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.
- Long Cast Advisers
- 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.