While the company has experienced headwinds from the pandemic, growth is already returning. The company has a solid growth trajectory generating 90% gross margins and increasing amounts of free cash flow. It’s dependent on one solution which is a bit of a risk (although low, in our view) but it’s working on another one. Source: […]
Entries from September 2020
Semler’s Growth Is Resuming
September 29th, 2020 · Comments Off on Semler’s Growth Is Resuming
Tags: SMLR
EnLink Midstream’s 15% Dividend Yield, Whether There’s A Catch
September 29th, 2020 · Comments Off on EnLink Midstream’s 15% Dividend Yield, Whether There’s A Catch
The company was buffeted by the crash in energy prices but swift management action in Q2 managed to turn the situation around. While the company still has a large debt, they do generate a lot of excess free cash flow which enables them to decrease leverage further from the present 4.3x level. Amazingly, even after […]
Tags: ENLC
EDAP Set For Long-Term Growth
September 28th, 2020 · Comments Off on EDAP Set For Long-Term Growth
The company offers an innovative device that produces non-invasive HIFA treatment for prostate cancer with other applications to follow. Despite the pandemic and reimbursement which is yet to be settled, the company is still managing to sell these devices. An increasing installed base will increase the stream of revenue from consumables. The company isn’t bleeding […]
Tags: EDAP
Issuer Direct Turning SaaS
September 28th, 2020 · Comments Off on Issuer Direct Turning SaaS
The company produced very good Q2 results that moved the stock significantly higher. However, to a considerable extent, this is due to a temporary low in operating costs. These will increase in H2 again. That doesn’t mean this isn’t a well run company that is likely to gain market share, they will. Source: Issuer Direct […]
Tags: ISDR
Perion Is Turning A Corner
September 28th, 2020 · Comments Off on Perion Is Turning A Corner
The company suffered an onslaught through the pandemic which was partly masked by an acquisition. However, it’s cementing its alliance with Microsoft in search through increasing cooperation and two acquisitions are putting its struggling ad business on a new footing. Recovery might not be instant, but the pieces seem in place and the shares aren’t […]
Tags: PERI
Much Of Southern Europe Is Insolvent
September 28th, 2020 · Comments Off on Much Of Southern Europe Is Insolvent
Don’t take the recent euro strength at face value, it’s simply the result of US rates finally plunging to zero. Behind the euro facade is the fact that much of Southern Europe is basically insolvent with the ECB underpinning their public finances as buyer of last resort. Funny enough, this ECB buying will become much […]
Tags: Eurocrisis
Eltek’s Improving Fundamentals Have Legs
September 22nd, 2020 · Comments Off on Eltek’s Improving Fundamentals Have Legs
Eltek operates in the high-end of the PCB market, mostly serving defense industries in the US and Israel. The company has managed to produce decent growth and margin expansion the last couple of years, producing solid cash flows. There are no immediate reasons to assume that these favorable developments can’t continue, and the shares aren’t […]
Tags: ELTK
Kopin Should Bounce From Here
September 22nd, 2020 · Comments Off on Kopin Should Bounce From Here
The company already has two military programs in production, with at least three more to follow before the end of next year. This will provide a considerable revenue boost, reduce cash bleed and could further increase margins. The technology developed for the military will be leveraged in the VR/AR market, which perennially is just around […]
Tags: KOPN
FormFactor Is Set To Continue Growing For Years
September 22nd, 2020 · Comments Off on FormFactor Is Set To Continue Growing For Years
FormFactor is a leading supplier of advanced probe cards, and the demand for these is likely to grow faster than the growth of the overall semiconductor market. The company has a history of growth and steadily increasing finances, and we see no reasons for this to change anytime soon. It has a healthy balance sheet, […]
Tags: FORM
Fulgent’s Epic Ramp In Testing Is One For The Ages
September 22nd, 2020 · Comments Off on Fulgent’s Epic Ramp In Testing Is One For The Ages
It’s only a relatively small player in the rapidly expanding field of genetic testing, but this is changing in front of our eyes. It was already known for the quality of their platform which could develop new tests faster than most and at lower price points. But what they have done with Covid testing is […]
Tags: FLGT