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Bullboard - Stock Discussion Forum FAMILY MEMORIALS INC. V.FAM

"Family Memorials Inc is operating in the death care industry. The principal business activity includes retailing monuments and memorials through its wholly-owned subsidiaries and with agency and sales agreements with funeral homes. The corporation operates in western Canada and southern Ontario."

TSXV:FAM - Post Discussion

FAMILY MEMORIALS INC. > Second Quarter Numbers- EBITDA $1,000 000
View:
Post by Panther10 on Aug 28, 2014 4:03pm

Second Quarter Numbers- EBITDA $1,000 000

As you can see the numbers are great! Almost A million EBITDA this past quarter. I predicted there would be silence if and when this happened. Do any of our prophets of doom wish to make comments on the numbers? I expect that we will see similar numbers showing for the next quarter as well.
Comment by rationalexuberance on Aug 29, 2014 4:21pm
this is the type of stock your mother warned you about: neg. shareholde equity, no cash, $8 milllion in debt @12% interest but somehow i think their strong cash flow will help get them through it all to where the debt doesn't look as ominous bought a small position this week
Comment by Panther10 on Aug 29, 2014 7:15pm
Think you made a good move buying in. This company has turned the corner with their last acquisition ( Remco ) and is well positioned for increased growth ( Dignity Memorials contract, etc. ). We can expect higher revenues and profits to come. There was another announcement at 4PM today. If you research their business plan , along with their reliable revenue source, you will recognize that now is ...more  
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