Almost 15% down at $1.17..................to be honest ..........numbers were bad, but not that bad.............
Why? We had a Black Swan............The earthquake (radiation leak) in Japan and some food issues in China regarding tainted clouding agents for use in certain beverages. All these things effected consumer behaviour dramatically.
If you still can overcome these issues as a company you deserve a golden medal.
Net income and earnings per share decreased..............ok it's true, but still nice after adjustment!
Prices around $1.00 seem to be a steal, especially with a bigger distribution network than last year and marketing expenditures that are going to pay off. I will be a buyer around $1.00.
Why? We had a Black Swan............The earthquake (radiation leak) in Japan and some food issues in China regarding tainted clouding agents for use in certain beverages. All these things effected consumer behaviour dramatically.
If you still can overcome these issues as a company you deserve a golden medal.
Adjusted Net Income** | $12.8 million | -45.6% | |
Adjusted Diluted EPS** | $0.43 | -46.9% | |
I am quite confident that we will see better results this year, if things are normal! | |||
Prices around $1.00 seem to be a steal, especially with a bigger distribution network than last year and marketing expenditures that are going to pay off. I will be a buyer around $1.00.
Posts
likewise - I'm loading @ $1
ReplyDeleteTrading under cash per share......
ReplyDeletelocked in cash $1.28
I have heard a lot about this company.
ReplyDelete