Value Microcaps Motherboard

[whyme2005]

SIMC $5.88....Ever wondered why Jim Cramer would even care about tiny SIMC with only 1.7M shares on the float and less than $40M market cap??...

Jim Cramer recently stated:

......"I've locked in some partial profits on positions that have good strengtht this morning and added to positions such as Micronetics Wireless (NOIZ:Nasdaq) and Simclar (SIMC:Nasdaq). The market action looks fine, but I'm keeping my time frames short and am willing to do some flipping....."

I believe it is because SIMC is growing profitably at a phenomenal rate...It is just a matter of time until it reaches its fair value of $10 - $20/share.

Take a look at SIMC's amazing comparables for 4Q 2006 and FY 2006 vs. its 2005 performance to be reported after next month:

* $110M FY 2006 Estimated Revenues vs. FY 2005 revenues OF $61M........Up 90+%!!!!

* $2.5M 2006 estimated Net Income or 40c/share vs. $950K or 15c/sh in 2005....Up 250%!!!

* 4Q 2006 estimated Revenues of $31M vs. 4Q 2005 Revenue of $18M......Up 70%+

* 4Q 2006 estimated Net Income of $650K..10c/share vs. 4Q 2005 Net Income of $192K or 3c/share........a 300% increase!!

The link below shows SIMC's consistent growth the last several quarters...both in revenues and net income.

http://finance.yahoo.com/q/is?s=SIMC

SIMC has done an amazing job at quickly integrating these new acquisitions without causing disruptions to its consistently profitable path. SIMC has been profitable 9 of the last 10 years (except 2001).

SIMC has been growing organically and through carefully selected acquisitions. These acquisitions are helping SIMC diversify into new economy sctors such as the recent aquisition of Litton InterConnect a profitable division of Northrop Grunman with dozens of established customers in the defense and aerospace industries.

Litton Interconnect is a world-leading supplier of high-performance backplane interconnect solutions to major blue-chip customers in markets as diverse as network, wireline and wireless infrastructure, defense and electronic data processing. Backplane interconnect systems form the core of high-end electronic systems and provide the means for power distribution and data communications between electronic sub-system building blocks.

Worldwide, SIMC operates 16 manufacturing plants in China, Singapore, Mexico, Scottland, and several plants in the United States. With this diverse array of plants and hundreds of established companies in the the data processing, telecommunications, aerospace, defense, national security, instrumentation and food preparation equipment industries, SIMC is not dependent on a location, a large customer, or a specific industry to deliver consitently profitable quarters.

SIMC officials have said that they intend to continue to build SIMC into a global powerhouse in the contract electronics/machining industry. Watch for more acquisitions in months to come.