GREY:GLNIF - Post by User
Comment by
PRObonoon Nov 29, 2012 11:59am
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Post# 20660607
RE: RE: RE: RE: GLENTEL 1,180 stores total!
RE: RE: RE: RE: GLENTEL 1,180 stores total! Yes I agree, the Skidmores have proven over the years to be very shrewd when it comes to spending money, that is how they managed to keep the stock total to only 22 million growing steadily and organically. I have all the confidence that they can execute the financials no problem. The revenues are going to be there in spades but it's the profit that I will keep an eye on. Profit margins have suffered a bit in the last couple of quarters but I believe they'll come back as the economy keeps picking up.
In my opinion, Glentel is so solid and has such incredible potential for the future it should be $25 right now and $30 by mid 2013. People just don't seem to realize how these acquisitions will positively impact Glentel's bottom line in the near future! I suppose they'll jump in when they actually see the Quarterly results coming in.
I'm just sitting back and enjoying this ride!
PRObono