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30,704 Views | 152 Replies | Last: 11 days ago by Jeff99
BT1395
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AG
Continued strong profits and steady yield are the consistent story, but I'll be looking forward to the next report showing institutional holdings. Just a personal theory that now that it's >$5, sometimes that can trigger investment from some funds that wouldn't touch something <$5. No science behind my theory - just a hunch.
BT1395
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AG
Kicked the dividend up by 10% and threw in a special dividend of $0.10 per share. Mentioned possible acquisition plans but still had enough cash to make this commitment.

Stock over $6 this morning at the open.
I bleed maroon
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AG
Currently $6.19!

For a tired and underappreciated market segment overall, this company's steady approach has really our-executed most other small caps. Upside is probably limited compared to a tech startup, but in terms of a well-run profitable enterprise, I can't ask for much more out of an investment.
bigtruckguy3500
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Wish this was drip eligible. Or that I had set my limit purchases on this stock higher over the past few years. Would've been a bargain getting in at 3.5 instead of 3.25. oh well. Still happy I got in less than 1
BT1395
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AG
BT1395 said:

Record earnings again - fantastic little company! Sounds like some of this Q's earnings were pulled forward from next Q, but growth trajectory is very much still in tact.

Stock closed today at $5.36. Love this thing!


Strong profits reported this morning even with the transient earnings dip reflected above. Thankful to pocket the recent special dividend. Sounds like smooth sailing ahead for the foreseeable future,
BT1395
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AG
Another record quarter of top and bottom line growth. Stock popped above $6.50. Haven't dug into financials yet but first glance seems to show stronger Balance Sheet so maybe they kick out a special dividend for Christmas or something. CEO comments seem to expect a bit of an economic slowdown in the near future, but these comments are always overly conservative. Continue to love this management team and the stock!
BT1395
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AG
$7.00
I bleed maroon
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AG
$7.13 this morning. I still wish I could write covered calls on this position (or at least part of it).

Anyone know how much action is needed for a market maker to offer options on a stock like this? I assume it's volume dictated. It's no penny stock...
BT1395
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AG
$7.40
I bleed maroon
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AG
11.5 year holding period. 561% capital gain. Continuous dividends of 2-4% per year.

I'm holding on for now - one of my favorite small-caps ever.
Jeff99
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Always fun to see this thread pop up. I bought my first tranche of shares way back in April of 2010 when the price was $0.47/share. My share price average is $0.68/share.

It's been a fun ride, although I know I'll probably have to figure out how to mitigate the tax hit at some point. Regardless, I love scooping up the dividends along the way.

I'm glad it's worked out so well for others. Looks like it is $7.45 this very moment so thrilled to see.
Nagler
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AG
Love this one.

At what point, if ever, do they get on a major stock exchange?
Jeff99
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I don't think they ever move to an exchange. Based on what I can pick up about the founding family, they like collecting dividends from the Armanino and probably aren't interested in the cost involved in moving to an exchange.

What's more likely is that this one is going to get bought out by a larger food service company. I'm somewhat surprised it hasn't happened, already.
 
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