Coffee Holding Company (JVA)

[Bobwins]

I'm in! Bought a few thousand at 7.46 today. Coffee prices are up, Brazil crop is in doubt and these guys have survived a multi year downtrend in their only product.

Balance sheet is in excellent shape, with low debt and lots of equity.

They didn't do well in qtr ending 10/31/13 on hedging so they reduced their positions substantially.... too bad, they would have made a killing on long coffee positions.

Not much detailed info on how their different divisions do or prices they got for green coffee beans vs private branding vs their own brands. The big question is .....can they pass on huge price increases with no pushback from customers???

Because IF they can hold gross margins about the same and coffee prices continue in the $2 range, they should make a lot of money.

Lots of questions, not many answers. Have to wait 3 months to find out what the black box says.