"Now lets see if Clabber baking products complement their spice division and/or expand their customer base and revenues grow ....... and maybe will see PE expansion"
Exactly .... a fair sprinkling of "ifs" and "maybes" ....
Once we see the AUDITED NUMBERS the "ifs" and "maybes" will start to dissipate.
So either one "places a Bet Up Front", OR one bases one's purchase on some relevant, financial facts.
Is one "Trading" or is one "Investing" ?
And with regard to NWL, "They are having a much more difficult time ... " ..... I would certainly agree with that ....
Operating Income 0.9% of Net Sales (Revenue),
Debt Cost wipes out that Op. Income,
Nil Tax paid, and receives a Tax credit instead,
Loses money ......
But you say "I have been buying" .....
But instead of spending one's money, up front, in a losing situation, maybe putting it into, at least an ETF, where one could at least show some Capital Gain .....
And if, sometime in the future after 18-24 months, NWL starts to show some positive outcome then one could start buying its stock .....
Good investing
bruwin |
