FFEX:NASDAQ $1.6 3 forward PE
FFEX is up signifcantly since Q2 earnings, but is still trading at a huge discount.
FFEX announced $.06 EPS in Q4 2009, AND IS PROJECTED TO EARN AT LEAST $.26 PER SHARE IN THE SECOND HALF OF 2012 BASED ON THE FOLLOWING GUIDANCE FROM THE CEO:
-The Company expects that quarterly results will continue to improve throughout the year.
-We are on track to restore the Company to profitability this year.
-FFEX trades at a P/S ratio of 0.07 compared to the Industry average of 0.62 If FFEX traded at even HALF the sector average it would be $5.
FFEX has slashed costs to the bone by investing in fuel efficient trucks. They are growing revenues and more importantly, MARGINS, by diversifying into bulk water transportation for the crude oil sector.
FFEX has a tightly held 11 Million float.
FFEX traded at $10 in 2007. The results projected for the second half of 2012 will surpass the 2007 results.
In short, FFEX has all the ingredients to go much higher in a very short time frame.
HIGHLIGHTS:
- Profitable
- 11 MM share float
- $25 MM market cap
- $380 MM + revenues
- Will earn at least $.26 EPS in second hald of 2012 based on CEO guidance.
- Traded at $10+ in 2007
- Frequently mentioned as acquisition candidate because of heavy industry consolidion
- Diversification into water trucking business for oil sector substantially improving sales and margins and provides huge growth opportunity
