aside from one small sale around 70/share for some reason. He owns more shares today than when the stock was at the same price on the way down 2.5 years ago.
Money in the $$$$ing bank!
Management has stated that the next 17 months should be nothing but gravy....with earnings increasing. One can also look ahead and realize that UGG PURE will not be fully integrated to the 40% level until 2016 which is about 24-30 months....so one can infer that for the next 24-30 months, earnings and thereby cash only going to grow for this company.
Not priced in remotely. Company should be at 140 minimum, and as high as 190-215 to be fully priced/overpeiced for the next 30 months.
BARGAIN. Watch and learn how the pros value companies.
Stock has a huge gap between where it is now and ITS REAL VALUE....approximately 175. Be patient. Go for walks, smoke cigars....watch the us open in a couple days. Just relax kids. Next 30 months is all good BABY!
UGG PURE will not be fully integrated until 2016, when it should make up about 40% of the product mix. so for the next 24-30 months, earnings not doing anything but going up. An investor has almsot nothing to lose at this valuation. GREEN LIGHT.
Seriously....first rate analyst? Management comes out and calls for 18 months of earnings increases and you have nothing to say? For real?
All the blustering on calls in the past.....all the interrogating questins. Now everything is pretty darn good...and where are you cowboy?
40% Uggpure integration by 2016....doesn;t change your price target at all? Really.
at this point. Company over the next 18 months only going to report good earnings. UGG PURE 40% by 2016, only 10% last year....again, winds at our backs. Big money AKA SMART MONEY either doesn't know or becoming slowly aware, but to sell at this price would be ludicrous. Company has never been stronger and by 2016, with UGG PURE fully in play, should have record profits once again.
And I believe it's a $2 billion company. When I got in this firm it was trading at less than 10 times earnings and only 4 times its net working capital.
But that's what makes a market.
Buy at 50 and sell it at 65 is my motto. Therefor today I have it at a sellllllll.
My shares should be called away at 90 unless there's a dramatic selloff at the end of the day. I also sold put options against DECK that require me to buy back my position if the stock drops 10% in the next few months.
DECK currently priced at 92.66/share.
look at under armours chart....a result of increase in revenue and profits. For Deckers, in 30 months, the chart will be similar....but the result will be from increase in CASH.
Sam Poser, one of the best in the BIZ, had a price target of 110 before the new that earnings would continue to rise for the next 18 months per last earnings...so if it was worth 110 according to him(and I think he is being much to conservative but I sill wuv him), imagine what the stock is worth now with higher earnings projected. 110 is a foregone conclusion.
Sweet spot. The next 6-8 quarters should be easy money per managements call of higher earnings, a management that has been very conservative. Stock is a bargain.
3 years ago, this company was valued at 4.2B with 260M in cash on had, no debt and a record high earnings of 199M for 2011. In the next 30 months, this company will likely have somewhere in the range of 600M in cash on hand, and record earnings once again as a result of increase in revenues and 40% UGG Pure integration. Keep in mind there are also 12% less shares than 3 years ago thanks to 221M being used to buyback stock.
So there you have it. You really think this company is worth just 3.24B in 30 months from now? Not a chance in $$$$.