Monday, February 07, 2011 12:40:02 PM
Fundamentals show that DIAAF business has been booming in their latest SEC report:
Sales Increased over 2,000 %
Profits of $413,000
Net Income increased by over 400%
Diamant Art security services are offered through their subsidiary T & R International. Just this month, DIAAF announced an innovative indentification system that detects stolen merchandise returned for refund. In a press release, Diamant stated initial revenues from that new product alone could justify exceed $250,000,0000. This level of business would easily justify a share price of over $2.
Just a couple of days ago, Diamant Art signed a Joint Venture with a company providing due dilligence and global investigations. That new partner employs staff that has formely worked for Israeli, American, Russian and British Secret Service and that has connections and experience throughout the whole world. In addition to that, DIAAF is working to build up a a new US team of engineers to work on its new cutting-edge technologies and services.
Conclusion: DIAAF shares are on an upward trajectory. Short term, a 20% return or better should be easy for the stock to acheive. Longer term, if their new product meets up to management's expectations, this stock can trade north of $2 per share.
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