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This is written with serious investors in mind, though sometimes they're just drafts in progress. I'm a former reporter, private investigator and institutional equity analyst who digs deep to find niche undervalued and undiscovered securities. I manage money for individuals, institutions and family offices via my business Long Cast Advisers. This blog is part decision-diary, part investment observations and part general musings about Philadelphia sports. It should not be viewed as a solicitation for business or a recommendation to buy or sell securities.

Wednesday, February 11, 2015

$FHCO - my letter to the board re: comp filed with the SEC

Since FHCO halted its dividend in order to acquire add'l products, I thought it made sense for them to change their comp structure from one based on unit sales and operating margins to one driven by ROIIC.

So I wrote them a letter.

And for some reason, they filed it with the SEC.

http://www.sec.gov/divisions/corpfin/cf-noaction/14a-8/2015/avramfisher010815-14a-8.pdf

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