Thursday, August 23, 2018 4:04:59 PM
Here are some stocks I purchased recently FWIW.
OPXS - Optex Systems Holdings, Inc - Price $1.515 - TTM P/E of 3.6 on Yahoo. They have a monopoly on making periscopes for the military. They also recently began selling some sort of periscope product
commercially for guns. Latest quarter grew revenue at 42%. Backlog was up 24%. Net income was $.6M annualized gives Price/Annualized Net Income of like 5. Also pays a dividend. Announced 500K share repurchase last month which should catalyze the price to move up.
ESOA - Energy Services of America Corporation - Price of $1.13 - TTM P/E of 35 on Yahoo. Diluted earnings per share of $.058, gives an annualized P/E of 4.9 Energy services company. They do contract work for energy companies in the U.S. They had a bad year in 2017 when rain messed up the scheduling of their projects, they couldn't get qualified labor, and they had to take the hit for all that. They implemented better estimation processes. They announced a share repurchase program that started Aug 15 not to exceed 10% of the outstanding shares which should catalyze some price movement. CEO continually buys a little bit of stock here and there to add to his already large position.
QBAK - Qualstar Corporation - Price $8.17 - TTM P/E of 10.7 on Yahoo - Net income of $.23 per share in most recent quarter. Price/Annualized Net Income = 8.8 with YoY revenue growth of 40%. They make tape drives and high efficiency power supplies. They inked a deal with Sony in the last year to make an optical disk drive that has mechanisms to swap the disks out. Sony created this 3 Terabyte optical disk technology jointly with Panasonic. Qualstar has a long history building tape drives and has the tech to do a good job building this product for Sony. The power supplies are expensive, but I think there must be a market in data centers with servers that are on all time. It is desirable to lower electric bills with highly efficient but reliable power supplies in data centers. With the overwhelming use of data these days we still need tons of space for backups. So I think there is still a market for their product, and near-term I think the Sony deal should continue their growth. They weren't doing well, then in 2013 they began to be turned around. Now they are looking cheap.
OPXS - Optex Systems Holdings, Inc - Price $1.515 - TTM P/E of 3.6 on Yahoo. They have a monopoly on making periscopes for the military. They also recently began selling some sort of periscope product
commercially for guns. Latest quarter grew revenue at 42%. Backlog was up 24%. Net income was $.6M annualized gives Price/Annualized Net Income of like 5. Also pays a dividend. Announced 500K share repurchase last month which should catalyze the price to move up.
ESOA - Energy Services of America Corporation - Price of $1.13 - TTM P/E of 35 on Yahoo. Diluted earnings per share of $.058, gives an annualized P/E of 4.9 Energy services company. They do contract work for energy companies in the U.S. They had a bad year in 2017 when rain messed up the scheduling of their projects, they couldn't get qualified labor, and they had to take the hit for all that. They implemented better estimation processes. They announced a share repurchase program that started Aug 15 not to exceed 10% of the outstanding shares which should catalyze some price movement. CEO continually buys a little bit of stock here and there to add to his already large position.
QBAK - Qualstar Corporation - Price $8.17 - TTM P/E of 10.7 on Yahoo - Net income of $.23 per share in most recent quarter. Price/Annualized Net Income = 8.8 with YoY revenue growth of 40%. They make tape drives and high efficiency power supplies. They inked a deal with Sony in the last year to make an optical disk drive that has mechanisms to swap the disks out. Sony created this 3 Terabyte optical disk technology jointly with Panasonic. Qualstar has a long history building tape drives and has the tech to do a good job building this product for Sony. The power supplies are expensive, but I think there must be a market in data centers with servers that are on all time. It is desirable to lower electric bills with highly efficient but reliable power supplies in data centers. With the overwhelming use of data these days we still need tons of space for backups. So I think there is still a market for their product, and near-term I think the Sony deal should continue their growth. They weren't doing well, then in 2013 they began to be turned around. Now they are looking cheap.
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