Mullen Group Ltd. T.MTL

Imagine if we had a bad q.

[undervalue]

It will be interesting to see if the dealers cut target prices with the share pull back.
Can you imagine if the co. had a poor quarter?
This will be a record year. The co share price deserved better, but, it a bear market.
The co. is producing considerable cash, and the co. talked about paying off the bank debt.
A 5.45% div rate should cushion further drops, but, I am pretty sure the charts indicate $11 is possible
target now that support was crushed today.
Mgt. was clear, they are on the sidelines re M and A activity near term.
I expect strong share repurchases and a continued div. payments.

[junglejames]

Listening to the conference calls reveals a management team that really knows their business environment and has a very firm eye on the bottom line.   I invested mid last December at $11.50 - they have had a good year since, but the equity markets are oftern cruel and far more irrational than one nominally would expect.   As primarily a value investor, today's beating