CalAmp Corp. (NASDAQ:CAMP)
CAPS Rating:
The Company is a provider of wireless communications products that enable anytime/anywhere access to critical information, data and entertainment content.
The Company is a provider of wireless communications products that enable anytime/anywhere access to critical information, data and entertainment content.
Recs
This came up in a screen for stocks with the highest gains in the last 4 weeks. With a fair book value of $0.87 this company is greatly overvalued. It is starting to post consecutive quarterly profits, but only has $25 million in shareholders' equity as of 1Q12. Should be an easy red-thumb target.
BnG,
Looking at your record I own many of your green thumbs (thanks for the VLCCF tip - into DSX now as well) and none of your reds...except CAMP.
I've followed this co. closely for years...why isn't the growth in EPS convincing to you? Steady mgmt with strong ownership , little to no debt, gaining share in large, relatively new Wireless markets (M2M, PTC) and improving margins/revenue in legacy Satellite division.
I'm confident next earning's call will produce more of the same and we will be looking at $1 per share next year.
I will study more the book value and shareholder equity components - any further feedback would be appreciated.
Thank you.
azinsd