Coffee Holding Company (JVA)

[polkamatic]

Well, their losses were amplified by their hedging strategy. When coffee futures went skyward, it appears they got caught with their putzz on.(see last few posts here) Losses on options were huge ($2,082,679 for the second quarter of fiscal 2008) and mgm't looked borderline incompetent. Since it's a family thing, nobody is going to send grandpa out to pasture for being old school with the options, it has worked in their favor (stabilizing costs) up until now.
The Entenmann's is a nice brew. I'd like to see it in whole bean at the same price point. To me, premium means whole bean. They should be going after the supermarket bean buyers,imo.
I agree with mgm't that this has been oversold and remains undervalued. I think it's 50% more undervalued than when I first bought it,lol. Let that be a lesson to you.
Yep, volume is spotty and will probably continue. Hopefully the company will continue their buy back as promised. As I see this as a long term hold, I don't get too bothered by it being under the radar...way under...imo


gl2y





Do your own due dilligence. Never buy or sell securities based on non-professional advice from the polka community.