And they have given zero consideration for the Sabre transaction which I believe will turn out to have been a great acquisition for them.
Another thing. I don't understand the whole Zacks downgrade either. Zach just downgraded from Outperform to Neutral on 11/11/2013 with a new price target of $15.40
I must be missing something. Their Consensus estimates are 80 cents for 2013 and 1.09 for 2014 That;s 36% growth
Paying less than 13 times for 30% + growth is ok with me. I don't see how they can come up with a strong sell.
As to the no growth in the backlog-that was addressed in the CC- they're increasing production to keep up with increased orders
I would think we will drift in the 12-14 range until the next quarter.......long term it is a buy not a strong buy....
Tough call for me Sea. Being a bargain hunter myself, i'm with you. I am more a buyer at $12 than $13, but who knows if you'll get that chance? I noticed Zack's downgraded to strong sell rating at the market close Today, so that may give you an opportunity to buy cheaper. I do see a little more upside here near term though. But basically I think the time to buy was $10-$12 range. I would look to add more in that range myself. Happy Turkey day fellas!
Your last buy is looking pretty good Chump. I posted saying good job but I did not come in myself. I was being greedy looking for $11. $10 was the bottom a while back, then $11, now Im thinking $12 is the bottom. I would love another shot at $12, or somewhere around there. What do you think CB? Happy holidays. Go Pack! (yelp)
The analyst seem to like the company. I have a feeling I will be holding this for a long, long time. I said a couple months ago I thought this could go to $18 by the eoy. That was probably being to optimistic and before the Q call. I think $15 is now more likely by then.
I have no idea where this going, do you? Whomever is play around with this stock has some kind of plan, but damn do I know. It is an interesting stock to follow and probably still under the radar, but tht seems to be changing.
Who would have thought this going up 6.50% today. This company stock is full of surprises. I wouldn't venture where this stock is going.
Yes, this is dead money right now Chump. LOL
This is the opposite of TEX a couple years ago (company doing great, but bad macro for TEX; company doing mediocre but good macro here). With the oil industry in the U.S. on fire (real world, not necessarily oil stocks), the market movers love to be in companies that will benefit from that growth. IMHO
Sentiment: Strong Buy
I wouldn't lose faith in the Sabre deal just yet. Give them time implement things and get the ball rolling. I think it fits in well and they went a little outside the boundaries so to speak and are entering into some new territories.
They need to build out from what they have and leave the transactions alone for awhile. Time will tell I'm going to give them a couple Q to get through it.
We won't rise until we get a good qtr, the full year prediction is way lower than hwat they had been saying......I don't like it but I am holding, I bought most of my shares in the 10's.....FV is around 12-14 in my calc's......lost a little trust in management, both on the sabre deal and the recent earnings guidance......
Looking at the charts (YTD and 1 yr), it seems like it could get back to 11, but it could go all the way down to 10. 10 might be pushing it, but anything is possible. As we know the stock has risen uncharacterically quickly very recently and has fallen alot in a month. It may be close to where it should be now and back on the usual path. Then it January it starts to rise again. Anyone see it that way?
No it is not. I doubt you have the funds Roth does. You sold your Arena to soon didn't you. I see you're the basher type when you get burned.
It didn't tale long for you to answer my question from that board.
Roth Captial? Is that the samething as Bananas500 Capital?
I haven't posted in awhile, but it sure did come down, getting back to where it was a couple of months ago. This stock could still go down a little bit more and be back on schedule. I hope some of you took profits when it was recently high? But sometimes that is hard to determine.
I enjoyed reading the transcript. Management didn't shed a lot of good color on why the sales dropped there. I really hate acquisitions like that. They raised equity which is expensive to buy a company which had its sales decline 50%. That is quite concerning