My last trade alert with UltimateStockAlerts was pretty bad. They owned up to it and admitted that it wasn’t their best alert. I guess you can’t win every battle. Will try my luck on the next alert.
I don't think 14 is a particularly good offer but I think its noteworthy. They already own 14% and if they are willing to pay $13-$14 they will probably put a floor under the price limiting any downside. On the other hand there is a short term upside of 25% on a buyout with upside of possibly 100% or more if they can grow revenue just a bit and maintain the same cost structure. And of course you get a nice dividend in the mean time.
$14 would be cheap. If they ran this company to make money, there is no reason they couldn't make 5% on sales or $1.50 per share. I understand that the new owners need to make money, but $15 to $16 seems like a more reasonable valuation for long holding shareholders. JMHO
Not definitive but per the form 13 filed yesterday. We have a large holder with a 14% interest wanting to buy the rest at 13-14. Think the price is too low but this is certainly good news.
"On July 20, 2015, Mr. Jacobs, a Management Committee Director of the Management Company, had a conversation with the Chairman of the Board of the Issuer in which Mr. Jacobs indicated that the Fund may have an interest in acquiring all of the outstanding shares of the Issuer not owned by the Fund at a price in the range of $13.00 to $14.00 per share"
i own no GIFI. like i said, lets wait for earnings and see how the stock reacts. But maybe that didn't register with you. You deleted all your messages on the eei board - why, becuase you sold it." maybe you are a two way charlie "And when you say the "opoosite side" what do you mean, you would have to be short to be on the opposite side. So basically you own a couple of underwater banks hoping for a buyout - goodluck with that - and you wouldn't want me labasting those banks all the time as they sit there day after day. Just tell me what you are short i like to know, i really don't care what you own, but you seem to really care what i own. the fact is, you like picking on a few of my many positions, maybe you should work on finding your own value stocks becuase you sure like looking at some of the ones i follow. Did you get a chance to buy anat under hundred that sure is better than any bank holding you have or is that a little too rich for you. You see I took a quick profit on that one figuring i'll be able to buy it back again you see how that works. You invest like a nervous Cat at the slighest sound of noise, never knowing when to sell or buy and then in your negativity, you go around saying why the stock is a dog and you did that here earlier becuase you sold it, and on cue, sour grapes set in. Maybe you should just say your in cash becuase the market looks risky at these leverls and the small caps look like there going lower, But instead I get all this noise how your so smart picking numbers of where a stock is going, is just plain stupid especially when you say whats going to happen when its just a bunch of #$%$.
You know Cat
I up for the year in my small cap portfolio. IF you're so smart as you think you are - why aren't you shorting these stocks if your so confident in your god given stock picking ability. I never hear what your invested in, i wonder why, maybe becuase your invested in nothing, you are not even short anything especially with all that negative energy. And you just blast everything and anything - first thing you did today was blast your mouth about eei being pumped when you got egg on your face. EEI being pumped, really. You went negative becuase you don't hold it, too bad.
Cat, your just a big talker, give me one of your supreme picks - do you have any, everytime i ask, i just get crickets - Do you know what a portfolio is, well, its a holding of stocks, bonds, shorts, money market, vix, it short trades, long trades, its all sorts of things, which I'm starting to realize you have no idea about.
Cat, did I hit a nerve?
The small caps are out favor right now , no growth in the world. But i've seen that movie before, maybe you haven't. I don't own gifi and you're not short it so even if you are right about the 8 dollar price you didn't put your money where you mouth is. So big deal. You don't really understand spam. I was just being nice to mention some stock picks that were up to you to research. You took my kindness as some sort of spam — you been following the wrong stocks for a while. GIFI vs apple thing was really a joke. But I didn't take in account your lack of a sense of humor. The fact is since I mention it back in JUNE both stocks are lower.
I get 5 or 6 percent with jcs what do I care if it goes down a few bucks i'm not watching every tick. Wow, you pick up on two stocks I own, wow. With PLPC I'm playing with the houses money. When the small caps find their bottom you'll still be sitting on the sidelines and even if you buy something at its low and brag how smart you are, you'll still sell it before you make any real money. You did it with EEI
You sold your ap at a loss , and god knows what happen with pesi.
But i'll give you credit at least you're moving up watching quality small cap companies that let you play for the next cycle.
You don't own it so why comment on it that its some sort of pump. You got the wrong board. It's a deep value stock, pretty hard to call it a pump selling at basically book value. Unfortunately it looks like you sold it a bit too early, oh well. Thats what happens when you act like a nervous cat watching every tick. Buy some good companies and forget about it. Also you mention that with the dividend and the earnings it was a winner, yet you went against your own logic. Wether something goes up or down you are always on the negative side — nobody's listening, put together a damn portfolio and stop worrying about every tick if you want to have something to show when you reach old man status, otherwise, you are going to be one of those guys always chasing the dream with nothing to show for it.
Actually not a pump. Stock is up on a filing after the close yesterday. Someone wants to buy the entire company at $13-$14/share!
On July 20, 2015, Mr. Jacobs, a Management Committee Director of the Management Company, had a conversation with the Chairman of the Board of the Issuer in which Mr. Jacobs indicated that the Fund may have an interest in acquiring all of the outstanding shares of the Issuer not owned by the Fund at a price in the range of $13.00 to $14.00 per share, based on the assumption that the Fund would be able to negotiate other terms and conditions of such an acquisition that would be acceptable to the Fund, including securing support for the transaction from the Issuer’s Board of Directors, management, key employees and stockholders. Any such transaction might be structured as a merger, tender offer, asset purchase or other form of transaction.
nothing exciting to throw out there. I was glad to see you on our favorite PLPC board informing me on a 52 week low base on 3 shares traded, and here we are once again on another board - you telling me what a great earnings report based on cost cuts - now lets see what these guys can do going forward. Don't be a stranger on the jcs board. I'm sure we can start an uplifting dialog over there as well. the board gets a little busy at times, I have the MANT board all to my self, sometimes i drop in on the amot board, Oh you would love the IKNX board.
You have been awful quiet about JCS, now thats another one of those #$%$ companies with a good balance sheet selling around book value. Your right , don't read my posts, my #$%$ just sits doing nothing. But one thing you should learn in playing this game a good defense keeps you in the game. Best cyber security play is MANT which the street give no respect, again, good balance sheet, sells around book value and pays a dividend, and I know eventually it will double or for that matter won't cause me to loose sleep, which is the objective of playing the market. I bot CALM below bv and then sold it around 50, imagine an egg company tripling, who would have thought.
Thats it catmister, the discussion is over, I needed to get in the last word since you continue to bash my favorite stock PLPC. But will see if apple out performs GIFI going forward. Logic would still tell you thats not possible, right.
Yeah we'll see. Hardly a guarantee. But I like the cost cutting story. Has been going on for several quarters and Q3 may be the first quarter to truly reflect it. Quote from the new CEO:
“Since the beginning of fiscal year 2014, we have developed and implemented a disciplined course of action to streamline operations and build foundational strength,” said E & E president and CEO Gerard A. Gallagher III. “We have critically reviewed indirect costs and moved toward a new operational staffing model that allows us the flexibility to be more responsive to client needs and project requirements. As reflected in our positive third quarter results, these initiatives, together with the focus and dedication of our employees, have positioned us well for improved financial performance, stability, and growth.”
Stock was over $20 a few years ago, so plenty of upside if they continue to post good numbers. When revenues start growing, they should report even bigger EPS. Tangible book value is $9.68. And they pay out a healthy 4.6% dividend yield. Both should help limit the downside.
Looks like a loss of (.15/share) in the year ago Q4. You can check the financials for the last 4 quarters right on Yahoo. Can also check SEC site for filings or company's homepage for past press releases.
Don't get too ahead of yourself here. If they can earn 25 cents the next quarter that would be satisfying especially if they could show some revenue growth, hard to tell with these guys since they seem to have a hard time keeping the growth momentum up. They did a good job of cutting costs this past quarter, now, its time for them to show some earnings growth on better revenue.
And i don't care if you follow them catmister. But you are the one who seems tobring up the ones that are bargains now at their current prices, But then my portfolio expands much greater than the the few bargains that I mention on other boards which you seem to like to throw cold water on. But like I said we'll see if GIFI has a betteer return than APPLE going foward, when logic would tell you that can't be possible,
They had a loss in the year ago Q4 so should have another very favorable earnings comp coming up. IF they can post another .40+ quarter, the stock should be trading at $15-$18. If not higher. With all the cost cutting, seems like it will at least be a huge improvement over last year. Like the risk/reward so I'll continue accumulating in the $10's. Attractive dividend yield too. If EEI continues cranking out .40-.50 quarters, they could boost the dividend even further.
Fiscal Q3 earnings of .42/share (fully taxed!) vs. a loss last year. Seems like much more upside possible from the $10's. Stock trading just over tangible book value, and pays a decent dividend to boot.