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OESX - This Might Be As Good As It Gets For Orion Energy Systems
Orion Energy Systems Inc.
Orion Energy Systems (OESX) is booming on the basis of a huge ($100M+) contract, but the one thing on investors' minds will be to what extent the company can replace that when that starts to wind down.
We took a position in Orion Energy Systems for the SHU portfolio some time ago at $2.70, but the shares have not really prospered all that much since, basically being range-bound.
At first sight, this is somewhat odd as the company has produced an impressive improvement in its business: