Well that was underwhelming. I hold ICU too and so far that doesn't seem to be reporting the cash flows that I was expecting either. Seems to be a trend with these recent listings, PSZ is another. You think you're getting a profitable business but as soon as they list, costs balloon. In this case it looks like the receipts were low and it could be timing but right now it looks a long way from a $1.3m profit business. At least the contribution from Precise is still to come.
HRL Price at posting:
7.5¢ Sentiment: Hold Disclosure: Held
