I was hoping we could have got more of a rise in share price because of distribution announcement, maybe a little better next week, share or unit price may already be to high considering .36 quarterly distribution.
B.J., I ran through the Co. holding on their home page & Camelbac is not there, after You mentioned it I did remember it being sold, I bet they made a nice profit to let it go. Seems all the insider buying is raising some well needed attention to CODI. Some analyst have raised the price target to $18.00 with buy & strong buy ratings also, maybe we will finally get the increase on the distribution, time will tell. Best to You, Roger, & all.
I always thought the timing was poor for the Camelbac purchase, although both Ergo and Camel were good companies in my opinion.
What I was meaning is with the furniture business being sold & behind us, I thought CODI would be doing better. I still believe Camelbac & Ergobaby will bring better days .
Looks like CODI would have been worse off if not for FOXF . I thought we would have been better off being sold out of the furniture business, oh well, I`m still staying, as mentioned earlier, spring time should bring in more profits.
My personal opinion is if they utilize the $47.7 mil in proceeds from the sale in a good manner it is positive. I am getting a little tired of these quarterly 'adjustments' but im in for the long haul. Also, glad they executed the sale at a time of strength for Fox. They still own 33% Just My opinion ;)
Well CODI is not moving up as much as i would have thought, didn`t meet expectations as I thought they would, FOX did beat, could have been worse, one of two out of 31 holdings in the green today by one penny, hopefully better days are ahead, summer time will bring the people back out, good for Fox & Ergo-baby, surely figured Gun Safes would have been a big item for this past quarter, guess not.
I just picked up some shares a few days ago and have them in my Roth IRA. From what I understand I wouldn't have to pay tax on the distributions as long as my UBIT isn't above $1000 on the K-1.
Do any long term shareholders know the average UBIT percentage of the annual distribution? For example if the annual payout is $1.44 per share how much of the $1.44 counts as UBIT? Or do you know how much UBIT is for every 100 shares? Any type of calculation or estimate would be helpful to determine how many shares someone would have to hold in order to hit the max UBIT of $1000.