Opinions
Benj Gallander
Alpha Pro Tech
APT-A
TOP PICK
Nov 09, 2012
Stock price when the opinion was issued
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Canadian company based just outside of Toronto. Clean, clean balance sheet. Money in the bank. Insiders own about 18% of the company. They thrive on disasters such as H1N1 Sars because they provide equipment such as gowns, shoes, head caps etc. About $40 million in sales and about $60 million in the last big scare. Generally make a little money every quarter. Has a target price of $3.49.
(A Top Pick Feb 16/12. Up 14.86%.) Health industry. Protective gear. Do well when there is a problem such as H1 N1 or SARS. Stock jumped recently because of flu fears. Also, do weather proofing for roofs. Management owns about 20%. Zero debt. Buying back stock now. Can see this one doubling from here.
This is in 2 fields. One is building supplies, which is doing fairly well in the US. They also do protective gear in the health sector field.At the time of H1N1 and SARS, this stock skyrocketed. The company has zero debt and money in the bank. A few years ago they had about 23 million shares outstanding and are now down to 18 million. They could double or triple from this level.
This is funny in terms of a long-term outlook. They have a buildings supplies business, and the hospital protection business. Whenever there is a pandemic in the works, this company takes off. It has been moving around $4 per share, and thinks it could go a fair bit higher. He would like to get $6+ on it. When it moves, it could move very quickly.
3 times it has spiked because they are in the ‘danger’ area – the hospital business – SARS, H1N1, etc. They are also in the building supply business so if housing moves up they could benefit. It is a spiky kind of company.