Post by
RetiredSteelMan on Nov 11, 2021 11:24am
Q3 results
I expect Q3 results to be as good if not better than Q2 ($0.12). First half of year had earnings at $0.28 per share. If Q3 & Q4 at $0.12, yearly earnings at $0.52.
Not too shabby for a $2.40 stock. Share buyback just increases share book value.
Stationary business is probably at a standstill but the future lies in growing the packaging business where markups are large.
I'd expect to start seeing a dividend payout next year.
Good luck to longs.
Comment by
HermannHaller on Nov 11, 2021 2:26pm
I think we might see EPS a bit lower, as the CEWS program falls off. Maybe $0.10 for Q3. Even if the run rate is EPS of $0.40, that's only a 6x PE, and growing, and able to restart a dividend.