News Focus
News Focus
icon url

hweb2

09/10/18 3:30 PM

#53429 RE: nelson1234 #52410

Adding some SVT below $10.50. This one should be trading at $12-$15 imo. Great Q2 report last month with after tax earnings of .30/share vs. .05/share last year. Q2 revenues up 24%. Solid balance sheet with tangible book value over $12.

They seem to be hiring like crazy according to their website. I remember the 1st and 2nd shifts before. But now they're hiring for 1st, 2nd and 3rd shifts! Business seems to be booming.

http://servotronics.com/careers/

If revenues continue to climb, SVT could easily post a .40-.50 quarter. Then this low floater will be off to the races. I'll continue to accumulate, but doesn't appear to be any rush.