TimingCJ's recent reporting always seems to line up while overall market sentiment is negative, ie the fed hiking rates, ie the special operation in the Ukraine,ie the price of crude on the down slope,ie the general market on a negative note. In my opinion it mutes to an extent the positve results that they keep achieving, At some point when the stars align with the stellar results of the companies operational achievments we should definitly get an appropriate rerate. I am not sure this is the time for that to happen with all the overall ongoing negativity still grabbing the headlines ie inflation, interest rate hikes, summer doldrums. I would expect pretty much the same this time but at the same time the table should be set for the next couple of quarter reports that will finally allow a breakout if this company.
If however they were to announce a special dividend then the market may take notice.As a result rather than a divi hike I would like to have a special dividend awarded it would give long time holders a much deserved return of capital and also allow the company the flexability to continue to do what they do and keep growing the sustainability of the business model for long term. This is a rare do as they say management team under promise and over deliver this seperates the wheat from the chaff.
GLTA and as always JMHO