Earlier this eeek, I saw that Service Corporation International (NYSE: SCI) had its quarterly earnings call. SCI is the largest for-profit funeral operator in North America. To date in 2022, the company has made almost $500M in profits. Stock was up 10% after the call.
The funeral business is slow growth because it is predictable - at lea…
Earlier this eeek, I saw that Service Corporation International (NYSE: SCI) had its quarterly earnings call. SCI is the largest for-profit funeral operator in North America. To date in 2022, the company has made almost $500M in profits. Stock was up 10% after the call.
The funeral business is slow growth because it is predictable - at least until recently. They expected an anomaly year for CV and then anticipated they would return to pre-CV growth of 1-2%/year. But that hasn't happened. They are still up 15% in Q3 2022 vs. Q3 2019.
Yes, I saw this too. The death industry, including insurance, is very stable. Actuary tables don't change, it takes big wars that kill the young to influence the numbers.
This is why during death by covid the numbers were stable, the average age of covid deaths (yes, I know they can't be trusted, but still) were also the average age of death. So no movement of the numbers.
But, now that the death shot are killing mainly younger folks, the numbers are greatly affected. Just as a major war would accomplish. The evidence is clearly pointing to the shot.
Friend, I ALMOST opened up a TradeZero account because of SCI and it's max-graph, which is superb. It's shorter graphs can be misleading, but the long graph shows the unmistakable trust of investors. And in looking over the other articles, it was a no brainer for me to contemplate a RISE in stock price post earnings on Nov 2. How a large, competent company engaged in handling the dead, could encounter a drop in stock price (aside from a split) was beyond me. I took note that a couple weeks if not sooner, the shares were at 57 and knew that was a buy signal. But I did not open any account. Scared of the treachery by the criminal-sharks there. It's not above board.
Hey! So you and I both tried to tell people about this! That's awesome. Did you invest? I'd love to hear more from you on it. My address is beastbadger at yahoo. Be sure to put in the subject line SCI or CGG, so I'll spot it. Not one person responded to my suggestion. Maybe, together, we can form a fledgling club! I just can't see the stock tanking, even if the entire market crashes, because of the incoming wave of "clientele" that we now know is not subsiding. (Nor is there any plan for it to do so!)
Earlier this eeek, I saw that Service Corporation International (NYSE: SCI) had its quarterly earnings call. SCI is the largest for-profit funeral operator in North America. To date in 2022, the company has made almost $500M in profits. Stock was up 10% after the call.
The funeral business is slow growth because it is predictable - at least until recently. They expected an anomaly year for CV and then anticipated they would return to pre-CV growth of 1-2%/year. But that hasn't happened. They are still up 15% in Q3 2022 vs. Q3 2019.
https://investors.sci-corp.com/events
Yes, I saw this too. The death industry, including insurance, is very stable. Actuary tables don't change, it takes big wars that kill the young to influence the numbers.
This is why during death by covid the numbers were stable, the average age of covid deaths (yes, I know they can't be trusted, but still) were also the average age of death. So no movement of the numbers.
But, now that the death shot are killing mainly younger folks, the numbers are greatly affected. Just as a major war would accomplish. The evidence is clearly pointing to the shot.
CGG (I wonder what CGG is a symbol for! lol),
Friend, I ALMOST opened up a TradeZero account because of SCI and it's max-graph, which is superb. It's shorter graphs can be misleading, but the long graph shows the unmistakable trust of investors. And in looking over the other articles, it was a no brainer for me to contemplate a RISE in stock price post earnings on Nov 2. How a large, competent company engaged in handling the dead, could encounter a drop in stock price (aside from a split) was beyond me. I took note that a couple weeks if not sooner, the shares were at 57 and knew that was a buy signal. But I did not open any account. Scared of the treachery by the criminal-sharks there. It's not above board.
Hey! So you and I both tried to tell people about this! That's awesome. Did you invest? I'd love to hear more from you on it. My address is beastbadger at yahoo. Be sure to put in the subject line SCI or CGG, so I'll spot it. Not one person responded to my suggestion. Maybe, together, we can form a fledgling club! I just can't see the stock tanking, even if the entire market crashes, because of the incoming wave of "clientele" that we now know is not subsiding. (Nor is there any plan for it to do so!)
Let's chat!
Ray