RE:RE:RE:bek.b1.808 million shares out....bunch held by insiders whose average age is subject to a succession plan I am sure and I expect it is something directors feel needs not to be disclosed as of current material interest to shareholders
We can assume they are rational and have mechanisms to pass their shares to their heirs
trading .72 price to book (18.82) and about 10 X revenues ps
ROA, E and I all respectable
At this price you are getting almost 6% to sit and wait for a twice a year payout
what's not to like?
Oneinamillion wrote: Hi Charlie and other long term investors...any comments on where you see Becker going from here? Just more asset sales to keep up the cash flow and dividends? Or a sale to some reit or retail chain? My own guess is that they will need to sell fairly soon as they can't just keep selling off bits and pieces for ever....and the directors are no spring chickens....which is putting it mildly as you know.
There should be interest in the store/gas station locations as they could be used for electric/hydrogen stations with shopping attached...a new model that retailers like ACT seem to be envisaging. Incoming funds seem to enough to me to handle the next 2 rounds of dividends....maybe even a special dividend?
All imho.