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ModusLink Global Solutions, Inc. Message Board

belco_mc 2 posts  |  Last Activity: Aug 18, 2014 10:23 PM Member since: Aug 15, 2012
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  • Reply to

    Still Cheap

    by allinalj Aug 16, 2014 11:19 AM
    belco_mc belco_mc Aug 18, 2014 10:23 PM Flag

    This management team has made all the right moves the last few years. Their last two acquisitions have proven to be very good. Now they are using excess cash to buy more shares. I think this stock goes much higher.

  • Reply to


    by baaadapple Aug 14, 2014 11:57 AM
    belco_mc belco_mc Aug 15, 2014 8:41 AM Flag

    They have earned .24 in the last two quarters. I'm not sure of the seasonality in their business but just annualizing, we're at .48 cents in earnings. If you believe the housing market and renovation market will continue to recover, then Carpets earnings will increase from here. A company earning 50 cents a share with good management and growth should be selling for north of $5 per share. I think it goes there. This management team has a great track record.

3.90+0.01(+0.26%)Aug 20 4:00 PMEDT

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