veecat this is you, page-8

re: value Yes the orders are there and the technology is proven, but all l am pointing out is that market will place a lower pe on such a company because it is specialized and unusual, hence a perception of higher risk.

They will repurchase shares if it comes down to a point where they can create real shareholder value, otherwise better to use the cash for expansion. Good that they have the common sense and flexibility.