HI usc75 actually your question is good question one of my...

HI usc75
actually your question is good question
one of my friend also ask me, he feel little scared, because you find when BWX do final report, it actually drop about 20% during 2 days (now it recover back) , BAL do final report, it open high, but close flat.
from my view
I tell him, you have to compare
currently, BAL , BWX, A2M, BIT, BKL, they are same group stock, they have to increase profit 20 to 30% each year
why, because they have not enough Shareholder's Equity and PE is very high, the investor buy them and push their price higher, because they think they will increase profit 20 to 30% each year and later maybe be take over by bigger company
However, MG is much different, he is similar to AAC, SHV, even bank share, check what is MG Shareholder's Equity
it is 1,168 million, how about current MG market value only 600 million, big jock !!
check MG PE, it is 17, much better than most company in food industry
if not surprise, the MG share should back to market value soon $1.64 (4.1cent half dividend)
If market get encouraged information from 24/08, the MG price will up more
The market will adjust the big jock soon