Avid Bioservices Inc (CDMO)

[bfiest]

Putting it all in perspective remember where this company is.

Pros

: High growth high demand industry
: Barriers to entry are high.
: Stellar regulatory record.
: They are fully set-up for growth.
: increasing efficiencies
: BOD fully qualified and well connected.
: Management team highly qualified and time tested in this industry.
: Health Care is a defensive industry.
: Sale of IP may bring future value?? Big questions here.
: Sales expanding albeit slower than we like.
: Industry is consolidating big time.

Cons

: Excess capacity is a cost.
: General Market conditions currently difficult.
: Lack of profitability to date.
: Not fully established as a long term viable company. Makes sales solicitation more challenging.


I like the odds here even in the tough conditions we have been witnessing lately. There is value here in my opinion. This is a good place to be in my opinion.