If you are an investor and interested in long term gains; NOW is the time to start a position in JOY with a $17 stop loss and add additional shares should the stock recover past 22 and then set up for long term investment (over 24 months). The stop loss will protect you against another round of panic selling - which could still cause harm to this stock. The bottom is here or very very near. If it falls below $17 you are protected and can then take another position at the lower price once bottoming finally settles out.
nice try and trying to get people to sell. will buy & accumulate from here pal. if it drops another 50%, will buy more. Not in any rush for a comeback. ten year hold from here should be just fine and if big profits comes sooner all the better. best of success--pal.
If it's time for a crash, what are you doing? This thing has already crashed. Your stats are still wrong. That's the mentality of most of these boards. No wonder you're losing money. Get some cash on the sidelines before you have to work until you're 98.
big deal I missed typed the payout date. the point was a dividend is going to be pair. but since you appear to need the exact specifics here they are again: The dividend will be payable on September 18, 2015, to stockholders of record on September 4, 2015, with an ex-dividend date of September 2, 2015. hope this helps.
if we all knew when, we would be rich. if you plan to buy at anytime, make sure you are willing to hold long term. it may get a bounce after today. if i had to guess on single digits, I would say right before the next quarterly report
that doesn't necessarily mean we've hit the bottom yet. Too much fear, too much uncertainty. It will rebound eventually, because mines cannot use old equipment forever.
I'm glad I sold ten days ago, I suspected something was up with COO's departure.
correction. the stock is down over 60% YTD and yes, I am thrilled about the dividend. reduced position in the $30's and now buying back in at this level. best of success !
Honesty, I don't know if anyone has a good crystal ball on this.
Maybe the best thing would be for a foreign based acquirer to swoop in and buy this company up for say $20 to $25 a share? Then eliminate corporate overhead in Wisconsin and Pennsylvania, shutter some plants around the globe, downsize operations in Asia and Europe, etc.
Potential suitors could include Komatsu, CNH, Kubota, Sanvik, Hitachi, others? GE might be a possible suitor too? Don't see CAT or Deere taking this dog on; they have their own issues to deal with during the downturn in coal and agriculture. Maybe Berkshire could swoop in and take this puppy private? Warren does know how to make diamonds out of lumps of coal!
Current management has spun a good tale on the prior calls but the current facts (and numbers) speak for themselves. The tone of today's call will be interesting.
Current C suite management appears not to have the experience needed to manage a downturn (most of them learned their "management" skills during the good times pre-2013 and were trained in the underground segment (coal)) or came from other businesses not in the mining sector.
Departure of COO suggests that there is already some turmoil in the Ivory Towers; more to follow after today's earnings release?
Wonder if and when BOD will push for more changes at the top?
Agree with other comments made on this board during August. Balance sheet appears to be fairly overvalued on asset side (receivables, inventory, goodwill).
I wonder when debt covenants will be triggered that would raise cost of debt or other fees. Anyone have any insight on the debt covenants?
Wonder when the institutional investors will take a more active part in managing this company? Dividends may not continue as they have in the past???
Is it candidate for breaking up? Can the sum of underground and above ground businesses be greater when separated from One Joy Global?