Hanover Foods Aug 30 2020 Financials by Nate Tobik on Scribd
Previously regarding Hanover Foods:
- Hanover Foods part 1, the story
- Hanover Foods part 2 the figures
- Hanover, still cheap; do changes signal a possible acquisition?
- Why "dead money" stocks can still be valuable
- Looking at the Hanover Foods Corporation Annual Results for 2019
- Next generation of Warehimes at Hanover Foods?
- Hanover Foods Reports Quarterly Results
- Hanover Foods FY 2020 Annual Report
Number did not look too bad, but like anything how that reflects from the stock price, is beyond me. We've had a rather insignificant 425 shares for so long, I feel like I've owned them forever, and could see us holding them for 100 years without getting more than the small dividend. It is the game we play. Wait on these buy low, wait some more sell higher, hopefully. Flipped not for the flippers that is for sure.
ReplyDeleteI have owned the stock for 5 years and got nothing. Finally sold in 2018. This is the problem with those low ROE stocks that don’t reward shareholders. it is possible that shareholder are rewarded if owners devise to sell or unlock value, but you could also wait another 20 years and nothing happens.
ReplyDelete