RE:RE:RE:PSDFinancierfoldinggreen wrote: Where is Mr. Griffin? He was not on the call. There were no hints of being bought out or adding new services. Though the stock is a bargain, do they need to be a little better to attract new investment money. GLTA
he is a member of the Board and not Management - typically the c-suite of executives are just on quarterly calls.
this is a small cap stock so keep in mind many funds can't invest in it due to its market cap, liquidity, low share price, etc, even despite the deep value here solid cash generating ability. management needs to scale the business before we would see a material influx of new institutional investment. 40-50% of the company is already owned by institutional shareholders.
ideally i would like to see management arrange to purchase a HUGE portfolio of business in one shot and fund it with a financing or equity raise or combo thereof. because of CRH's margins their acquisitions are accretive to earnings meaning they have the ability to finance the transactions and bolt-on free cash flow. the stock is ripe for such an undertaking and it wouldn't shock me if we see that in future years as they grow and scale.