OPT Sciences Shows Evidence of Value Creation prada bag for sale OPT Sciences (OTCQB:OPST) manufactures antiglare and transparent conductive optical coatings which are deposited on glass used primarily to cover instrument panels in aircraft cockpits.

This is another micro cap company that has a tiny enterprise value due to a massive amount of cash and securities on the balance sheet. At a http://www.lhbon.com/yves-saint-laurent-c-118/ share price of $13, the market capitalization is ysl handbags for sale $10 million, but the enterprise value is only $1.4 million.

At $13, the company trades for 1x celine handbagsits net current assets ($12.92 per share) and 0.9x its book value ($14.12/share). So, at a minimum, the downside is small: the company could shut down and liquidate with a small or no loss to shareholders at balenciaga bag sale this price.

The company has $10.6 million in retained earnings; approximately 100% of prada handbags outlet the market capitalization. That is evidence of value creation.

Whopper Investments did a writeup of OPT Sciences celine bag online that was posted on Seeking Alpha:

in the past five years it has never earned http://www.lhbon.com/prada-c-122/ less than $409,000 in operating income, and balenciaga bag has twice earned more than $1 million (the highest op earnings were ysl handbagsjust under $1.3 million). So, on an EV/EBIT, you are paying somewhere between 2.5x cyclically depressed EBIT to somewhere less than 1x, depending on what you think the sustainable earning amount is.