Alpine Group Inc. (fka APNI)

[bhinde99]

Info on APNI which has has green "STRONG BUY" signal.

Alpine Group Inc
One Meadowlands Plaza
East Rutherford07073
Phone [phone]
http://www.alpine-group.net/

Market cap: 6,087,489
Shares outstanding: 14,847,535
Closely Held Shares: 4,197,708

The Alpine Group, Inc. (Alpine), incorporated in 1957, is a holding company, which has owned and operated industrial and other manufacturing companies. Alpine has invested in and operated domestic and global manufacturers of specialty materials, coatings, wire and cable products and electronic components. At December 31, 2009, Alpine's operations consisted of its 52% ownership in SCL; Exeon Inc. (Exeon), a wholly owned subsidiary; Posterloid Corporation a wholly owned subsidiary, and Wolverine Tube, Inc. (Wolverine). On February 17, 2010, Alpine and another unrelated investor organized ZephRa Energy LLC (ZephRa). ZephRa is a start-up venture focused initially upon the North American renewable energy services market, including engineering, procurement and construction services for wind farm and solar energy projects. Alpine and its co-investor own ZephRa on a 50% / 50% basis.

Year on year Alpine Group Inc had net income fall 8.79% from a loss of 7.80m to a larger loss of 8.49m despite a 237.57% increase in revenues from 36.68m to 123.81m. An increase in the cost of goods sold as a percentage of sales from 92.34% to 100.48% was a component in the falling net income despite rising revenues