Simp .... what do you think of the quarterly earnings? Obviously, as usual, they gave out exceedingly scant information about the quarter and the future. It looks like it was a very good quarter. I wonder what next year looks like ....
I have come to the conclusion that they don't give out hardly any information because they really do not know what will happen in the future. They are in businesses where it is very hard to predict the future. Also, of course, the less information they give out, the safer they are in terms of getting in any trouble.
It would be nice sometime to hear a projection about next year, but I don't think it will happen in my lifetime. You would think the stock is a buy here just based upon the low P/E ratio.
What is your opinion?
p.s. I am a long-time holder like you, for almost 10 years now and possibly longer.