I'm curious what kind of stuff associated with pallets could be described as "exciting". :)
Even though the quarter's results weren't good, and it sounds like Q3 won't be good either, I feel better about GLGI than I did before the report.
It's nice to see that they're confident enough in future growth to invest in more machinery. All the Covid related cost / labor difficulties should just be a temporary blip.
10-Q is out. Revenue growth was nice. IGPS arbitration was settled with no payment, but no other details released. They’re still having cost issues, so earnings are nothing to write home about.
They also bought back 281,500 shares @ $1/share. I’m not complaining, but that seems odd. I didn’t expect these guys to be buying back stock.
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