RE:SPB has a ton of cash now
no they dont have a ton of cash as they have a ton of debt Their credit facility is real high so they will use the money to pay down that debt. They will rack up the debt going forward again will acquisitions. They chemical division was a cash cow. People always need chlorine for water treatment to drink. This provided them with stable income through all four quarters. Without this income, this stock now is an absolute seasonal play. Provided they make a lot of acquisitions their profits will mostly be in jan to march with a bit in oct to dec. Summers will be large losses. So sell out in April may. Buy back in Sept.