Still holding 39% of his position. Got accepted into the Tel Aviv top 50. Clean balance sheet. No debt, lots of money in the bank. Has been well over $8 in the past. Hoping for a special dividend like in the past year. Cash flow has been so positive that it could do it again.
Made a stock offering at $8.50 a share which made the stock tumble again. They don’t need the money. Have a clean balance sheet with no debt. Record revenues and a great bottom line. Looking at doing a takeover of another company in the field. He can see this going over $10.
Sold over 60% of his position. Had felt the stock would be going into double digits but the stock started to die. Almost every quarter, reports record revenues. Clean balance sheet with no debt. Recently took over more of a company that they owned in South Africa. Thinks it can get into double digits.
Sold a good piece is the $6.65 range. Clean balance sheet. Record revenues in the last year. Regularly do other deals. Likes this one. Could see it going to the double digits. Buy in fall.
This company is doing beautifully. Had a tremendous year in 2011 with record revenues and very profitable. Revenue growth of over 20%. This company is past the turnaround phase and well into the ”boost” phase. He could see $10-$11 being very possible. PE is only around 12.
Sold part of his position at $7+ and will sell the balance at $10+. Company is doing very well. Record earnings and revenues. Great balance sheet and no debt. Just bought more of a South African distributor. Technology they are the leading edge.
Tremendous returns for him. Sold 60% before it came down. He wouldn’t buy more because he doesn’t average up. Profits keep going up smartly. Thinks it has a lot of upside and he wont sell more until $8.
Looking at what point to Sell the rest of his holdings, possibly around $10.50. Had it at a Buy at $3, which it has far surpassed. He doesn’t Average Up, so won’t be Buying more.
(Top Pick Aug 7/09, Up 71% total return) Special dividend, record revenues. Cash keeps going up. Reporting excellent profits. Has been run beautiful. May do a special dividend in another couple of years. He’s loving this one.
(Top Pick Aug 7/09, Up 53%) clean balance sheet. Special $.50 dividend. Products going gangbusters right now. Should see a lot of upside. If they got taken out it would not surprise him.