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MOD-PAC CORP. Message Board

dtejd1997 1 post  |  Last Activity: Jul 10, 2016 2:33 PM Member since: Jan 30, 2008
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  • Reply to

    Hancock Deal

    by spal4000 Jun 7, 2016 11:09 AM
    dtejd1997 dtejd1997 Jul 10, 2016 2:33 PM Flag

    what, whut????

    Buying 2 stores does not cut it? These two stores are going to expand sales 10%! These stores are doing SIGNIFICANTLY more volume than the average CCNI store.

    Heck, CCNI can do tremendously OVER TIME by buying 2-3 stores a year and expanding their sales 10% JUST FROM THIS. Add in a few percent of organic growth from existing locations and you are looking at 12% to 14% of growth per year.

    That will "cut it" in my book....

    Sentiment: Strong Buy