Yes a few red lights as you have mentioned, differently a value trap? but to me it depends on 1. BBQ and Air flow international sales, a postive and serious growth contributor to the bottom line 2. The ability to excute the introduction of new lines/brands at high margins as stated in the company presentation.
On the other hand investor communications could be better. The hack diffcult to coment on that one down for 3 weeks but catchup in the following month with the july shippments. A problem but was solved within the quarter, why create a drama for a very short time. Management probably adopted a wait and see atitude knowing in the year end result if it was substainal it what have to be declared.
I am up and with a reduced holdings, and can afford to hold.
cheers and good luck
SHM Price at posting:
$1.10 Sentiment: Hold Disclosure: Held
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