Post by
fibonnaci on Apr 03, 2018 10:34am
slgd earnings yesterday....
numbers were very good, just shy of being great, but still very good
sales were up 20%, expenses down sharply, cash balance doubled from 2 to 4 million and the company earned 39c per share versus 16c last year
i think the company is poised to look for more product acquisitions and i think it can continue to make gains on the products it acquired last year like prell and denorex
with the market cap 40 million now the stock is not cheap but not expensive but still room to grow and then there is the matter of the two hedge funds who have been buying up shares in late 2017 early 2018... do they have any plans for the company?
glta