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Re: None

Thursday, 05/01/2014 12:08:19 PM

Thursday, May 01, 2014 12:08:19 PM

Post# of 10144
APWC--Filed this morning. Earned .42 in '13 vs .70 in '12. In '13 they had fx losses of .26 and copper inventory write downs of .39 so eps massively affected by those two items essentially beyond their control. Despite falling copper prices revs were almost same YOY so unit sales must have increased. Receivables remained constant YOY and they generated good cash flow and paid down debt some. Not very exciting--but better than LIWA!

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