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Can someone tell me why this stock is so low? It just hit a year low again today and for the life of me I cannot figure out why.
These guys are in the business of making tons of cash. They install water heaters that probably cost them $200 then charge $20 per month for them. The labour to install probably $300. Life of a water heater is about 10 years. 8 years of pure profit
i know they just had a dividend cut but their dividend is still 14% with the cut.
There is something i am probably missing here with this picture that someone smarter can figure out.
These guys are in the business of making tons of cash. They install water heaters that probably cost them $200 then charge $20 per month for them. The labour to install probably $300. Life of a water heater is about 10 years. 8 years of pure profit
i know they just had a dividend cut but their dividend is still 14% with the cut.
There is something i am probably missing here with this picture that someone smarter can figure out.