Stefaan:
I'm certain that Bean Counter puts all sorts of garbage in inventory, stuff that will never sell. I've been discounting it as it's grown. OTOH, I'm also certain that there are many freezers in there too, and that's exactly what they should be doing at this point in time.
No concept of who is considering part of DGI. They won't accept or return my calls. Not really certain why, except that they may be out hunting termites.
Yes, they are again issuing 10% of less. Some great great aunt -- somewhere -- wants her shares, damn it! Year-over-year didn't look good, but the last four quarters were........ $10,385,000, $11,811,000, $12,597,000, $14,545,000. One can pray that Bean Counter and Davey have reversed the trend. This quarter annualized at 58 million, margins up gazillions of basis points (guffaw!).
Margin of 23.2M/year, annualizing forward.
Rick |