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Frozen Food Express Industries, AŞ Message Board

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  • ron_rj ron_rj Feb 17, 2006 9:46 AM Flag

    Oh Oh could mean Big Trouble ahead

    It may have been a personality thing with the new CFO. Is so it may be a case of sour grapes and it looks like the business is going extremely well. I think mgmnt need to do a press release and give more detail. This may be a buying opprtunity in near future, Hang in there.

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    • It amazes me that there must be no regulation that companies have to continue to mention one time gains. Those who follow this stock will remember that in an earlier Quarter ffex had a one time gain on a life insurance policy that materially impacts 05 profit to the degree that they will have fallen short of 1.00 for the year.

      • 1 Reply to gotaclue141
      • The insurance gain was very plainly stated in an earlier quarter, and is only a partial realization of an appreciated asset.

        This is the same company it was in November, before the new CFO arrived. The price moved on people who don't understand fundamentals playing a momentum game. The sellers are likely the same people.

        The business fundamentals are OK here, and, IMHO, this "news" of a brief CFO tenure won't mean a thing in a year.