They are one of the worst performing BDC's this year, maybe because of their low dividend yield. Most of them have a yield of 10% or more. MVC only 5%. So that would explain the bad performance.
Contributor released an update article on Seeking. An earnings update. He still thinks a parabolic move is possible.
The contributor has some points: it could happen again.....I am buying! Why Yahoo Finance doesn't publish SA articles anymore?
If anyone can convince me why this is a screaming buy, I would buy now. But even management is not interested to promote their company to investors.
Nada. LOL.....For current shareholders I would say: HOLD them! I will only be buying if I see growth in Q3 and I hear more about their plans.
Despite my current negativity, I think the company could be a take-over target. If management of course wants to sell their business.
To be honest I feel that a listing doesn't make sense for this company. They can better run it private.
No investor's conferences, hardly no press releases, ...............nada.
As long as it is a family business, incredible growth seems to be out of the picture. Yes, they announced some deal in China, but it was with a little OTC-listed company. Why not do some M&A activity?