Post by
babybunny on Oct 25, 2021 9:39pm
Rock Solid Q3
Another excellent quarter. I was concerned about supply chain issues, labour shortages, and depleted inventories. But the company managed to match Q2 sales and still replenished inventory on top of that. All while posting a respectable profit.
They are still on track to have the new facility up and running by the end of 2022. Excitiing days lie ahead!
Comment by
nic_jordan on Nov 03, 2021 7:37pm
Agreed ! I wonder who in their right mind is selling now at this price. It would be high time for management to start a solid stock buyback program. A regular and enhanced dividend also wouldn't hurt.
Comment by
BB123456 on Nov 25, 2021 1:41pm
I've asked about a buyback at the AGM and management's opinion is volume on the stock is already so low and a buyback would just take away from that. They want to stay a public company.
Comment by
DempsterMill on May 09, 2022 11:42pm
Yes it is a shame that is the case. Sure the stock would become more illiquid. But value per share would increase at a very attractive rate if buybacks were initiated. But I can see their point and we likely just have to give up the idea about any large buybacks.