I've owned FHCO since 2012 and as far as I can tell the story has never really changed. I initially purchased when it was a little over $5 primarily for the dividend payment. I then added not that long ago when it was below $2. I now own 2,135 shares with a breakeven price of $2.34
When it was around $10/share in 2013 they made the announcement they were cutting dividends to utilize cash flow to expand production facility. You never really heard a lot about that expansion. But production has increased.
Once dividend was cut the share price plummeted fairly quick losing 1/2 its value, then it slowly sunk down to below $2.
I know many investors like stabilized earnings with a nice steady increase. However that is not what you get with this company. You are going to get increasing earnings, but the timing will be volatile with their sales model.
I listened to the last earnings call and they did emphasize how the female condom will be an extremely effective tool to stop pregnancies while the zika outbreak is going on, so hopefully we will see a nice increase in earnings.
Has anyone heard anything about the dividend being reinstated? I think that would help share price I think.
Good luck everyone, lets hope this picks up steam and pushes towards that $10 share price again.
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM