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Re: Masterlu post# 139496

Tuesday, 01/29/2013 10:02:13 AM

Tuesday, January 29, 2013 10:02:13 AM

Post# of 232508
The voice of reason Masterlu! We are in a stock with a PE ratio of 7. No matter what exchange it is on, a fair PE would be 21, and a growth stock's PE would be much higher. Jeff Reid's email today told us to expect higher earnings in 2013. Despite repetitious and unsubstantiated claims to the contrary, I don't see where Jeff has ever lied or misrepresented facts about KMAG.
Factor together the low PE, the growth status of the RFID industry, the projected earnings increases and the voracity of the CEO, and we have a gem hidden on a dusty bargain shelf.
Clarity and patience will bring rewards. Keep a clear view of the facts as they unfold and patiently wait for fair value to be realized. That's the sermon I preach to myself as I scoop up shares at these outrageously cheap prices.