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Strategies & Market Trends : Dividend investing for retirement

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To: robert b furman who wrote (26198)12/30/2016 5:55:40 PM
From: Steve Felix  Read Replies (1) of 34328
 
Hard to know what to expect this quarter. Sales and product lines just ramping up. No paper machine yet.

Insiders own 9% and it is obvious they like to get paid. Two years ago their payout ratio was 126%. They
could have cut and built cash toward this expansion. I doubt I would have noticed them in that case.

Maybe they come up against their covenants, but I expect they will do all they can not to get squeezed, at a
time when they are so close to expecting improvement.

I say improvement, but with one plant they have increased their revenue double digits for the last three years.
I guess as dull a business as one can get, but they seem to know what they are doing, and from a business standpoint,
this expansion seems like a no brainer to me.

Warning: when something seems like a no brainer to me, be careful. :)

You get that coal furnace in yet? lol!
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