What am I missing?
Thanks for the analysis, I'm long on SODI.
Hey William, i throughly enjoy your write ups and back story. I am also currently a college student, senior to be exact. I am also what you would call a “value investor” or “net net” investor. If you are open to talk more about investment ideas let me know. I have a few investment ideas that might interest you. Let me know.
Nice writeup definitely agree with the undervaluation. Few questions though is that 1) Whats your take on the recurring nature in terms of sales? I get that if they're in a contract that it's going to have a ton of life to give and cash, though where I am having trouble is the frequency of how many orders they get per project from say Raytheon. Should one measure the contracts as a measure of potential sales growth other than say bookings to get a picture of growth? 2) The late 10k again and does that worry you? 3) Correlates with the writeup, are you including the scrapwork and one-off items in your $3 million profit for 2022? Other than those peculiarities I find it a great business.
Great analysis. Looking forward to reading your future posts.
Hey William, I hope you are able to see my emily’s. Just making sure I am sending to the right one.