Parsad Posted August 30, 2011 Posted August 30, 2011 This writer does a terrific job breaking down the various companies, entities and spinoffs that have evolved from MFC Bancorp, as well as establishing the long-term track record for Michael Smith. Cheers! http://seekingalpha.com/article/290755-15-for-15-years-michael-j-smith-s-outstanding-track-record?source=yahoo
rkbabang Posted October 20, 2011 Posted October 20, 2011 This stock doesn't get much mention on this board. I've been a shareholder for a while with a smallish position. I just doubled my investment in MIL today. I'm expecting the special dividend announcement soon. Smith said "by November" earlier in the year.
mankap Posted October 20, 2011 Posted October 20, 2011 I am a shareholder of TTT now MIL for around one year now. I do not see much downside risk from here. I am waiting to see how Michael Smith will deploy the cash he has.
turar Posted October 20, 2011 Posted October 20, 2011 This stock doesn't get much mention on this board. I've been a shareholder for a while with a smallish position. I just doubled my investment in MIL today. I'm expecting the special dividend announcement soon. Smith said "by November" earlier in the year. It could be a spinoff, not a special dividend.
rkbabang Posted October 20, 2011 Posted October 20, 2011 It could be a spinoff, not a special dividend. True he did say that in the last conference call. I am hoping for the $1.63 in cash, but either way, as that article above illustrates, investors have done well over the years with all the various spin-offs and dividends. --Eric
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