Savvy Trades and Investments

[larrybaz]

AATC - I don't think you can necessarily look back at the past 12 months and extrapolate. The first three of those four quarters pretty much sucked. Things turned around in the last quarter, and here's what the CEO had to say in the delisting PR:

Frank G. Hallowell, interim Chief Executive Officer of Autoscope Technologies Corporation, commented, “As the Company’s supply chain constraints have passed, the business’s profitability has returned to its normal levels. Due to these factors, along with the expected reduction of administrative and other expenses due to the delisting and deregistration, the Board has determined that it will increase the Company’s quarterly dividend amount going forward from $0.12 to $0.13 per share.”

In both 2021 and 2020 they had positive operating cash flows of $2.5M.

The huge infrastructure bill should be helping their business.

I've never been a fan of de-listing and de-registering. It always seems to screw the shareholders at least in the short term. Hopefully these guys see a bright future and just want to concentrate on execution without all the administrative/regulatory burden.

At yesterday's closing price of $3.49, if they can continue with last quarter's EPS, we're talking a p/e of 7 and a dividend yield of 14.9 percent.

I like it down here and continue to accumulate.