PYYX($1.60) looks very cheap; Q2 $.32 vs ($.06), revenues up 23% to $624M
PYYX will have $2+ billion in revenues this FY. Hard book value is about $4+/share; cash is about $4.50/share (!). Also, in today's PR the company raised guidance for the second of their FY. The debt is the big negative in this story, but that was restructured early this year and their credit line was again boosted last month, suggesting confidence from their banks.
Finally, investors should also check out comp UVV. Same biz, same number of shares out, same revenues roughly...stock price $52. I think UVV might take PYYX out some day.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.