AMMO, INC. REPORTS FINANCIAL RESULTS

[8shot]

Reloading components (ie primers) prices are way up...nice to see someone is profiting. Wonder how the other reloading components companies are doing.

Ammo Inc/Gunbroker 2020/2021 Report

AMMO, Inc. Reports Financial Results for its Fiscal Fourth Quarter and Full Fiscal Year – Ammo Inc.

 

[DWalt]

POWW seems to be going through a lot of turmoil, and their stock price is down by half from its recent highs. And their financials are very murky. It is difficult to make out exactly what the ammunition side of the business is doing. Not a company I would risk investing a dime in at present.

 

[venomballistics]

POWW seems to be going through a lot of turmoil, and their stock price is down by half from its recent highs. And their financials are very murky. It is difficult to make out exactly what the ammunition side of the business is doing. Not a company I would risk investing a dime in at present.

Investment is best from a vulture mindset anyhow.
Assuming resources exist with which they can rebound, it's a matter of letting them hit bottom before you invest so as to ride the rebound up.
Seems to me that the important question to have answered is what is standing in their way of taking the market with a surge in production.
Related to this is alliant under Vista outdoor.... Why is it they seem to only have one powder in production at a time like this

 

[Greyman50]

Perhaps the Only issue most of us have is simple, where’s all the reloading components? US gov. has and continues to buy large amounts of ammo for assorted agencies, then there is military ammo. IMHO there is a “ game” being played out…..

 

[Telecaster]

Ammo Inc. is only six years old, so they're in a growth period. Naturally their profits are going up.

And with all the junk fees GB is charging these days, that's got to help their parent company Ammo Inc. profit.

 

[pharmer]

My wife has 300 shares of the preferred, currently paying almost 9% dividend. Joe

 

[DWalt]

My wife has 300 shares of the preferred, currently paying almost 9% dividend. Joe

But for how long? Dividends on preferred stock are not guaranteed, just that preferred stockholders have preference over common stockholders in regard to any dividends declared. At least POWWP is cumulative, but that is still no guarantee of anything.

 

[pharmer]

Dividends on preferred stock are not guaranteed, just that preferred stockholders have preference over common stockholders in regard to any dividends declared.

Negative waves Moriarty. My wife is new to "retail investing." She wanted to make money right away. PowwieP was best I could come up with. She's already got 1% of the entire investment back twice since purchase. Considering the Dow is headed for 10K safe haven is elusive. Joe

 

[Greyman50]

Negative waves Moriarty. My wife is new to "retail investing." She wanted to make money right away. PowwieP was best I could come up with. She's already got 1% of the entire investment back twice since purchase. Considering the Dow is headed for 10K safe haven is elusive. Joe

Did she get a “ Deal, deal” on the stock?LOL
My Favorite movie….