hammond hmm.a $2.60
Posted: Thursday Apr 16 6:40:48AM 2015
I like this one too and the price has finally fallen to a level where I don't feel like I'm buying at the top. It is a thinly traded stock, so I am not too worried about the sell-off. Maybe bad news is coming, though... I think US dollar will continue to be strong so they should be in a good position as they expand.
Posted: Saturday Mar 7 6:06:28PM 2015
They reported yr end numbers after the market closed on Friday. Made 32 cents a share up 60% from prior year. Cheap cdn dollar and lower raw material prices are very good for them. Company is conservative yet they announced a large capital expansion ( $20 million) in December. The stock price is undervalued in my opinion. Margins and sales will expand over next few years. debt/equity ratio quite low. Not a large share float but it should hit $5.00 in 12 months. Also pays a small dividend.