Post by
schocor on Mar 09, 2021 12:09pm
Investor Roadshow is worth the 1 hr
As others have said, the investor roadshow is worth the time to watch. I was impressed enough with he CEO, however, I was VERY impressed with and have a lot of faith in the CFO here. My takeaways? 90% of net income will be paid out. Net income will fall slightly - maybe - once we start amortizing the new PR commissions deal in October. The PR deal also provides Corby with accounting and back office services (duh). There is no plan for share buy backs buybacks - company isn't even considering it. CI Investments was a seller last year bringing their position to less that 10% - this selling is PROBABLY the market weakness I was observing last year before I bought on a thinly traded stock (hope I am right). Low/no alcohol is DEFINETLY a trend, NOT a fad. There were some other goodies, but these facts were the most important to me. I would be happy to hold this stock and never sell.