Its about building a business and its capacity to generate cash and hopefully profits.
I work in a massive business that turns over billions and billions yet makes no profits for shareholders because the management are all working to a idialogical mantra rather than working with staff to make profits for shareholders.
At UNS the management have been working with customers to develop the exact products they want. At the same time those customers funded a production facility thats 3 football fields in size and installed two new production lines. So ignoring the price of the stock has the company got closer to being able to earn real cash flow ? Yes for me !!!!!
So back to the market as a the monster it is. The price hit over $1.70 one day I remember when I was driving around on a golf cart enjoying a fantastic day !!! But at that time with no factory built and no lines installed was the company really worth $500 M.......... And now with all that achieved is it worth $200M ?????
Simply the market never gets it right and shoots from over priced to under priced in a repeating cycle, yes dont we all wish we were smart enough to hold that last putt and sell at $1.70, in hindsight it looks easy but momentum of the share price going up makes us all believe it will keep going. Sad fact is fear is the greater emotion so it comes back quicker.
As old Lou says in Wall St "Stick to the fundamentals" Lets see if they can turn theses sales into cash flow and more importantly into nett profits!!!!! Im not all chips in yet but Ive learnt patience and never underestimate the stupidity of the market !!!
good luck to you
UNS Price at posting:
72.5¢ Sentiment: Hold Disclosure: Held