RE: Mega Brands under $6 Great BUY I agree, the only reason MB has a hard time showing profit is the debt interest expense and debt settlement expense. Once the debt will be settled, add a 20M$ at the NI each year (operating income of 27.65M$). That's way over 1$ of EPS. Plus, MB has positive cash flows from operating activities once again. I believe MB is back on track.
It is not because the corporation hasn't met the analysts' predictions that the stock should be dumped like that. You have to look at the fundamentals.
MB short term, MB isn't a good stock. Long term, MB will pay off IMHO.
The problem is, I don't have any more spare money to rebuy MB :(
I'm aiming the 10 000 shares and a target price of 15$ in the long term