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Re: jugs post# 1312

Tuesday, 05/16/2017 3:00:13 PM

Tuesday, May 16, 2017 3:00:13 PM

Post# of 1925
While I hope to get some pullback in price, I did want to start building a small option position. I know in a previous post, you anticipated increased dividends and I agree with that but for safety sake, I assumed flat dividends, and calculate valuation using the Dividend Discount Model, using current and anticipated dividends. .38 x 4 (qtr) = $1.52/Annual div and no anticipated growth, with a conservative dividend yield of 7.5%, we are a $20 stock, if we can string a couple of could qtrs together.

While I think our price will continue to float up, I feel that it will be the next qtrs numbers that will really drive us. If we can get another quarter as good or better than the current one, I think we run. If we get some of the higher numbers you put out in a previous post, we fly.

Just my two cents.