(1) AMLJ just started making money hand over fist while growing rapidly with those earnings trading very cheap IMO compared to its market cap while sporting a pristine balance sheet. Net income up 433% last quarter over the quarter just prior for +.05 EPS. Annualized EPS last Q = +.20 and growing. PE of 30 = $6.00/share fair value IMO.
(2) AMLJ has a very sexy and highly credible story. They landed a $30 million UAV (Unmanned Aeriel Vehicles) contract with Raytheon has entered the production stage. Raytheon trades on the NYSE [RTN] with a multi-billion dollar market cap.
(3) I expect this will lead to further huge deals. PR hints at future program wins coming from other major defense contractors. Recently, a small order has already come from Northrop Grumman, another multi-billion dollar NYSE company [NOC], and this is a pre-production order which tend to happen before the monster orders come.
(4) At the same time of this exciting growth, they have successfully managed to reduce the cost of production with last Q gross margins were 51% vs. 41% in the Q just before.
(5) The company has a share buyback program authorized of up to 1 million shares which is a huge chunk of it's small float.
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.