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Re: researcher59 post# 32146

Friday, 01/06/2006 2:55:53 PM

Friday, January 06, 2006 2:55:53 PM

Post# of 173972
GV @82c- Been loading up on this wadegarret pick myself. Earned 3c last Q and also reported:

Real estate backlog: (all closing by early this year) is $3.2 Mil vs 0 a year ago. Revenues from Pineapple House, a much larger project, will also be coming in this year. With the huge increases in Real Estate prices where their projects are located, I see very large profits being generated.

Electrical construction services backlog is $13.8 Mil vs $5.3 Mil a year ago. That backlog did not include revenues from last summer's hurricanes which should be substantial as well.

Priced at book value and only 60c of market cap per dollar of sales. The SP on this one hasn't gone much of anywhere in years but this year could be the one as all divisions should show strong sales and profits over the coming year.


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