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Glentel Inc GLNIF



GREY:GLNIF - Post by User

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Post by Smithwickson May 12, 2014 12:29pm
272 Views
Post# 22551104

turnaround comes Q4. Not sure what stock price will do..

turnaround comes Q4. Not sure what stock price will do..There are still 8 to 10 mutual fund companies still hanging on to there shares with cibc having the largest holding.  Management likes to schmooz with the Jimmy Pattison types and to have there stock plummet must be embarrassing.  The charts on Stockhouse dont go back far enough but this stockprice went from $17  to .70 cents then back to $14 within a short period.  Lots has  happened since then and now this company has too many parts that arent making money.ie Austrailia.  My  hope is that Target starts catching on here in Canada and the Apple 6 will ramp up sales as there coming out with a larger screen in September.  They just inceased there dividend and i believe they will raise it again next January.  I also believe this is very close to the bottom and got some more today.  Skidmores have 3 to 5 years of managing this as age will start catching up with them and i dont believe they will allow their company to continue to fall off the planet.  That being said i always dollarcost average and would love to see it go lower but only long enough to put my order in.lol.
If your looking for other Dividend stocks try Medical Facilties symbol Dr.. 6% with monthly payout and well run.  Sorry if plugging another stock offends some. 
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