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Anyone own or looking at MLR?

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Anyone own or looking at MLR?
NilesMike Online
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#1
10-06-2019, 10:03 PM
The fundamentals are very good, solid, simple industry and growing dividend for 9 straight years.

Any input?
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fenders53 Offline
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#2
10-07-2019, 06:44 AM (This post was last modified: 10-07-2019, 06:48 AM by fenders53.)
I couldn't find a lot of data but it appears current years revenue up significantly, after a lot of years of flat.  Any idea why?  Could be a new and significant contract?  They do look like a stable small cap company.  FWIW I've actually used a few of their products in my previous life (automotive towing) and the quality was good. Their margins are thin and everything they make involves a lot of steel. I'd want to know how tariffs might impact them before I invested.
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NilesMike Online
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#3
10-07-2019, 07:00 AM
New CEO in 2013 and since then they have grown at a nice clip. They have also just built the first 100 Ton recovery truck.


Fiscal year is January-December. All values USD Thousands. 2018 2017 2016 2015 2014
Sales/Revenue 711,706.0 615,101.0 601,119.0 540,966.0 492,776.0
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fenders53 Offline
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#4
10-08-2019, 12:13 AM
(10-07-2019, 07:00 AM)NilesMike Wrote: New CEO in 2013 and since then they have grown at a nice clip. They have also just built the first 100 Ton recovery truck.


Fiscal year is January-December. All values USD Thousands. 2018 2017 2016 2015           2014
Sales/Revenue                                       711,706.0  615,101.0       601,119.0    540,966.0       492,776.0

The financials are well covered in my Vanguard account research.  Very little commentary because they are not followed by any analysts that I could find.
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NilesMike Online
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#5
10-08-2019, 03:03 PM
Good products, good fundamentals.
Bought one tranche today @ 31.00
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fenders53 Offline
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#6
12-05-2019, 08:34 PM
(10-08-2019, 03:03 PM)NilesMike Wrote: Good products, good fundamentals.
Bought one tranche today @ 31.00

That one's been working out for you, and it happened almost immediately after you shared the idea.
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NilesMike Online
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#7
12-05-2019, 10:55 PM
(12-05-2019, 08:34 PM)fenders53 Wrote:
(10-08-2019, 03:03 PM)NilesMike Wrote: Good products, good fundamentals.
Bought one tranche today @ 31.00

That one's been working out for you, and it happened almost immediately after you shared the idea.

Got lucky, actually got out right after earnings at 37.00. Too much easy money and after re-evaluating it, the yield being so low really doesn't fit what I'm doing.
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fenders53 Offline
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#8
12-05-2019, 11:44 PM
(12-05-2019, 10:55 PM)NilesMike Wrote:
(12-05-2019, 08:34 PM)fenders53 Wrote:
(10-08-2019, 03:03 PM)NilesMike Wrote: Good products, good fundamentals.
Bought one tranche today @ 31.00

That one's been working out for you, and it happened almost immediately after you shared the idea.

Got lucky, actually got out right after earnings at 37.00. Too much easy money and after re-evaluating it, the yield being so low really doesn't fit what I'm doing.

Nice trade anyway, and I understand.  I'm not trying to get stuck with many low or no yield stocks at this end of the cycle.
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