The analyst highlighted their recent purchase of 2 NY radio stations as being a driver of increased cash flow along with their new loan covenant that makes it clear that Emms will use extra cash to pay down debt, thus interest cost should be lower and earnings should be higher. i'm looking forward to next weeks earnings.
mcaplan, Can you be more specific? What analyst, and is there a link to his report or article?
go to google and search for guru focus updates emmis communications. let me know what you think.
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.
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.
Nothing on my brokerage accounts. Other 1q's were announced on July. Probably soon.
"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?
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.
I thought that was all normal but i see your point. It would be more authentic if it were live. Maybe the stock would go higher if that would happen as it would be more shareholder friendly.
Funds for these microcaps disappeared on Feb/March RUT correction and never came back. RUT recovered fully but microcaps crashed and stayed down. I am not sure where the money flows were coming from or why they left or if it was all a QE gimmick. It's like liquidity for the microcaps is not there anymore. I read somewhere that the prospects of higher interest rates will negatively impact very small firms.
there was a rotation out of small cap stocks and into more safer stocks like dividend paying stocks and large cap stocks. i thought that was a sign that a stock market correction could be coming as we've been in this current bull market for a couple years now without a 10% correction occurring. However, i think recently, the small caps have bounced back up, which i think is a sign of strength for the stock market. I've been listening to an investment guy on the radio every SAT at noon who has some good analysis on the stock market. The radio show is called empowered investing. You may find it interesting.
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.
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.