Replies to post #99443 on Value Microcaps Motherboard

[True FL Native]

Jaybird: Where have you been for the last 10 weeks?

[littlefish]

jaybird, ANTP- that was a decent Q reported (not great but decent) IMO. However, if 70% of backlog is to be realized in Q4 it kinda makes one wonder how quickly can they replenish that backlog once Q4 passes? If they report Q4 $3+ mill revs and still show backlog over $3 mill I would feel more comfortable about their general biz.
I agree they do have a lot of warehouse space (real estate value) in Texas if I remember correctly that is sitting mostly idle. Many areas of Texas have decent real estate markets probably in part from the oil boom unlike some other areas of the country so ya there is probably some 'hidden' value in that asset.
Been a little bit since I looked at them but I don't think it is worth $15. Not without some big contract announcement or something.
Good luck.