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Re: None

Thursday, 02/04/2016 9:31:26 AM

Thursday, February 04, 2016 9:31:26 AM

Post# of 275592
ELMD

I've been buying ELMD this past week. here is what I like.

1) Earned .042 in q1, and based on the pr I expect even better quarter to follow.

2) ELMD has really strong balance sheet, and currently trade under book value of about $1.75. Also has .46 a share in cash.

3) ELMD I believe can earn .20-.25 going foward, Hence I think it is rather cheap. This stock should trade at a 12-15 multiple in my opinion given it's sector, balance sheet, and growth prospects.

Conclusion: Time will tell but I think ELMD is a undervalued stock. But as I always say you never know with earnings. All is just my opinion, and I could always be wrong though.

---All above is just my humble opinion.
And I could always be wrong.
And as always do your own DD.---
http://www.investorshub.com/boards/board.asp?board_id=5316

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