03-17-2021, 10:26 PM
It appears as if CLPS can be a big hit
<!-- SC_OFF --><div class="md"><p>Everything looks great on paper and I don't know if I'm missing something or if this is truly a diamond in the rough. </p> <p>Basic info: </p> <p>Small market cap, 84.51M<br/> Shares float: 4.88M<br/> P/E: 16.18<br/> Insider ownership: 69.69% (lol)<br/> Sales Q/Q: 89.30% </p> <p>With this characteristics, specially the market cap and float, it won't need a lot of buying pressure for the price to soar. And as for reasons for this: </p> <p><strong>from their last 6K filing:</strong></p> <p>First Half of Fiscal 2021 Highlights (all results compared to the six months ended December 31, 2019)</p> <p>Revenues increased by 37.0% to $58.3 million from $42.6 million.<br/> Operating income increased by 213.5% to $3.9 million from $1.2 million.<br/> Net income increased by 114.9% to $4.9 million from $2.3 million.<br/> Net income attributable to CLPS Incorporation’s shareholders increased by 105.2% to $4.9 million from $2.4 million.<br/> Basic and diluted earnings per share was $0.30 compared to $0.17 basic and diluted earnings per share.<br/> Net cash provided by operating activities increased by 66.2% to $9.4 million from $5.7 million.<br/> Non-GAAP net income guidance for the fiscal year 2021 was adjusted upwards to 60%-65% from 32%-37%. </p> <p>Nuggets from their last earnings call: </p> <p>"I am pleased to announce that CLPS continues to grow in an upwards trajectory as evidenced by the solid financial results for the first half of fiscal year 2021" </p> <p>"With our aggressive growth pipeline, we forecast a 30% to 35% increase in revenue and an adjusted non-GAAP net income increase of 60% to 65% for the whole year of fiscal 2021." </p> <p>They earn money, have cash in hand, low debt, good performance, strong perspectives for this year, how come they are still trading so cheap? Any feedback appreciated.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Abject-Cap"> /u/Abject-Cap </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/m72uc2/it_appears_as_if_clps_can_be_a_big_hit/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/m72uc2/it_appears_as_if_clps_can_be_a_big_hit/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Everything looks great on paper and I don't know if I'm missing something or if this is truly a diamond in the rough. </p> <p>Basic info: </p> <p>Small market cap, 84.51M<br/> Shares float: 4.88M<br/> P/E: 16.18<br/> Insider ownership: 69.69% (lol)<br/> Sales Q/Q: 89.30% </p> <p>With this characteristics, specially the market cap and float, it won't need a lot of buying pressure for the price to soar. And as for reasons for this: </p> <p><strong>from their last 6K filing:</strong></p> <p>First Half of Fiscal 2021 Highlights (all results compared to the six months ended December 31, 2019)</p> <p>Revenues increased by 37.0% to $58.3 million from $42.6 million.<br/> Operating income increased by 213.5% to $3.9 million from $1.2 million.<br/> Net income increased by 114.9% to $4.9 million from $2.3 million.<br/> Net income attributable to CLPS Incorporation’s shareholders increased by 105.2% to $4.9 million from $2.4 million.<br/> Basic and diluted earnings per share was $0.30 compared to $0.17 basic and diluted earnings per share.<br/> Net cash provided by operating activities increased by 66.2% to $9.4 million from $5.7 million.<br/> Non-GAAP net income guidance for the fiscal year 2021 was adjusted upwards to 60%-65% from 32%-37%. </p> <p>Nuggets from their last earnings call: </p> <p>"I am pleased to announce that CLPS continues to grow in an upwards trajectory as evidenced by the solid financial results for the first half of fiscal year 2021" </p> <p>"With our aggressive growth pipeline, we forecast a 30% to 35% increase in revenue and an adjusted non-GAAP net income increase of 60% to 65% for the whole year of fiscal 2021." </p> <p>They earn money, have cash in hand, low debt, good performance, strong perspectives for this year, how come they are still trading so cheap? Any feedback appreciated.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Abject-Cap"> /u/Abject-Cap </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/m72uc2/it_appears_as_if_clps_can_be_a_big_hit/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/m72uc2/it_appears_as_if_clps_can_be_a_big_hit/">[comments]</a></span>Kind Regards R