LASM has released its year end report which shows an increase in profit of $84,918,000 or 14.5% over last year; and an increase in EPS of 14.3%. I thought the market would have responded more favourable to this information than it has; or is it that the investors are not aware that the report is out? The Cash Flow Statement does not indicate the likelihood of dividend as it carries a negative; I don’t know if that has anything to do with the market’s response. The company’s growth and profit potential is strong in my opinion, so I will continue to be patient. What is your opinion?
LASM has released its year end report which shows an increase in profit of $84,918,000 or 14.5% over last year; and an increase in EPS of 14.3%. I thought the market would have responded more favourable to this information than it has; or is it that the investors are not aware that the report is out? The Cash Flow Statement does not indicate the likelihood of dividend as it carries a negative; I don’t know if that has anything to do with the market’s response. The company’s growth and profit potential is strong in my opinion, so I will continue to be patient. What is your opinion?