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Thought OBCI had a solid quarter despite the

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hweb2 Member Level  Wednesday, 08/14/19 11:50:19 AM
Re: SSKILLZ1 post# 62637
Post # of 64175 
Thought OBCI had a solid quarter despite the unusually wet weather. Q2 earnings of .11/share vs. .12/share last year. And I thought this comment from the earnings PR bodes well for higher margins in their seasonally strongest Q3:

"We also have enhanced manufacturing efficiencies at our Montgomery, Alabama facility, with an additional new high-speed filling lines which allowed us reduce man power accordingly in the early part of the third quarter of 2019."

I snagged a few shares today and will be accumulating ahead of the Q3 report.

Full earnings PR:

https://finance.yahoo.com/news/ocean-bio-chem-inc-reports-134500245.html

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