One conclusion from that article -which the author may not be familiar with- is that if those numbers pan out as described commoners will see no dividend for quite some time since CEO said nothing before getting to 2.5 or so debt/equity ratio. Although I applaud emms effort I do not think nextradio accounts for much. Or ever will.
i remember in conference call in prior qtr the company may buy back stock or pay a dividend. I'm thinking maybe the company will announce a share buyback. i'm not sure about the insider buying, but i don't think we should see anymore insider selling at these levels. I'm thinking there will be more demand for the stock when we get closer to next quarters earnings.
"After opening comments, Smulyan and Walsh will respond to questions submitted via email to..."
After many quarters of quasi improvements why does he need to pull this kind of #$%$!
What are you afraid of Mr. Smulyan?
Hi, Rosen62 --
What are you afraid of Mr. Smulyan?
Preferred shareholders and their minions?
Dam it! Either a lot of overhead supply or this was left behind as total #$%$. Looks like there was some purging with the micros in the recent russell crash and now there are the good and the bad. Why don't insiders start a little buying?
This idiot ceo continues to mastirbate his ego in each and every call with his massively cutting edge performance while never delivering to his shareholders. Everybody is down except his marvelous emms that navigates gracefully through extremely challenging and tough times. Yet, the stock has cratered and stays down. No matter how much amount of ego masterbating he injects into his speech. Man up Smuylan and face your shareholders LIVE and stop trying to miracously transform the Universe with your johnny-come-late schemes! What an idiot.
The only thing he can show is a "research" showing how transformational this nextradio will one day be during this "landmark" quarter that has beaten all possible benchmarks.
Where are the higher revenues (flat ex-purchases) and the accelerating profits?
YOU ARE A FAKE.
This is a very interesting purchase. It reminds me to the adwords engine from Google. Not sure how this will be monetized but EMMS continues to try to get a technological edge amidst a traditional industry.
you could be right. I'm a little surprised he hasn't commented on the stock in a while now. I don't remember how many shares he owned or how much % of the company he owned, but i know it was a lot. maybe he sold all shares which is why he's not commenting.
There is simply NO buying. Shareholders take advantage of rallies to unload from the microcaps. That is why we see the indexes marching higher while the microcaps go nowhere or go lower. It's horrible.
go to google and search for guru focus updates emmis communications. let me know what you think.
yahoo finance had the date of 6/26-6/27. i was wondering why there was no announcement. maybe that was just an estimate that yahoo finance had. Last year, they reported earnings on 6/27. Maybe that's why yahoo estimated the earnings release on that day this year.
Investing is like this. With passage of time you come to a new understanding and the thing to do is to rethink your strategy.
I too believe nextradio maybe a too little too late type of thing and that the seemingly advantage of being free is not so much. I do listen to radio plenty while I work on my computer but there are many choices with no commercials whatsoever. I listen to earbits a lot just as background music. I wonder how they make their money... providing the music I like and zero ads.
BUT strange things happen in any industry and one day this one may too see the light. Not too long ago airlines were broke and Warren Buffett would badmouth them daily as a poor businesses. Yet with the barrel of oil above $100 they are making coin. They will charge passengers for the toilette paper by-the-inch every time taking a poop is in order. All at 10,000 feet. Can radio come up with ways to squeeze money out of customers the way the airline industry did?
Right now I am not liking this investment too much but would wait for a better opportunity to close my position. And sorry for being a downer but as a long I am frustrated. I still think that radio-wise emms has good properties. What is missing? What is really the problem?
1. Shareholders get no respect with this type of attitude.
2. He gets to screen questions in advance as opposed to live screwing.
3. He can answer questions anyway that pleases him without having another investor rebuffing.
By now you should get the idea of how easy is a conference call without annoying LIVE analysts and/or investors.
And yes, I have emailed some questions including when will this modus operandi will change.
And yes, the other poster, he is afraid of enemies he made.