Post by
Sir_Holler on Jan 11, 2014 12:30am
Canadian Dollar $.9184
With the end of the currency hedge, and royalty payments, and some growth the profits are going to be rolling in. With the cash, unused debt capacity, and cashflow an accretive acquisition should further add to profitability.
Comment by
theinvestor22 on Jan 12, 2014 1:02pm
Nicely put, Sir_H. I also like the fact that expenses have been well controlled over the years, which means that normal increases in revenue have a big impact on the bottom line. Lots more growth to come here on the top and bottom lines, in my opinion.
Comment by
Sir_Holler on Jan 22, 2014 12:31pm
Canadian dollar now US $.9031.