tdeck
6 년 전
As far as I see it, solid company, needs some vision for some growth, but, exactly how to go about it, I haven't thought of yet. I like it a lot @29 or so, and have set an alert for future dips. Nice solid money making play with a decent dividend, just stuck in the mud, but, may have a lot to do with ownership having done what they planned and saying ah, I am ok with it. Many stocks/co's like that, its a safe divie and company. Many especially overly conservative types like having 30-40% of their portfolio in just nice solid things they can count on.
Reminds me of SKAS and BUKS one has old man Trink and his family involved happy with the status quo at the moment, and BUKS the old man loves his casinos even though they are in the long run a dead end and far more trouble that they are worth in regards to getting them and keeping the players with a new casino opening up every 6 months, not really 6 months but you understand. I think they need to focus more on aircraft parts and going after more of those contracts and expanding but the old many wields to much power still.
Any insight you may have? Am I on the right track here or have my thoughts missed the mark?
Peace out.
Soapy Bubbles
13 년 전
Chicago Rivet & Machine Co. Announces Second Quarter Results of Operations.
Today : Tuesday 9 August 2011
Click Here for more Chicago Rivet & Machine Co. Common Stock Charts.
Chicago Rivet & Machine Co. (NYSE Amex, symbol: CVR) today announced results for the second quarter of 2011 as summarized below:
CHICAGO RIVET & MACHINE CO.
Summary of Consolidated Results of Operations
For the Three and Six Months Ended June 30
Second Quarter
First Six Months
2011
2010
2011
2010
Net sales
$ 8,134,104
$ 7,938,533
$15,948,472
$14,699,926
Income before income taxes
872,521
612,060
1,049,543
660,929
Net income
587,521
420,060
704,543
453,929
Net income per share
.61
.43
.73
.47
Average shares outstanding
966,132
966,132
966,132
966,132
(All figures subject to year-end audit)
SOURCE Chicago Rivet & Machine Co.
Soapy Bubbles
14 년 전
Chicago Rivet & Machine Co. (NYSE Amex, symbol: CVR) today announced audited results for the year 2010 as summarized below:
CHICAGO RIVET & MACHINE CO.
Summary of Consolidated Results of Operations
For the Years Ended December 31
2010
2009
Net sales
$28,520,510
$21,391,003
Income (loss) before income taxes
894,025
(1,959,751)
Net income (loss)
606,025
(1,282,751)
Net income (loss) per share
.63
(1.33)
Average shares outstanding
966,132
966,132
SOURCE Chicago Rivet & Machine Co.
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