NNRF Inc (NNRI)

[stocktiger]

Here is the 60-min

As I put in this mornings audio update:

So far in the first two quarters ATOLL had had $38 million in sales and about $9.5 million in profits after taxes. We know that for the first quarter NNRF, Inc only owned 13% of ATOLL but now they own 50%.

If ATOLL did not even improve than in the next 4 quarters they would do a profit of about $19 million and NNRF would get half of $9.5 million - roughly $0.21 - $0.23 in net profits before the expenses of NNRF, Inc. NNRF is now making FEECOM and BIECOM in Germany so next quarter will begin selling and installing. This we expect will take care of expenses and make a very healthy profit also. Even at that with no additional the stock now is trading at about 10X forward PE.

However - we expect the sales of ATOLL to increase a lot in the next year as nuclear activity is really picking up and they moved to a larger facility to increase production.

Also NNRF is sill moving forward with, especially its acquisitions of JSC Electroprivod and Velkont and I believe that they will add at least as much to the profits as ATOLL over time.

We have yet to talk of remediation projects of which the International community has set aside $4 billion to $20 billion nor are we talking yet of the transportation and storage of hazardous waste from many countries.

The point is that this stock is at a silly low price. Stocks can do that for quite some time but eventually they for sure get back to reality and this will be a lot higher not even based on speculation but on real results.

Here is the NNRI 60 min chart as mentioned at the $2.30 price