I would not be surprised to see red ink for the latest quarter. The saving grace is that the outlook for the fourth quarter will be much better. So the stock will go up or down or sideways. How is that for an insight?
No red ink, but David always touts Relm's track record of positive earnings. It is a mediocre message.
It would be nice if they could find a way to buy back shares and retire them. $0.01 per share per quarter yields ROE of 1.7%. A share buyback will not change the yield but it will counteract the options that continue to dilute an give investors claim to more equity.