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Ingles Markets, Incorporated Message Board

  • cashinthebucket cashinthebucket Nov 28, 2011 5:34 PM Flag

    When is earnings announcement

    Company events says today??

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    • My bad lol I re-read what I typed. I'm not saying that larger shareholders should get ANY special treatment or news. I guess the direction I was going was that maybe they would attract MORE serious investors who want to put a lot of capital in a company like this if they would do more analyst meetings and issue pr's quicker when they are going to be a month late on 10q's. Leaving ALL shareholders on "edge" wondering why no earnings release last quarter unnerved myself for one and I'm sure people with heavy investments in this company were concerned as well. I guess since the company is majority owned by the Ingles family they could care less about us though and that's just how I feel. I've been investing for about 10 years and this is the worst response out of the 100's of companies I've owned. Kroger did well today raising next years guidance. maybe that will bode well for us. Wish we coulda held 15 but that's too much to ask for. Have a great evening.

    • Look I'm not trying to argue with anyone. The original poster asked when the 4th quarter earnings report was coming out. I simply stated that I didn't know and that they should be do out soon. I also did state that the prior 3rd quarter results came in way late. Here is the SEC filing I thought you said you looked.
      http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001193125%2D11%2D210180%2Etxt&FilePath=%5C2011%5C08%5C04%5C&CoName=INGLES+MARKETS+INC&FormType=NT+10%2DQ&RcvdDate=8%2F4%2F2011&pdf=

      Furthermore, as I have stated before I hold a very very large position in this company and it does take up over 30% of my portfolio. I called them twice and emailed investor relations on three different occasions. I got something back two days before the press release next time I'll save the email. All they said was they realized they should be do out, and that they added me to the email list for pr's. That doesn't do a whole lot of good I have every trade app and news wire available through my broker, but long story short, two days later they filed the NT 10Q.
      Last thing before supper, I'M NOT BASHING this company. I just think they do a poor job of communicating with their larger sharedholders and I was on the verge of unloading 1/2 my postion because I thought something was majorly wrong with CFO. Have a wonderful evening and I wish you and the stockholders all the best!

    • No crap they issue press releases. My point went completely over your head. I thought you were a shareholder during the last fiasco where they were over 3 weeks late and issued no notice as to why they were late. They also had to file an extension with the sec because of an accounting delay. My point was last quarters 10q filing. If you need to look back on this message board for what happened! Anways let's hope this stock gets legs or we're going to see 10's before you know it. GL!

    • Who knows. This company does a very lousy job of communicating with it's shareholders. They were at least3 weeks late the last time because of an issue with their auditing and had to file an extension. This was fine, as it was something very minor, However I emailed them as to why they were late reporting and got nothing back until two days before the actual announcement. So I guess my point is it could be anytime between now and the end of the year. Wish they were more shareholder friendly. Good luck.

 
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