Hidden Gems

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Hi Dubi - DFNS .40 is a hidden gem. Isreali defense - armament, laminates, vehicle and personal armor, etc., Read description with is impressive in filings.

It's been dead in the water for a number of reasons that seem to be passing.

1)Vests have been stopped because of problems with vests containing Zylon even though DFNS does not use Zylon. See last Q filing where this is discussed.

2)Move of a plant from Gaza. They list as an asset expected reimbursement from the Israeli government.

3)US exports are becoming a big part of the company's revenues. They recently purchased a US subsidiary to facilitate military and related sales.

As with any gem, risk is there but a decent balance sheet and tight float.