Paul Mueller Co. (MUEL)

[triadtreats]

Nice unbiased post. Sorry to see the drop, hope it recovers for all. The key word is expectations, which sucks when they mask otherwise good results. If this company didn't deregister, I think the "private company" discount of about 30%+ wouldn't be a factor here, and maybe the price drop would have been mitigated. I like what I see here, and will follow it while wishing you success. I do have people ask me about investing ideas, so while I won't invest in companies that deregister, I do pass good ones along.

While it is great they release detailed financials, one thing that is missing (unless I missed it), is the significant holders list. Last one I saw was in their last filed proxy statement. Royce funds did file 13/F recently though.

You or Mike have any ideas about the distribution of shares now? Like PFHO, I always wonder who sell while there seems to be compelling value.

Last list of 5%+ holders were:
Name and Address

(1) Paul Mueller
1600 West Phelps Street
Springfield, Missouri 65802

(2) Royce & Associates, Inc.
1414 Avenue of the Americas
New York, New York 10019

(3) First Manhattan Co.
437 Madison Avenue
New York, New York 10022

(1) 106,557
(2) 126,350
(3) 73,976