Microwave Filter Company Inc (PK) (MFCO) News

$MFCO Tier_Change: Pink Limited to Pink No Information

OTCM Link
https://www.otcmarkets.com/stock/MFCO/disclosure

My write-up on MFCO can be found here;

https://www.elementaryvalue.com/investing-blog/microwave-filter-co-inc-mfco-a-pink-sheet-nano-cap-with-undervalued-assets

Missed my guidance......
Rev $858k(instead $1050k)
cost $515k
sg&a $401k
net income -$60k(instead $132k)
backlog $1369k up from $1301k.

The revenue shortfall,all is attributable by the satellite($191k vs $360m),one of the 4 revenue generating segments.

Guidance next q..............
@66c 2.5<pe<3.5

Last q,it made.....
4.5c per share.Wooowwww.

Pickup few shares....
Then the ask jumped sky high.Wooowwwww.

Newbie to the board.....
Time to wakeup on this one.

Moving on up!

I don't know if you are still in this but this could get interesting quickly. Back to back .04 eps q's and 3 straight profitable q's are being masked by a bad 1st q that is about to be replaced by this years 1st q results. Trailing eps could shoot from .01 to double digits. Not to mention cash per share of .43. This small floater looks very interesting to me.

Back to back .04 eps q's. Cash per share .43. Book value of .63. Looks cheap and has a tiny share structure.

10k out.. no fireworks this time.. see u when things turn around

expecting fireworks within the next week or so