RE:RE:Another unusual jump in priceWith sp increase and special dividends this has been a great stock to own. Always seems to be retail interest based on volumes but this was unusual today.
So, despite their Apr 2021 explanation and warnings about performance, namely,"Extraordinarily high demand arising from a busy housing industry combined with access to a temporary source of supply for raw material to process have resulted in increased financial performance for the Corporation in recent quarters. The Corporation notes that its sales volumes are now returning to more historical levels..." the price has held up very well.
Based on last financials I believe they have enough to declare relatively significant dividend (just my opinion) and might be revealed in next few weeks, as happened last October.
This one, and PFB (also good div surprises), have been significant winners in the building cycle and, despite recent downturns in numbers and forecasts, hopefully will continue, particularly with ever-increasing interest in thermal insulation. PFB of course has broader market than VCI.