Opinions
Robert McWhirter
Ceramic Protection Corp.
CEP-T
BUY
Oct 27, 2005
Stock ranks 303 out of 700 in the database (neutral). The big reason for the slowdown in the stock is that one of their end customers had put a hold on some of their purchases but is now gradually coming back. Looking out to '06, earnings are expected to grow from $1.23 to $1.61 which is about a 30% earnings growth and is about 10 X PE.
$16.400
Stock price when the opinion was issued
misc industrial products
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
You might be interested:
TOP PICK
Likes current correction in the stock price. Consolidating. Earned $0.67 in 2004 for October and $0.80+ year end. This year, they will make $1.40/1.50 and next year possibly $2. Will be using ceramic protection in police cars which is a whole new area for them. Debt free. With a ramping up of their manufacturing facilities, earnings will accelerate.
misc industrial products
BUY
Performance has been disappointing. A couple of its end customers have announced new contracts for ceramic pieces for bullet proof vests. Expected to report on Aug 23 and earnings are projected to be $0.26. Ranks just out of the top quarter of his database. Feels there continues to be very good growth opportunities for it.
misc industrial products
WEAK BUY
They are winning contracts and is well managed. Has a very strategic position within the global industry. A painful stock to own. They report earnings, it will jam up and then nothing will happen, someone will sell 50,000 and it will go down $3 or $4. Probably won't get the multiple they deserve because of liquidity problems.
misc industrial products
BUY
Ranks poorly at 532 out of 700 stocks. He owns it because there was an article in the New York Times suggesting better protection for their soldiers. The Calgary pliant is only running at 50% capacity. They have a new contract with Ford for a police car door inserts. Still thinks it has some pretty good opportunities.
misc industrial products