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Lakeland Industries Inc (LAKE)

NASDAQ
Currency in USD
Disclaimer
18.30
+1.99(+12.20%)
Closed

LAKE Comments

oought shares at 26.9000 two days ago, I really dont get how this company is not valued a lot more then it is, 35 million net profit last year, no debt, they don't pay a dividend.... this doesn't even make sense its one of my best picks I have maybe one other stock that I like more then this one - I think its the best one but its top 2 for sure hostile take over coming
I agree. They only thing that i can think of is slow down of covid sales, but thats only 30-35% of sales and they can still have a nice net income without that
The stock is such a small cap and owned mainly by index funds so i think they havent caught on yet. If there net income keeps on like this for 2-3 quarters, half the value of the stock will be a pile of cash
stick with it, it'll pay off.
https://www.valuewalk.com/alpha-pro-tech-double-triple-money-2021/
Alpha Pro Tech, Ltd. (APT) P/E  11  and ROE 85%
Alpha Pro Tech, Ltd. (APT), made face mask, up 16%
this years eps will be $5, next earnings of Q3 is due on the 10th, forward p/e for this fiscal year is way below 4. I mean FOUR! Isn´t this insane? And you should remove the cash around 60 mill at the end of the year and calculate valuation without it. Even better. This is BUY for value investors, the market must come to its senses
correction: this years EPS will be around 4.2-4.6 Read the Q3 ER and the CC transcript. Valuable informations there!
lake is getting no respect.
Fw P/E is now around 4!!! EPS will be $5 for the fiscal year. This is a growth stock, P/E should be around $15-20. Price target range: $75-100.
LAKE ER on 9.9!
APT fell down and now its time for LAKE :)
Buy buy buy still.....
strong buy
What is your target price? Apt or Lake?
medium term , above 60. if the profit can maintain at least 60 cent per quarter
20-25 in world epidemics, 10 in any other time ;)
it's gonna fall haaard
sell
25 maybe
It's time
Target is 20
buy we need masks
https://www.cnbc.com/2020/03/16/who-considers-airborne-precautions-for-medical-staff-after-study-shows-coronavirus-can-survive-in-air.html
Buy & Hold Smile Later
LAKE managament is touring USA, looking for investors (?). Since the company has almost nothing in debt, this looks like expanding. The virus income would boost them anyway but they want to grow big and now is the best time. This looks like a fundamental growth story, folks! My bet is on 3 digits.
https://www.lakeland.com/uploads/data-sheets/Investor-Relations/Investor-News-Events/Investor-events.pdf
LAKE is seriously undervalued at this price (14$). Analysts' estimate target price was 16$ before the virus. LAKE ramps up production and sells big for hospitals and government agencies. It will build a fundamental value around 40-50$ without the virus panic trades which could bring this to above 100$ since it's a low float small cap company. This is my opinion, I can't promise anything of course...
Are you not afraid that this small can stock will be sold only out of general fear? This is a good company but when the sheep are running away from the fire, they will stomp on flowers like this too.
*small cap stock
forget this company. they are not even capable to quantify the impact from corona virus... i have never seen such a special management....
just want to point that I was correct :) this will never go up again
ummm....
Money moves mountains they will be pressed to do what you expect!
I just received a reply from investor relations representative for Lakeland Industries, Jordan Darrow, and he says that Lakeland Industries is observing corona and its impacts very accurate. https://www.webcaster4.com/Player/Index?webcastId=33425&g=96ce12ec-a21e-4f19-8282-2c8b8e00310a&uid=5593844&sid= (statements from Lakeland Industries CEO, Charles D. Roberson, to corona virus.
Senate has the votes to pass the 8.3 billion emergency corona-virus package  https://www.cnbc.com/2020/03/05/senate-passes-8point3-billion-coronavirus-bill-sending-it-to-trumps-desk.html
 Right.
Dear Mr. Delonte Crosby do you think it will be this soon to pass the votes ? in a week period from now please ? what do you suggest Mr. Crosby ?
  The bill got signed today.
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