InvestorsHub Logo
Followers 312
Posts 21707
Boards Moderated 18
Alias Born 12/28/2002

Re: MSGI post# 11672

Monday, 05/16/2005 1:53:56 PM

Monday, May 16, 2005 1:53:56 PM

Post# of 174010
MSGI, re ERS

I agree that the company will probably boost its dividend. Even at the old rate, the dividend yield is still over 3%. Not bad considering the 48% revenue growth and 96% net income growth last quarter. Hopefully we'll see a second leg up when the PR comes out. Those eye-popping Q1 results should attract some attention. Maybe they'll also provide an update on this bullish paragraph from the last earnings PR:

"The Company also announced that it has purchased a new warehouse and manufacturing facility in Baltimore, Maryland. This building is being upgraded and is expected to be available for occupancy in the third quarter of 2005. The Company also announced that it has purchased an aluminum extrusion press which it intends to install in its new facility. The Company expects to begin manufacturing extrusions during the latter half of 2005."


Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.