This Company is loaded with 68 mil cash and Highly Undervalued
With Net Earnings up 12% and 5% top line growth this company is highly undervalued.
rather than just looking at the PE ratio I think everyone should pay attention to the 68 million cash this company has which comes to about $2.20 per share and if you multiply that by the industry average (3-4X cash) this company should easily be trading in the $6-8 range once the market catches on. Historically company's with strong cash are typically strong growth earners.
CEU will be presenting on Thursday May 13th at the Piper Jaffe conference so that should attract some new institutional investors and bring some buying into the stock. Keep an eye out on this stock over the next few months
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