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e-ore

11/27/17 9:02 AM

#9064 RE: otcbargains #9063

Well done on the pick 3 contest, congrats. I'm still liking SCIA. At 1.00 market cap is about 55% of 1 years revenue. Operating on a break even basis, has some new products, manageable debt load, no convertible debt. Was looking ok after August's 10q, had a nice rise to 1.50. Back to 1.00 after ceo said:
"Mr. Rooney continued, “We have remained focused on increasing our customer base and pursuing long-term growth opportunities throughout 2017 while experiencing uneven order patterns. Sales are benefiting from orders that involve new and innovative applications based on our ongoing research and development activities and changes to our sales strategy that began in late 2016. These efforts are expected to contribute to incremental growth in 2018 although we anticipate that revenue and net income will be sequentially lower in the fourth quarter of 2017.”

Much patience required here. I don't expect any spikes until better financial results come which I believe will happen next year. Unless there's an announcement regarding their new cadmium-free solar panel ingredient, which is a potential game changer for the industry. A safe hold with solid long term potential, imo. If you're into that kind of thing.