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Ingles Markets, Incorporated Message Board

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  • wall_street_mayhem wall_street_mayhem Jun 27, 2011 4:18 PM Flag

    AM I GETTING

    Thanks for the feedback. Nice to hear there is decent traffic in the store. It's hard when you don't live nearby to keep an eye on business. Thanks. Wish the dividned would have been a titch higher but I'll take it along with some more stability in stock. Have a good week.

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    • Keep in mind that the recent volatility and price drop are most likely related to the death of the founder and succession of his son. Robert Ingles did a great job operating the company and it is yet to be seen what route jr is going to take. He could slash the dividend and go for growth, he could maintain business as usual, he could sell of some of the real estate, he could make a mistake and compress margins further. There are some question marks, but I agree with everyone else--pick some up when the stock is cheap.

 
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