This company has a lot going for it in my humble opinion....

This company has a lot going for it in my humble opinion.
Firstly, here we have a company that trades for only $2.99, but has a cashflow valuation of $3.37, a ROE valuation of $4.70 and a P/E valuation of $4.21?
"But wait there's more!"....
- less shares on issue than 5 years ago
- Debt free, (had 85M debt now $55m cash)
- Priced today at 71% of it's book value
- Priced at 45% of sales
- Priced at 81% of its net tangible assets
- Management? Just achieved its best year for Return on shareholder's equity
- In an industry benefitting from declining interest rates and cyclical low point in construction industry.
- Small enough market cap to slip under the radar of most institutions
- Management? Just achieved its best year for operating margin
- Customer satisfaction levels improving.
- $14 million franking credits on the books
- Expanding into booming Gladstone fluids market, ditching unprofitable components.
- Honest, transparent and optimistic management.
- 7.35% prospective fully franked yield

Negatives? well...there's a couple:
1/.a struggling fasteners buisness, I'll back management to turn this around or flog if they cannot.
2/. year on year earnings are down slighly this year so far.
CONCLUSION: this will grind higher in time making for a very attractive medium to long term investment.