Mullen Group Ltd. T.MTL

Market response to Conference call

[retired234]

Mullen puts out a prudent, keep your powder dry call and the market hates them all of a sudden . The fourth quarter better be OK or this company will be given a real bad spanking by the talking heads. A dip into the 10's or 12's would be a good time to bulk up


GLTA the longs out there

[junglejames]

Here is a management team that paid down debt during the good-times, and now has a plan during possible rougher times (a recession is an exogenous event) to maintain the dividend and also buy back shares while driving down costs. As today's trading so clearly shows, capital gains can disappear in a heart beat.  Those of us that look for a steady source of income should really not be

[undervalue]

I will be very surprised if it hits 12. Not sure where that target comes from. My guess they lean to the conservative and over deliver.  This is an amazing co. with some of the smartest managers in the country. Buy before 12. Any weakness is a great entry point.