OB:SAGADiversified Financial
Saga Pure (OB:SAGA) Stock Rebuilds Profitability As Durability Questions Linger
Saga Pure stock closed at NOK1.535 today after an earnings release that quietly told a bigger story than the short term price moves suggest. Over the past month the share price has slipped about 4.7%, yet Q2 numbers showed basic earnings per share of NOK0.037 and net income of NOK24.9 million, keeping the company in profit on a trailing 12 month basis.
The real headline is that Saga Pure remains profitable after a period of multi year earnings pressure and shareholder dilution. For long term...