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Re: 3Q guestimate     21-Oct-09 01:08 pm    
Hi, Mr. Subdueded,

<<How high does the stock price need to go before we get analyst coverage?>>
Probably never in our investment life time. It's too small to warrant dedicating any man hour. Say you are a junior research analyst. It costs the company at least $100 per hour. There is just not enough float in AEY to support it. Now, if AEY were in a glamorous industry, that might be different.

That said, as long as the company do well, price appreciation would follow. It won't surprise me that it'll trade at 2 x book at some point. The historical ROE and cash flow were both very good.

Good luck,
Sam
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  Subject Author Rating Time of Post (ET)  
 
10Q is still two, three weeks away, but judging by the ...
sambordulac Rate it 16-Oct-09 08:33 am  
 
Hi Sam, I am anticipating that aey earnings are ...
subduded200... Rate it 20-Oct-09 01:14 pm  
 
Hi, Mr. Subduded, The economy apparently s...
sambordulac Rate it 21-Oct-09 09:07 am  
 
Sam, How high does the stock price need to go b...
subduded200... Rate it 21-Oct-09 12:08 pm  
 
Re: 3Q guestimate
sambordulac Not rated 21-Oct-09 01:08 pm  
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ADDvantage Technologies Group Inc. (AEY)

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