stocki711 (99.28)

ACY - Aerocentury Corp

September 15, 2009 – Comments (0) | RELATED TICKERS: ACY

This is possibly the safest buy I have seen. Graham corp hasn't worked out yet as it sits almost flat but it is still priced right although the entry point of $14+ may have come too late. This time I have Aerocentury Corp. They have a $25M market cap.

They are currently priced at $16.90 after a 3 day run-up of 30%+.

Their trailing 12month P/E:  5

Forward P/E: 5

shareholder equity: $37M +

share value: $38

15x current p/e: $47

 They earned $5.5M in gross profit last quarter on $8M in revenue.

17% growth in shareholder equity

They are still incredibly cheap after 30% run-up. I see another 150% from here. 

Strong earnings with a solid history