"Jim Henderson is now the CEO of ModusLink, assuming this position in March 2016. Under his leadership, ModusLink embarked on a series of process enhancements and lean initiatives, some of which leverage Steel Partners’ operational excellence platform. These efforts have enabled ModusLink to better service its clients, improve its offering and lower its cost basis to improve financial performance.
From a corporate perspective, ModusLink remains interested in acquiring businesses at a favorable multiple, businesses which can further strengthen its comprehensive supply chain and logistics offering, global footprint, eBusiness capabilities, or a new platform company with significant operations in the United States, good gross margins and returns on invested capital. Please let us know if any come to mind."
The earnings were actually quite good, stock will start to move up quickly, earnings around the corner and revenues have stabilized. Nice job by management, keep it up.
China Education Resources CHN V
Terrible stock, one of my worst investing mistakes. Modus link used to be a profitable company before CMGI management bought the company years ago. Should go back to the old model.
I believe HNH will buyout 1 sh for 8 mlnk,it makes sense!!
Hey Management, how about getting off ur butts and make some money for the company. Stop milking the shareholders !
The trading setup for MLNK looks very alluring with insider ownership hitting 15.20%. The last time things got this interesting there were explosions. if you guys have questions you should ask awesomeS-TOCKS. They often respond to my emails which is helpful.
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is there a move planned for MLNK by SPLP:Steel Partners Holdings L.P. (SPLP), a diversified global holding company, today announced that it will host an investor day in New York City on Tuesday, March 28, 2017. Additional details will be released shortly. Attendance is by invitation, and interested parties should contact Laurie Berman, PondelWilkinson Inc., at 310-279-5980, or firstname.lastname@example.org.
“We look forward, at our first-ever investor day, to showcase the exemplary company we have built over the last several years,” said Warren Lichtenstein, Executive Chairman of Steel Partners. “Our corporate and operating management teams will make presentations to review our business simplification and growth initiatives.”
is it getting closer to forced bond conversion? the price needs to move alot higher b4 it happens
Short Interest only 1,474,189, Days to cover 27, it's a Buy rating
If you r frustrated w Yahoo msg board on MLNK please go to seeking alph article "ModusLink: Is There Any Hope?" by Value On The Street. There is an excellent lively up to date discussion in the comment section of this article
$MLNK....... Looking for day/swing momentum trades? Loin Stock AlertsQ......... has you covered. They call it like it is without all the fluff.
The 10K came out after the market close & the only word I can think of to describe it is "dismal." They promise that next year will be better due to steps they have taken, but WHY haven't they taken these steps before?? There is also a preliminary proxy out and I notice one of the proposals is for a reverse split.
I think, based on past reporting times, that MLNK's annual report will come out in about 10 days. It came out on Oct 14 last year.
At one point i held 2600 shares of CMGI at 323 a share, i believe it was 1999