Has anyone else read the press release on KCLI's website regarding sales of real estate in the first quarter of 2012? I think the amount of cash raised (about $40 million) is interesting. Adding it to the cash and short-term investments on the balance sheet at 9-30-11 is pretty impressive.I am wondering what KCLI has planned for this amount of cash.
Judging by the crappy earnings, I would say the Bixby family goes into hiding. Hell they have been sellers of the stock recently. What a shame. This company really could have followed AJG and grown the business, but not these turkeys