Below are press releases from company’s with preferred stock or baby bonds outstanding–or just general news of interest.
CNB Financial Corporation Announces Quarterly Dividend for Common Stock
ARMOUR Residential REIT, Inc. Fourth Quarter 2022 Webcast Scheduled for February 16, 2023
AMMO, Inc. Reports Third Quarter 2023 Financial Results
Diana Shipping Inc. Announces the Acquisition of an Ultramax Dry Bulk Vessel
Industrial Logistics Properties Trust Announces Fourth Quarter 2022 Results
Axis Reports Q2 Fiscal 2023 Financial Results
Horizon Technology Finance to Announce Fourth Quarter 2022 Financial Results
Fannie Mae Reports Net Income of $12.9 Billion for 2022 and $1.4 Billion for Fourth Quarter 2022
Anyone here follow HRZN ? or hold their Baby bonds?
That axis sure ain’t the axis that has a preferred outatanding.
Ammo common fell 13% after hours after their results were announced.
See if the preferred follows suit when it starts trading this morning.
Ammo’s results don’t make any sense. As an avid gun owner I can not even get many of the types of ammo needed. They should be able to sell all the ammo that they can make as there is still a shortage on the shelves. They have been making excuses every quarter. Sold the common long time back due to the continuous poor results.
William, Lead is cheap and too many small businesses under cutting the market. Most bullets are pulled from wire drawn through dies then pressed to shape. I just had an inquiry from a shop in Oregon who said he had a chance to sell to a big re-seller. His idea of volume was 2000# every 2 months.
As for buckshot we sell 40,000# truckloads from our plant.
Charles ,
Is that 2000 rounds or 2000 boxes of ammo every other month ? If it is rounds that isn’t very much, wife and I shoot close to that very 2 months at the ranges, mostly 9mm, .40S&W and assorted 12 ga rounds. Haven’t had any any problem buying all I can afford anymore here in California, no shortages of the calibers I use, not sure about rifle rounds. Think most folks have just stocked up already causing sales to be slower now.
No Bill, that’s 2000lbs of lead. I think the guy’s kettle is 100# capacity as a guess. He wanted pure lead. I guess he was going to alloy it himself or he wasn’t making himself clear he wanted it already alloyed.
He was buying lead from Rotometals and complaining the cost to freight it from Ohio was too much.