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rrat02

02/15/17 10:08 AM

#31785 RE: Fisher #31767

NAII: What was the BV as of 12-31?
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hweb2

02/15/17 10:43 AM

#31803 RE: Fisher #31767

Thanks CPTMatt for the NAII info. When did they tell you that? Would be an encouraging sign if they started buying stock again in the $9's. They haven't bought for several quarters, but have a $5M stock buyback in place. At least book value will keep rising each quarter as the company continues to post strong EPS, so that should keep a floor under the stock if they'd buy at book value.

Fundamentals don't seem to matter much in this market euphoria, but value players will find NAII eventually. Way too cheap here. What an overreaction. Company is temporarily losing some low margin contract manufacturing revenue...for a quarter or 2. They already lost some of that in Q2...and still earned .37/share. Q3 the low point...and they could earn over .30/share. Because the high margin revenue is going to keep growing. Then Q4 should should be back to .40-.50/share. Yet the stock is being beaten today like the company is going to start losing money.