or
Remember me
Back
Chefboy69 wrote: -The venture is going to start moving, since the interest rate cycle has begun down - money flows will start to come back - now profitable and VERY CHEAP - no volume but when things heat up WE WILL BE COOKING WITH FIRE - company might reinstate a dividend - very little downside RISK vs. HIGH possible returns here I AM IN!!!!!!!!!!!
Be aware of a few things... They were barely profitable last quarter, it's a step in the right direction but by no means consistent yet. The Profit was $13,000, they intent to spend $200,000 purchasing more equipment (I don't know but I'm sure installation is included in that number) at some point between the end of the reported quarter and a year from then.
You likely won't see them return to a payout until they are profitable over $.005 (likely closer to .01) that's currently over $178,000 per quarter consistently ($356,000 for .01) I'm still in with a red position, but I would hesitate to get overly excited yet, I think we can get there, but likely going to be touch and go the next year+...
