Opinions
Colin Fisher
Axios Mobile Asset Corp.
AXA.H-X
TOP PICK
Mar 16, 2016
$1.190
Stock price when the opinion was issued
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(A Top Pick March 16/16. Down 25.21%.) He loves this company. They sterilize pallets and do the tracking of them. Primarily dealing with eggs right now. They had to do a restatement, but it was before they had any major earnings, so it really wasn’t material. They recently announced a new client win.
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They have pallets that are made of a whole lot of composites. They can be sterilized. Lots of chickens were lost due to avian flu. One of the vectors are the wooden pallets. They are lighter and result in less fuel consumption. They have RFID and thermometers on them. Stock splits done for the wrong reasons are the kiss of death. You have good management with a better board.