1. bu-abdullaziz

    bu-abdullaziz عضو مميز

    التسجيل:
    ‏11 ديسمبر 2003
    المشاركات:
    1,777
    عدد الإعجابات:
    0
    Lebed.biz Stock Profiles:


    December 29th, 2004:

    We are profiling VSE Corp. (VSEC) at $24.15 as a short-term strong buy.

    VSEC is engaged in providing diversified engineering, logistics, management and technical services, performed on a contract basis, through its wholly owned subsidiaries and unincorporated divisions.

    Substantially all of VSEC's contracts are with agencies of the United States Government and other government prime contractors.

    VSEC grew their net profit from $652,000 in 2002 to $2 million in 2003 and $3.16 million in the last twelve months. Revenues during the last twelve months have been $201.4 million.

    VSEC has been improving their balance sheet and now has $21.7 million in shareholder equity.

    VSEC just announced last month that they signed a new $11 million defense contract for a fuel tank self-sealing system and add-on armor panels for the M969 fuel dispensing tankers.

    VSEC just announced last month that they signed a new $11 million defense contract for a fuel tank self-sealing system and add-on armor panels for the M969 fuel dispensing tankers.

    VSEC has been dipping during the recent months after reaching a 52-week high of $33.91 on huge volume but we believe it is now a great buying opportunity for the short-term.