institutional ownership is 13%! Gordon already said the WMT business is too small to move the needle, but if it evolved into a national contract, now you got a something
FSYS files a Schedule 14A. The special meeting has been moved to May, 31,2016. The FSYS Board recommends passing the merger agreement with WPRT. They say that the price they are receiving is fair per the analysis of JP Morgan. I don't think I trust JP Morgan as far as I can throw them.
this one keeps making higher highs and higher lows, which is a positive technical trend. In addition, down days are met with contracted volume, while up days generate expanded volume. The trend is still up, so buying the dips along the way, is a positive strategic move.
they need to make it more profitable before they sell it or spin it off. The more profitable it is, the higher the eventual sales price.
how could it be next week? We (FSYS) haven't even had a chance to vote yet. In fact, we are still waiting for the adjourned special meeting, to be rescheduled.
they won't announce a single thing until the next earnings report. Management likes to keep its shareholders in the dark-it keeps them gussing
In two weeks, JVU is expected to begin shipping its Café Caribe brand to Wal-Mart. This action could really move the needle, especially if it is a national contract, instead of a regional one. So far, JVA management has been extremely quiet about the details, only revealing, that they would begin shipping late April to early May.
the negotiations for the new culinary contract with the large hospital operator are still alive and well
Look for these guys to produce another stinker when they report results today. This has been their track record for many years, so why would change now. Disappointment is on deck, even though expectations are already in a deep ditch.