InvestorsHub Logo
Followers 312
Posts 21707
Boards Moderated 18
Alias Born 12/28/2002

Re: None

Friday, 06/17/2005 3:09:24 PM

Friday, June 17, 2005 3:09:24 PM

Post# of 174010
NCNC.OB at .21 X .23 after spiking up to .40 on good numbers a few weeks ago. Q1 earnings of .015/share vs. a loss. Q1 revenues up 46% to $1,431,889. Company received a $1.8M order in April that raised its backlog to $4,850,000. If this company receives zero orders for the rest of the year, they should still average $1.6M+ in revenues for the next 3 quarters. And if the turnaround continues (as recent PR's suggest), this company could see quarterly revenues of $2-$3M. Earnings could be a lot higher than the .015/share earned in Q1. Balance sheet stinks, but this stock could see a double or more from the current price IMO. Annualized P/E is less than 4.



Join InvestorsHub

Join the InvestorsHub Community

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.