Tom Nash
patreon
Undervalued $12 Stock (Defense Electronics)
🕑 Added 2021-04-04 08:39:28 +0000 UTCHey Patreons,
Please take a look at a company by the name of:
RADA Electronic Industries Ltd. (RADA)
Rada is $600 Million company that operates in the defense industry. The company provides unique military grade tactical ultra-mobile radar applications. It develops a wide array of defense electronics, including avionics solutions, airborne data recording and tactical radars. The main customers are in the global aerospace industry, including the U.S. Department of Defense.
The current share price is $12.5 and I think it will hit $16 by the end of 2021.
The company shows strong revenues (37% Gross Margin) and growth (72% YoY revenue growth). Rada had 28 million in revenues 3 years ago, it has just closed a TTM revenues of 76 million for 2020.
Short interest is quite small with 1.8%.
Based on recent news, it seems to be moving up. It just got over $15 million in new orders during January and February compared to a mere $6 million during the same period in 2020, with the majority of these orders from existing customers, which is a BIG indicator for me. The orders are expected to be delivered during 2021.
Please note that as with ANY post or video I make this is NOT financial advice and strictly my opinion and may be totally wrong. Do your own research please. Note that past performance is not a guarantee of future results. Don't assume an investment will continue to do well in the future simply because it's done well in the past. This is strictly my opinion, so do your own research and make up your own mind. This is not financial advice, just entertainment, so be careful!
Comments
Simo Häyhä
Ideally I’d say $11.5, but yes we missed the dip when it’s below $11
Haythem
Nice backlog. We missed the dip when they did a public offering in March. However I believe that is not the right entry point where it is at $12.50. I need to see it below $12 to take a position. Just my opinion. What do you think guys?
IVAN I LOPEZ
nice job brother can you send the DCF thx
