The 2nd quarter 2014 report showed $2.294 million in cash, and receivables covered ALL current and long term liabilities with some left over. The 2nd quarter 2015 report showed $4.710 million in cash (14.6 cents per share), and receivables covered ALL current and long term liabilities, again with some left over. I wish all my investments were that solid! That is why I expect an increase to 2.1 cents per share, either this quarter or next, plus an extra.
a block of 30,000 went for $2.13 at 3:40pm EDT; also another block o 4,601 at the same time and price. what really happened is the mm made out like a bandit!
I would be very happy with $2.50 - $3.00 per share over the next coupe of years, because that would mean a dividend of about $.50- $.65 per quarter. I can live with that.
$3.50 is possible - especially if there stock in the acquiring company is the mechanism. In the mean time, of more interest (to me, anyway) is the next dividend announcement. I would like to see 2.1 cents per share. It will be interesting to see the balance sheet when they post it. Lots of cash, for sure.
I think MHG will do #$%$ st fine in the long term. Part of the pricing problem is the strong $ vs the NOK. When the $ weakens against the NOK you will see something around $17, imo
been to the grocery store lately? Prices are way up from the prior year! I'd personally love a deflationary period. I am retired and every drop in prices would be $ saved.