Furmanite Corp (FRM)

Check this out.

So far very tidy and profitable company, still in profit, cash equals debt and it's price is superbly down.
I don't uderstand it but I am willing to put my Caps score in.

Furmanite's primary business is that they fix pipes and valves. Water, Sewer, Oil, Gas, Nuclear Cooling, etc. They are a small company with a global reach. Good balance sheet and getting better, income is down due to economic conditions. Management is doing nothing fancy, just building the company little be little.

FRM provides services industry needs to keep old plants running--valve testing, leak repair, and the like.

A good little company providing real services to a wide range of businesses. They are currently down because the economy is down, not because of poor management, unneeded service/product, a flawed business model, or a pile of debt. They could return a 75% to 100% annualized return over the next 2-3 years when the economy picks up. They are profitable, though not as profitable as before; because their business is off like everyone else. They have a good balance sheet, with an asset to liability ratio of over 2 to 1, and a debt to worth ratio of 1 to 1. They have virtually no long term debt, and almost 60% of their assets are cash or near cash. They even pay a small dividend. As the economy starts to come back, they will be in a position to benefit by providing much needed services to many different sectors. I have taken a small position for now, and over the intermediate term will adjust it as conditions dictate. A good investment for those who are patient enough to wait for a bigger return. JMO and worth exactly what I am charging for it.

Because they will increase value in the short run but It looks like they will lose in the long run.

Maybe some down side, but upside potential is very good

Solid growth record and services are almost recession proof. Financials are solid and management is conservative. I can find no reason why this company has underperformed the S&P in the last three months other than it is a small cap. Buy on dips and hold looking for at least $8 -10/share by year end.

Repair of gas and oil lines will be needed and services will increase when oil and gas prices increases

Strong service company. Has positive cash flow and P/E less than 15.

It has positive cash flow already.

I like Furmanite and I've seen their work first hand in the electrical utilities industry. What the company does is inject a liquid that stops leaks at valve bonnets. That said, Furmanite stock moves relative to oil and utility prices. Another factor that figures into Furmanite stock is hurricanes and tornadoes. Currently the stock price is up due to hurricane Ike. However, when things like the Pickens Plan or PHEV's cause the price of oil to droop, Furmanite stock will follow it down.

This is an excellent stock to buy during hurricane season, and sell shortly after hurricane season is over.

FRM maintains and repairs energy generating facilities, our nation and the world's lifeline.

- Carol

When a the pipes break at a refinery the plumber they call is this company FRM. They have bought out most of the competition this company is well run, no debt, and a money maker! Great future and a buy

With the demand for oil and the need to fix old refineries, this company has huge potential for growth. A potential buyout condidate.

Has made the reight organizational moves, now ready to grow.
Technical engineering for electrical plants should be in demand

Undervalued stock. Expect big growth from these guys.

Infrastructure play. Demand will only continue to grow!!!

9 of 10
4 of 5

GROWTH IN THE MAINTANCE INDUSTY AND OIL REFINERIES.