RuggedCom Inc T.RCM

Company's position

[rastaman1]

I wonder when the company will advise us as to their position on the offer.

[Mongoose11]

I almost sold this the day before the recent offer in order to cultivate a tax loss. Phew! For once I chose patience and benefited.

[rastaman1]

Good call, Mongoose! Sometimes patience can be confused with procrastination. It's easy to act too quickly for fear that one is procrastinating. What do you think will happen here? Will there be another, higher offer? I can't see Marizo letting this go at this price (he owns 9%), without at least trying to get  a better offer from someone else. Or, maybe he can raise enough money

[Mongoose11]

On the plus side they have increasing sales, orders and EPS is forecast to start increasing as well. Their balance sheet is solid (low debt plus lots of cash) and their share price has been at around $20 or higher for 18 of the last 36 months. On the negative side the opex and margins seem to be worsening. The management clearly thinks the recent offer (was it $25?) was too low and instituted a