Guys, if you invest in individual stocks, check out Cyois Corporation. ($0.12 per share as of 16-Apr-2009)
I stumbled over this company few weeks ago and did some research on it. Bottom line is that you have to jump on this stock as soon as possible!!! And this is why:
1. Last year Cyios went through a major make-over. They hired a financial management company to take care of their financial reporting and investors’ relationship. They also got a very good contract proposal writer that managed to secure a $175mln contract with FBI and added couple more pending awards (from US Army and DHS) to Cyios’s pipeline. At this point even if they will not win any new contracts in 2009 they should earn about 0.19 – 0.21 per share (EPS) which leads me to the second point.
2. This stock is currently trading at less than 1:1 ratio of current price vs expected 2009 EPS!!! This is insanely discounted valuation! Usually mature “cash cow” companies in this field are trading at least at 8:1 multiple (note: small and growing companies are even higher than that). Anyway even if we’ll use conservative 8:1 ration and 2009 EPS projection of 0.19 – 0.21 that would mean that CYIO should be trading at least at $1.6 per share (i.e. more than 10x times of its current prices).
3. Last but not least – this company is not covered by analysts so somehow this stock managed to stay away from day-traders’ radar.
P.S. According to their conference call, Cyios will report profit in its 2009 Q1 (note: 1st time in several years). Because of the FBI contract, that they recently won, 2009 Q2 will be even more profitable.
P.P.S. Note for my Army brothers and sisters - That’s the company that created our AKO portal.