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The Company is an extreme value retailer of consumable general merchandise with an emphasis on name-brand products.
This is a clear asset play. They barely make enough money to buy more stores and keep their balance sheet clean. They are building equity about 5% a year. There is nothing in it for anyone to own this unless they are setting themselves up to be bought out by a competitor such as Dollar Tree or Big Lots. Cosidering those guys don't have a lot of extra cash sitting around, I see this stock as dead for a couple of years. When the milk and honey start pouring back in, one of those guys will buy them out for expansion.Oh yeah, and at the cost of energy rising and inflation, they won't be able to keep that 99 price tag up to meet their 0.5% net profit. They can stop expanding to raise cash buildup, but only hold out for so long before a buyer scoops them up.
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