's Bulletin Board Post New Topic  Post A Reply
my profile login | register | search | faq | forum home

  next oldest topic   next newest topic
»'s Bulletin Board » NASDAQ, AMEX, NYSE Stocks » JPEI - Disappointing - worst 10-Q I've ever read

 - UBBFriend: Email this page to someone!    
Author Topic: JPEI - Disappointing - worst 10-Q I've ever read

Rate Member
Icon 13 posted      Profile for ThirdParty     Send New Private Message       Edit/Delete Post   Reply With Quote 

This is such a shame. Current majority owner ASC - who purchased 90% of the shares in a restructuring of this corporation is just another holding company out to rape the three remaining businesses they purchased from the old JPE. With negative working capital and shrinking sales and obviously no marketing plan, this ship is sinking fast. Did they try to pick up two trim plants cheaply during the bankruptcy proceedings and now they are sorry. Core business is not replacement truck parts and they obviously have no expertise in this market. The trim plants must not have been able to obtain "replacement contracts" as the 10-Q states. The replacement parts business is trying to hang on without making any investment in an old outmoded plant. This stock has been a loser now for three years and continues to perform poorly under ASC's direction or misdirection.

Let us never forget that we should be ever watchful for those who would take away our 1st amendment rights.

Posts: 6 | Registered: Nov 2000  |  IP: Logged | Report this post to a Moderator

Quick Reply

HTML is not enabled.
UBB Code™ is enabled.

Instant Graemlins

Post New Topic  Post A Reply Close Topic   Feature Topic   Move Topic   Delete Topic next oldest topic   next newest topic
 - Printer-friendly view of this topic
Hop To:

Contact Us | Message Board Home

© 1997 - 2018 All rights reserved.

Powered by Infopop Corporation
UBB.classic™ 6.7.2