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15-07-2013, 04:15 AM
Can someone enlighten me on this Nera Malaysia thing? It paid $200k to get a company that is worth $7mil? Strange that the vendor is willing to sell it off so cheaply?
Will it need to restate its Q1 statement with this restructuring which adds about $320k to its Q1 profit? The EPS will then becomes 1.71cts. Perhaps Q2 will also benefit from this restructuring as well. The Q2 report should be out soon.
It seems to me that NeraTel can actually expand its business quite easily. Any reasons why it is not pursuing growth more aggressively for the past few years. Is it limited by the market?
It has also been building up its cash very nicely over the last few years.
However, its current price of $0.775 is about 12xPE on 4xQ1 EPS. Upside seems limited now.
Will it need to restate its Q1 statement with this restructuring which adds about $320k to its Q1 profit? The EPS will then becomes 1.71cts. Perhaps Q2 will also benefit from this restructuring as well. The Q2 report should be out soon.
It seems to me that NeraTel can actually expand its business quite easily. Any reasons why it is not pursuing growth more aggressively for the past few years. Is it limited by the market?
It has also been building up its cash very nicely over the last few years.
However, its current price of $0.775 is about 12xPE on 4xQ1 EPS. Upside seems limited now.