Good numbers but...there is something wrong with this company's mngmnt. It needs to enhance it's shareholders value. The lagging small cap market doesn't explain this stocks poor performance. The cash is there. The paltry div. could easily be considerably increased. Where is a corporate raider when you need one. I'm ready to give it up.
They have all the past reports too. I don't know about you but I always see something important that I didn't know about when I skim over the reports. It can be helpful in evaluating a stock and its potential..
Also, here is the link to an invaluable resource for FREE REAL TIME QUOTES.----
Take a look at the 13G's (I think they call 'em). Fidelity is a big holder of SUP and they've been cranking up the ownership year over year. See some of my earlier posts. I think Peter made a bunch of money on this one when it was a growth play and is just re-visiting it.
Obviously, he's been way too early. Gabelli is buying too. I needed some money, got fed up, and sold. I'm a little disgusted that the owner is getting fat and happy with a big bonus and salary relative to profits, and big option grants too. His underlings really get a pretty modest pay.
SUP is on my watch list. I'd like to earn back all the money I've lost to SUP some day. Good luck to you.
I have also been in this company, a fair bit longer than 2 years and, although you can sleep at night, you ain't makin any money. I suspect we all hang in here for a while longer we may get our reward. Seems that things may be starting to turn around in terms of interest in the company. This one sure takes the patience of Job.
SUP netted around 50MM last year, and CEO earned about 3.5MM in salary and bonus. Rents his office from himself. Awards 60% of the options to himself. Maybe that's why the company really doesn't put out for the stockholders.
Needed money to fund my IRA's. Figured it was time to unload this dog. Too bad, the company has a lot going for it.
It seems that the annual report which describes a "great" year is just describing the financial benefit to the CEO and his cronies. It would seem that from an investor's point of view the past few years, and last one too, have been only dogs. Sure am glad I have my real money in something that is doing a whole lot better. This guy ought to retire and stop the drain from the til and let the stockholders potentially reap some benefit out of their continued, but ill thought out, patience.