Value Line just came out with a new report on the company. Very ho-hum. To nobody's surprise, it's all about earnings and brand repositioning. Management has alot of work to do, assuming that each major product line remains in house, which I'm not so certain will be the case. Divesting Pop Secret or Kettle wouldn't surprise me if it would contribute to lessening the overall debt. PEG is 2.91, target price for 2015-17 is $20-$35, but one has to be patient.
Divesting Pop Secret or Kettle wouldn't surprise me..is that a fancy line for selling off the division? If that is the case DMND would not really gain from that move. only the original sac of money for the division.
"new report on the company. Very ho-hum. Ho-hum is very good for DMND. No bad news just news. The shorts will cover someday push DMND up to $18-$20 range. Fine with me since I am in at $13.55. Any gain is still a gain.