I wish i knew. i bought in on the strong fundamentals of this company and the exe. FFr divs.
Started at $1.79 and have averaged down.
Yet something is not right. Based on the work available, track record, EPS etc... this should be about $2.00-$2.40 SP when comparing PE with other engineering companies
Meanwhile i am holding on.
If i had no exposure i would buy some at $1.50. VMG are duty bound to immediately report to the market any abnormalities. Hence, i am giving managementthe benefit of the doubt.
Could VMG be a TOT at this low price?
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