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Re: wadegarret post# 109445

Thursday, 12/14/2023 7:27:02 PM

Thursday, December 14, 2023 7:27:02 PM

Post# of 113952
FEIM (9.84) looks attractive, but the backlog is for deliveries spanning 2 to 3 years out, nor is it guaranteed .... it's potential. I doubt margins will hit 40% until the 2nd half of 2024 and 50% seems a stretch. Also I think they mentioned that only smaller orders are expected in the coming months, so the backlog could go into decline.

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