Here's a nice little thing I noticed about dassault a while ago by the way, a quick search for CAD products and Solidworks always shows up so it is a strong performer.
As for fully valued. I do say that too but it seems to continue climbing and after that little tech bust earlier this year I think people are looking for more steady performers in the small cap space, look at the rise in the chart, coincides almost perfectly with the bust early this year. NTC for example, the PE has exploded from 60-70 last year (When I sold @71 cents, stupidly) which I later repurchased at $2.50, and it is currently somewhere close to 155, at a high it was close to 200
Albeit NTC's growth is a lot faster than ALU's and potential for rapid increases in revenue are more likely, it seems to illustrate that people are looking for solid, proven double digit growth at the moment, and are willing to pay a premium, ALU is still running on a PE of 29, with a good result it could drop back down to 24, so it's not so expensive comparative to other small caps growing at similar rates , MBE is flying at the moment as well. Whereas last year money flowed heavily into no-revenue small cap tech companies, RFN, NOR, 1PG, DUB, FBR, BRN, ODN (I cannot believe I thought about buying it, saw it fly 600% thought the run had finished, again decided against it only to see a 1600%gain)
ALU Price at posting:
$7.41 Sentiment: Buy Disclosure: Held
