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Strategies & Market Trends : Value Investing

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To: MCsweet who wrote (44385)9/28/2011 4:19:23 PM
From: Jurgis Bekepuris  Read Replies (1) of 78595
 
UVIC: Q4 results announced providing some answers to our questions:

sec.gov

It seems that Clownbuck was wrong to suggest that "this company should cease production and convert into a royalty trust instead". Their direct sales gave the oomph this quarter while royalties continued to decline somewhat. It is not clear if the trends are going to continue though. I would like to see both numbers rising, but I'll settle for a mix that is not negative.

Disclosure: I hold a large position in UVIC. This is illiquid nanocap. I may front run, back run and do other despicable things. Don't invest. ;)
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