Value Microcaps Motherboard

[cliffvb]

FPWR- This one is showing good strength and volume today. I expect we will see a strong earnings report in the next couple of weeks. Fountain Powerboats manufactures high end speed/ race/ fishing boats and continues to report record backlog #s in recent PRs. This should translate to higher sales and substantially higher eps in the coming year. There are also rumors of a possible buyout by Brunswick. Could be something to that as Brunswick has guaranteed an $18 million loan FPWR in return for FPWR using Mercury engines in its boats. (Mercury is a subsidiary of Brunswick). The founder, CEO, and majority stockholder, Reggie Fountain, is also at the age he may be looking at retiring (if the price is right).

FPWR remains cheap selling at a trailing PE of 14 and a low Price/Sales ratio of .4.