Momentum Players

[jaybird249]

New IBD Momo Play: KTCC $3.6 profitable $4.3 per share working capital
KTCC:NASDAQ is an electronic manufacturing services (EMS) provider that is the best buy on NASDAQ IMO:
-10 MM shares outstanding.

-Net working capital of $43 Million = $4.3 per share. KTCC market price of $3.6 is INSANE- how often have you seen a debt free profitable company trade below liquid asset value?
http://finance.yahoo.com/q/bs?s=KTCC

-KTCC just reported $.11 EPS in third quarter 2008 and is forecasting $10 - $.15 EPS next quarter.. KTCC has historically been VERY conservative in forecasts.

-IBD 100 MOMO: KTCC is on the widely followed Investors Business Daily Top stock list. This list is widely followed by Momentum investors. With its low float and stellar fundamentals, KTCC is poised to join the ranks of other IBD Momentum plays like WSCI ($5 to $17.6) and PDO ($3.50 to $8.80).

KTCC is diversifying its customer base and ramping up sales which will contribute to MUCH higher earnings in Fiscal 2009:

“During the third quarter, we continued to diversify our customer portfolio across a wide range of industries, winning new customer programs involving a consumer medical device, energy technology, home air filtration and specialized touch-screen panels. We expect these new programs to begin contributing revenue in fiscal 2009 and we continue to pursue new opportunities for profitable growth.”

KTCC is an undiscovered gem, but not for long. $10 Target.