off the topic of AGO can some one shed some light on BSET
Can some one help me with BSET bassed furniture. The company will get around 70 million this month from the sale of non core assets. Even if they put this money in the bank they can show good amount of earnings adding to their regular operations. They had a kitchen sink quarter to get away the taxes from the gains of non core asset sales. I wonder street don't care or stret don't know really intresting
I did not analyze the stock. The fact below is out of personal experience.
I bought some shelves from them (stackable) a year ago and they said that this would arreive in 10 days. After 15 days, no shelf, no call. I called back to the store (in southern california) and the customer service was REALLY bad. Finally, I cancelled my order to get the money back.
At least in this store, I saw managers and store people not motivated.
So, they are basically burning thru the cash.
Warning: This was my personal experience and may not be the case with all the stores. This experience was 1 year ago and things may have changed for better! But, I will never step in to one of their store! I would rather go to Thomasville (you may want to analyze FBN). BSET has no relationship or parallel with AGO!
Sorry for posting on stocks other than AGO. Just was responding!