come on fw, what's your end game? why you flappin about 3... You know there is'nt any downside to be had here. Really, is'nt there any other of the 80,000 stocks that you could make a negative case for? Now did that satisfy ya.
The $10 million dollar buyer from last quarter will strike again and bring shares up to the respectable sixes. Any sniff of positive news or foreward progress or even another 10,000 shares bought by Hoby would ignite this thing. I posted about six months ago, "what's the downside?" I still believe it is nothing more than a waiting game. This company is valued as if it were going out of business in a month or two. I Just don't see it. Gaming is off to a great holliday start as well as BBY. Just sayin'...
JS, It seems to be turning the corner as you said. When the CEO keeps stating "the back half of 2014" for the turn around (over and over), you have to believe that the market will build in some of the share price increase (based on the turn around assumption) starting early next year. The advantage of holding here is of course the added advantage of a surprise such as a buy out (which I firmly think will take place, its just a matter of when?).
I think they're going in right direction. Sales in Q4 should be interesting, and I think hoby has some good plans ahead also. I'm holding for a least 4-6 quarters. They should have some good stuff ahead. I can see this in double digits by then. Good Luck.
I think that depends on how their turnaround goes. They screwed the pooch the past year but seem to at least have a plan. I'm deep underwater at the moment but depending on how Q4 goes I'll continue to hold or sell.
nice analysis of SGA, but nobody can use that trend to like or dislike Hoby.
we just have to trust that he's doing the right things to re-ignite the brand
Thanks... for me it's one of the harder stocks to track in my portfolio. Too deep to cut it loose and cannot decide whether to buy more and average down. I'm averaged at about $8.75 now. Happy Thanksgiving!
The short version is that I think the stock will double over the next year based on the strength of Crusher sales and international growth. The company did $0.92 in EPS in 2012 and should do at least half that in 2015 vs. $0.13 Wall Street research analyst consensus.
From the call last quarter, Hoby indicated that a large portion of expenses were due to the final closing of the 2nd branch location. The goal was to slash the SG@A and it should now be evident moving foreward.
I should have mentioned this sooner but SKUL is a Utah company. I've lived in Utah since 1978 and the one thing they have in common is everyone wants to be a boss or executive. In fact titles are more important than pay but you have a lot of executives doing nothing. What we see with SKUL is SG&A expenses have climbed from 22% of Revenues 5 years ago to 33% now. In fact last quarter it hit a whopping 44%. There are way to many chiefs and I have seen many companies bleed themselves to death over this issue. A bailout or merger from a bigger partner outside of the playground atmosphere of Park City is our real hope.
They will come out with 2 new products shortly. One is your Bluetooth headset (over ear) then they will come out with noise canceling earphones. They may get into these two areas in ear buds as well as over ear. All this has been out. For awhile. We need Hoby to blow us away with a industry leading new idea. Sadly it ain't going to happen anytime soon... :(.
Hit it on the head. Reactive.. Would it really hurt to at least have One oferring in wireless for goodness sakes. I'm a skull fan for multiple reasons, but I had to go elsewhere for my purchase. I seriously would like to buy several more sets for Christmas gifts, but I want to wait for skull to get on the stick and get in the game. I know it won't be by Christmas though. Maybe nice 4th of July gifts instead.
Walgreens has Bluetooth headphones starting at 15 bucks and they have Bluetooth speaker set ups starting at 20. Generic brands. Not sure of the sound quality or durability (they look cheap).
Skullcandy is going into the active lifestyle demographic (like Nike). The Bluetooth headsets will come out sometime next year IMO. Kinda ticks me off as they are so reactive and not proactive. I'm just gritting my teeth to see how holiday sales goes (in general)
Thanks for the input Stafford. What I am invisioning is this. People who work out often do it with music. In gyms, joggers, do it yourselfers,etc. When they do their activity, it is generally less than an hour or two. Battery life is in no way an issue for a normal exerciser. if you ask them them the question, is it more irritating to be limited to a six hour workout until you have to recharge the battery or have to be attached to a 3 foot umbillical cord to your device, I'm betting it is wireless by a landslide.
Sound quality is an issue. at least at this time. But only to the highly critical, upper end music appricianato(is that a real word). I am also betting that the average joe schmoe would not be dissapointed with the sound quality considering the huge benefit of the cord free operating ability.
I am joe schmoe and I think there are millions of people who think that this is very cool and that the "unplugged" capability while doing their activity is maybe the most revolutionary breakthrough since the cell phone.
Out of a curiosity and credibility note, can you please let us know where a person can buy wireless earbuds right now for $8. I paid $65 for my outdoor tech "Tags" and after 24 hours, I can tell you that it was money well spent. ( And I'm a cheap #$%$!)
not really dude.
There really is no substitute for wired audio quality, sure Bluetooth is OK but its not great. 15% of the market is Bluetooth headsets and earbuds. People hate running out of battery which happens all the time with wireless headsets. So will they one day become more popular , yes. Will Skullcandy release Hesh 2 in Bluetooth , yes. will anyone really care, no. Will there be cheaper chinese versions , yes. I can buy them for $8
So where do we go from here? I'm curious to know how much of population even knows that this technology is available to us right now. I would guess 2-4% I honestly didn't even think it was a possibility two weeks ago and now I have them in my ears. Correct me if I'm way off base, but I would say that this is as "cutting edge" as a product inovation gets. I cannot imagine that five years from now, people will still be buying plug-in head phones and buds. This is A MAJOR PARADIGM SHIFT. All the joggers and people working out in the gyms and people like me who like to work with earbuds in and have agonized for years and years with that stupid.. flippin.. cord can now be free!!!!!!! So, do I even need to say that there is going to be a monsterous BOOM in the enire headphone business in the very near future. Earbuds are not like a car, you don't have to wait till your old one wears out before you buy some new ones. The only question is this: which companies are going to be ready with product when the boom hits. ....and which ones won't? HMMMMM...