InvestorsHub Logo
Followers 55
Posts 7325
Boards Moderated 0
Alias Born 08/16/2011

Re: Box Money post# 51055

Thursday, 11/11/2021 10:53:36 AM

Thursday, November 11, 2021 10:53:36 AM

Post# of 52994
The stock may go up but it going to take the company a year or two to build the Forever board plant in Indiana so their only factory for now is in Central California. And so far the marketing of the product has been better than the actual sales. Ever wonder why a major building material manufacturer hadn't snapped them up already?

Also the gain on the sale of the Brentwood land is a ONE TIME gain. There are not going to repeat that every year. They also had to pay off the mortgage (debt) on that land so their free cash was probably around $1.5 million.