NTI Newmerical Inc.(CFD.V) – Bottom fishing a turnaround software stock ?

tara
+247-11

NTI Newmerical Inc. (CFD.V) CEO: Dr. Wagdi G. Habashi , 514 398-7314 Vice-president email: martin.aube@newmerical.com

The company develops and markets advanced Computational Fluid Dynamics (CFD) software and offers flow simulation services in the aerospace, architectural, automotive, and marine markets.

The pros

- Returning profitable in Q1 with positive outlook for 2nd half of 2008 - Positive working capital - Gross margin was 69% in Q1 - Book value of .05$/share with no goodwill/intangibles - Positive free cash flow from operations for Q1 2008 - Insiders own about 12M shares (about 47%) - Market cap of less than 1M$ - Long term debt = 0 - 24.6M shares outstanding

The cons

- Illiquid - No investor relation exposure yet

What makes this company interesting?

Extremely low market cap, sizeable customer list, high gross margin with several opportunities in the wing, in terms of sales. Very little investor relation exposure will be necessary for an uplift. Based on management comments, it seems they won’t need to raise capital to suffice for the next 12 months.

Alicias
+232-28

Re: NTI Newmerical Inc.(CFD.V) – Bottom fishing a turnaround sof

What kind of overhead expenses do they have and how much is in the bank?

Also I asked you this on another one of your blogs but are you a daytrader?

GrandpaJack
+86-7

Great call Tara

You write them up yesterday and today they are up 100%! I've read two of your reviews and truly enjoy them very precise and clear analysis.

I noticed the company has bought even more of their own stock. Now owning 49% as they bougt another 600,000 plus shares at .03.

Stock Quote