TSXV:MRS.H - Post by User
Comment by
ferret_caon May 05, 2021 11:47am
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Post# 33132266
RE:It's like they don't care about the stock price.....
RE:It's like they don't care about the stock price.....I think at least part of the huge revenue increase is helped by covid with so much more need for protective equipment, so what we don't know and the company doesn't seem interested in telling us much, is just how much of the increase will ease up after things begin returning to normal, which looks like will be sooner than later. the market doesn't like unknowns so mrs s/p is reflecting this for now.
also mrs is so small it has very little coverage, as it grows that will change but for now it's still a microcap . insiders don't seem to be selling any shares and have bought a fair number over the past few months so that bodes well. mrs has had a good run over the past few months and the market is pretty finnicky right now so a lot of people are locking in some gains .
I like mrs but sure wouldn't make it a large holding ( with any luck it will grow into one, lol) but it's a great addition to basket of small caps in a portfolio. too many people get bent out of shape on daily fluctuations and think mgmt needs to address any these, I'd much rather see them spend their time growing the company and let the market look after itself, good execution over the next few q's will produce great results in the s/p. they do need to increase their margins to better than 6%, which dropped from 9% for this q.
cheers and gl ferret