SYBR could be next E M A K: 5.8 MM float profitable $90 MM sales
I bought a ton of E M A K at $1.60 and I thinj could be $4 AH tomorrow on tiny float and 2008 guidance.. it has historically been $8 - $12 when profitable.
SYBR reminds me of EMAK- a PROFITABLE $1.18 NASDAQ consumer product stock with CHINA SPICE MANUFACTURING OPERATIONS. SYBR is IMO BY FAR the most undervalued stock on NASDAQ under $2:
-Tiny 5.8 MM Float
-$77 MM annual sales
-2 cents EPS last quarter (weakest quarter) Management expects continued improvement!!
WHEN WAS THE LAST TIME YOU SAW A PROFITABLE CONSUMER PRODUCT STOCK WITH NEARLY $80 MILLION SALES WITH A $10 MM MARKET CAP? SYBR WOULD STILL BE UNDERVALUED AT $3 WITH A $25 MM MARKET CAP (0.3 X SALES).
-SYBR rose from $2 to nearly $8 in 2004. IMO SYBR is set to go on a tear. SYBR is finally turning its business around with a great balance sheet and higher margins driving profits.
-The second half of the year is the strongest for SYBR especially Christmas. I expect $.05 EPS in Q3 and $.08 EPS in Q4.
FROM Q2 EARNINGS PR:
The Company plans to further expand into the Dominican Republic, Colombia, Israel and Canada and continue to expand its assembly operations in CHINA for retail spice production.
The Company reported a net profit of $164,000 as compared to a net loss of $406,000 for the quarter ended June 30, 2007 as compared to the quarter ended June 30, 2006.