RE:RE:RE:RE:RE:RE:RE:RE:Positive Comments on BNN today (April 28)Thank you for the compliment.
That post was on Aug. 14/20 when the SP was $1.24. It is now $2.27 - an 83% gain and yes, I think there is plenty more to come with their latest acquistion. So to clarify, I was screaming buy at $1.24 and it was at that level that the "easy double from here" comment was made.
Who would have thought a paper and envelope company would have done well? I did. Because they have positive cash flow. Unlike DWS.
SXP reports results in a couple of weeks and I think it's still a great investment, but feel free to wait until Q2 results are reported to enter. You'll be late to the party, but it will still be a party. They had a 10% dividend before they decided to cut that to buy back shares.
Tell you what - I'll wait until DWS reports their results in the summer before I compare SXP with them again. I'll eat crow if I have to, but I think I'll be feasting on other, much tastier, items.