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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, which is engaged in recycling glass. The Company cleans, crushes and sells waste glass to the fiberglass manufacturing industry in the province of Alberta. The Company creates GlasSand cullet for use in fiberglass insulation manufacturing. It operates a waste glass processing plant at Airdrie, Alberta. The plant gathers post-consumer waste glass... see more

Bullboard (TSXV:VCI)

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Post by Possibleidiot01on May 16, 2024 1:00pm

Keystone Financial podcast

https://keystocks.com/media_center/stock-talk-podcast-episode-252/ May 14, 2024 In this Week's Show: Should you pivot your portfolio into Pivotree (PVT:TSXV)? Enterprise Group (E ...more  
176
Comment by BarstoolSageon Mar 14, 2024 6:51pm

RE:RE:RE:Long term investor

Starting to follow this Charlie. Guess dividends are variable with earnings and there is a large inside ownership position in this small float calling for them as those earnkings become kown Niche ...more  
165
Discussion
Comment by Lawyerupon 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  
446
Discussion
Comment by EverydayCapon 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  
337
Discussion
Post by Lawyerupon 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  
927
Discussion
Comment by EverydayCapon 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  
272
Discussion
Post by EverydayCapon 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  
377
Discussion
Comment by greyswanon 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  
449
Discussion
Comment by thebigmacdon 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  
291
Discussion
Post by JayBankson 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  
693
Post by EverydayCapon 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  
474
Discussion
Comment by EverydayCapon 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  
310
Discussion
Comment by EverydayCapon Nov 06, 2021 9:01am

RE:CEO selling the top

https://twitter.com/everydaycap/status/1456415760176222218?s=21
251
Discussion
Post by EverydayCapon 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  
355
Discussion
Comment by mjh9413on 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  
258
Discussion
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