31set Friday, 07/13/18 01:35:39 PM Re: None Post # of 442 AMNF turns in a smashing 2Q 2018! Sales up 12%, income before taxes up 24%, and net income up 51%. All these increases are versus 2Q 2017, which until now was the company's best quarter ever for both sales and income. The huge increase in net income was significantly driven by the reduction in the federal corporate tax rate which went into effect at the start of 2018. Looking ahead, AMNF reports adequate cash on hand and a strong sales pipeline. In 1Q 2018 the company started using some of the additional cash flow resulting from the corporate tax rate reduction to invest in strategic initiatives related to product development, digital marketing, and tax planning. These investments will continue at least through the remainder of 2018. 3Q 2018 sales might be somewhat weaker due to customers ordering extra product in 2Q in advance of a price increase that took effect July 1st. AMNF mentioned rising cost pressures in their 1Q 2018 report, which I speculated at the time might mean AMNF would increase prices sometime this year. Wish AMNF would do something about increasing the geographic availability of their product line (distribution). As far as I know, AMNF's products aren't available in the area where I live. Management seems to know what they are doing, though. Practically every quarter since I invested in AMNF some years ago now, the company has reported either record sales, income, or both. The dividend has more than doubled, too, with a nice boost almost every year. All the hot money seems to have left the stock over the past few years. The price hasn't moved up all that much despite consistently good reports, and volume has sort of dried up. Maybe AMNF stock is now poised for better market performance? Getting hard to believe that won't be the case, if they can keep delivering quarters like this last one. I'm certainly happy with AMNF today, and intend to continue to stick around hopeful for more of the same in the future.