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Re: RNsidersbuying post# 75360

Sunday, 08/09/2020 4:08:58 PM

Sunday, August 09, 2020 4:08:58 PM

Post# of 113993
APT 18.24 - found the time to dig into the recent 8-K...

https://finance.yahoo.com/news/correcting-replacing-alpha-pro-tech-190000045.html

...As a result of the ongoing COVID-19 pandemic, demand for our N-95 face masks and other PPE remains strong and shows no indications of slowing as we move into the second half of 2020. Our backlog of orders continues to increase with current delivery commitments into the second quarter of 2021.

Anyone thinking this global covid19-overblown-freakout is going to pass anytime soon would buy oceanfront property on Great Salt Lake?

...During the second quarter of 2020, the Company brought all available phase 1 N-95 production lines into service and secured raw materials to support the fulfillment of anticipated 2020 orders.

With the phase 1 expansion now completed, Q3 numbers should be much stronger than the stellar Q2 numbers and this is exclusive of the "phase 2 expansion" noted in my previous post...Q4 should provide absolute monster numbers, n'est ce pas?

...Building Supply segment sales for the six months ended June 30, 2020 increased by $1.8 million, or 13.6%, to $15.0 million, compared to $13.2 million for the same period of 2019.

Note the recent positive numbers in most of the homebuilder filings. This longtime established company, APT, is literally firing on all cylinders.

Currently own a healthy long position with more bids below...

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