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Bullboard - Stock Discussion Forum
Vitreous Glass Inc
V.VCI
Alternate Symbol(s):
VCIGF
Building Materials
Building Materials
Vitreous Glass Inc. is a Canada-based company. The Company is engaged in recycling glasses. The principal business of the Company is cleaning, crushing and selling waste glass to the fiberglass manufacturing industry in the province of Alberta. The Company creates GlasSand cullet for use in fiberglass insulation manufacturing.
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Bullboard (TSXV:VCI)
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(48)
•••
Lawyerup
X
Comment by
Lawyerup
on Nov 19, 2022 4:30pm
RE:RE:Long term investor
My iScotia acct shows I bought it at $3.62 which I have had it a number of years. I sold half my position when it jumped over $6 but still have a considerable amount. Its a small mom and
...more
(0)
•••
EverydayCap
X
Comment by
EverydayCap
on Nov 15, 2022 11:31pm
RE:Long term investor
Hi Charlie, With all due respect, can you check your numbers? If you did indeed pay $3.60, you would have bought no earlier than Q4 2015. Over the 7 years that ensued, VCI has not paid >$3 in
...more
Jr Gold Co. Unveils Significant Corporate Developments
posted Sep 24, 2023 9:00am by
K9 Gold Corp
-
|
K9 has now completed to initial earn-in requirements and now holds a 75% interest in the property. K9 has completed 32 diamond drill holes on the property, encountering multiple significant gold intersections including: ...read more
(48)
•••
Lawyerup
X
Post by
Lawyerup
on Nov 01, 2022 5:00pm
Long term investor
I originally bought VCI many years ago at $3.60/share and the dividends have more than paid for my investment. I sold some when we went over $6 to take some profit but still have quite a few
...more
(0)
•••
EverydayCap
X
Comment by
EverydayCap
on Oct 12, 2022 4:16pm
RE:Wake up!
Well, we are down about 10% from my september 29th post. I am here to say that there is another 10-20% of imminent downside. The lack of liquidity and inability to meaningfully short this means there
...more
(0)
•••
EverydayCap
X
Post by
EverydayCap
on Sep 29, 2022 12:07pm
Wake up!
With rates soaring, the housing market is freezing up. Taking the marginal buyer out of the market will significantly slow new construction, even in Alberta. Look at commentary from Melcor (MRD) etc
...more
(4)
•••
greyswan
X
Comment by
greyswan
on Apr 01, 2022 10:33pm
RE:Shareholder oppression?
Yeah, I don't think "shareholder oppression" captures whats going on here. As mentioned previously, Pat Cashion collects the vast majority of his compensation through dividends, given
...more
(0)
•••
thebigmacd
X
Comment by
thebigmacd
on Mar 23, 2022 3:18pm
RE:Shareholder oppression?
Cashion's salary is under $100k/year. You do realize that he owns 30% of the company right? The vast majority of his compensation (90%) is from dividends. VCI paid out $2.7million in dividends
...more
(97)
•••
JayBanks
X
Post by
JayBanks
on Dec 16, 2021 4:11am
Interested in Possibly becoming a shareholder
I've been watching the company ticker for a little over a month and how it kinda acts, I've read all the messages on this board, and news releases that really don't give much info, but nor
...more
Thematica Insights Report and Investor Guide
Thematica: Battery Metals Report
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Jeff Nielson
22 September 2023 09:28
(0)
•••
EverydayCap
X
Post by
EverydayCap
on Dec 03, 2021 5:48pm
Shareholder oppression?
Does everyone here realize that the CEO is being paid over $700k a year? That works out to about 2.5% of the market cap, and is among the highest in Canada on a % market cap basis. It's extortion.
...more
(0)
•••
EverydayCap
X
Comment by
EverydayCap
on Nov 08, 2021 10:20pm
RE:RE:CEO selling the top
About 30k shares traded between Friday and today. That means there at least 170k left for the CEO to sell before the selling subsides. It seems as if he's insensitive to price and will
...more
(0)
•••
EverydayCap
X
Comment by
EverydayCap
on Nov 06, 2021 9:01am
RE:CEO selling the top
https://twitter.com/everydaycap/status/1456415760176222218?s=21
(0)
•••
EverydayCap
X
Post by
EverydayCap
on Nov 06, 2021 8:55am
CEO selling the top
I'm not sure why there's disappointment with the eight cent dividend. A normal year for the company is $.32, and anything higher is due to unusual circumstances. Pat is now selling 200
...more
(70)
•••
mjh9413
X
Comment by
mjh9413
on Oct 19, 2021 12:39am
RE: Dividend
Pity only 8 cents but still relatively decent yield. Since Cashion and wife own over 25% of shares is good for him and, of course, he gets share of cash flow or revenues (going on memory here
...more
(644)
•••
Betteryear2
X
Post by
Betteryear2
on Oct 18, 2021 5:49pm
Dividend
Airdrie, Alberta--(Newsfile Corp. - October 18, 2021) - Vitreous Glass Inc. (TSXV: VCI) (the "Corporation") is pleased to announce that the Corporation declared a cash dividend (the "
...more
(70)
•••
mjh9413
X
Comment by
mjh9413
on Oct 06, 2021 12:28am
RE:RE:Valuation
Don't see how Joanne wud change direction of company. For 26 years it's done same thing. Buy glass from western provinces and prepare for sale to fibreglass manufacturers in western canada. In
...more
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