Try capitalizing the annual FCF after the spinoff.
Then you will have the start of an idea.
I think Riggio will make an offer for Barnes and Noble Retail. He'll offer single digits for it.....LMFAO!
i don't care if 75% of the shares are sold short. he dumped his shares because he became upset after trying to buy the retail portion and take it private. Probably because he knew it's value was well above the price tag the market gave it. hell, i wouldn't be surprised if he still made a play and tried to buy it again now that nook/college is being spun off.
I do not own AMZN, TSLA, or NFLX. I think they are all overvalued. I think most of the entire market is overvalued including BKS and JCP. If BKS is so cheap, why did Leonard Riggio dump a lot of shares? Why is over 20% of the float short? I'm sure wrb335 is much smarter than all of these shorts.
large losses????? what are you talking about. the brick and mortar stores are cash cows. you would see this if you actually read financials instead of just listening to what everyone else has to say regarding the retail industry. and i actually did buy jcp when it was at 6 bucks, buddy. i'll let you keep building that position of yours in amazon. go ahead and buy some netflix and tesla too. because the forward earnings plus growth on those companies definitely justify paying 1000 times earnings. good luck!
If you want to buy a brick and mortar retailer with declining revenues and with large losses, I'm not going to stop you. You ever consider the possibility that AMZN is pretty much killing BKS (and many other brick and mortar retailers). While you're at it, why don't you buy JCP. And better yet, go out and buy RSH. I'm sure they look incredibly cheap to you also.
well- the retail portion of the business did $350M ebitda this past fiscal year. the nook/college division is being spun off into a separately traded company. a few years ago, microsoft paid $300m for 30 percent of that business. they are outsourcing tablet production to samsung to save a ton of cash. they are partnering with google for same day book delivery. the market cap is 1.3 billion??? my question is why isn't this at 30 yet? haha mpharbold, can you please explain to me your valuation of the company without screaming "fire" or "short" or "crash"? because i can justify like a 1.8 billion market cap on the low side when it's all said and done.
Sentiment: Strong Buy
It's being manipulated higher for the time being. Analysts are getting all the mileage they possibly can with the company soon splitting into 2 separate companies. There is a large short position on BKS and the pundits are playing it, squeezing the shorts. Fundamentally, BKS looks disastrous to me. Last quarter they were expected to lose .59 and they reported losing .72. The stock has moved up about 15% since then. I expect it's only a matter of time and BKS comes crashing down. There is a large short position for good reasons.
The fact that they have the highest prices tolerable means that management is doing a pretty good job.
Even though they are competitive with no one. I like to spend time there and I do buy but you must be slective as they have the highest prices tolerable to any marketing laws.
without tracing them; without fancy salesmanship games; with nice people at the counter...
bet on that...if you wish to stay in business...
get rid of the dead heads...and keep on keeping on...
Maybe you should look at the financial statements instead of checking out a single checkout line at random once every few months.
not so sure about up big TODAY after yesterdays bloodbath. However, i love the longterm prospects... at 1.2-1.3B this company is very cheap in my opinion. After spin off of nook and college the two stand along companies will be worth signicantly more. Might take a little while for stock price to show this though, i wouldn't be surprised if we trend lower in the near term.