems Holdings (OPXS) ALSO received a new Purchase Order from General Dynamics Land Systems - Canada for $1 Million under their existing contract to upgrade the Commander's Sighting System in the Canadian Army's fleet of Light Armored Vehicles III combat vehicles.
-In December 2013 Congress reached a budget compromise and reinstated $45 billion in defense spending cuts back into the FY 2014 Federal Budget a VERY GOOD thing for companies like Optex Systems Holdings (OPXS).
-Optex Systems Holdings (OPXS) is expanding it's revenue streams by picking up new contracts overseas. Most recently Optex Systems Holdings (OPXS) announced the first shipments of their M17 Day / Thermal Periscope to a country in South America.
-Proprietary technology, the U.S. Patent and Trademark Office recently awarded the company U.S. Patent No.13,357,802 titled "Multiple Spectral Single Image Sighting System Using Single Objective Lens Set." This invention presents a single image to both day and night sensors using precision optics, which in turn allows the user to individually observe day, night, or day and night simultaneously.
share price could move up very quickly)
