Zardiw,
What are you considering large revenue?
Revenues do not equal profits. I wonder how much profit the blending plant had. The generated say 233M in revenue, but how much was profit at the end of the day - operational expense, raw material expense, maintenance, ect.
They have one processor. I think when JBII has established many processing sites, either directly through JBII or through JV, then the CEO can take a big salary. IMO the CEO should get a salary based on job performance. Many might argue that his performance is not satisfactory, yet he is only being payed $1.00.
Thus, JBII is a good long term play and I plan on adding more shares in the future.
Enjoy your evening.
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