Do holders of CODI in a taxable account have to calculate / file state tax returns for CT, if not other states? Having to go through the calculations for multiple states is a drawback for pipeline MLP investments. Thanks in advance..
Technically you are a partner. You need to report your share of the entire operation's income, deductions, credits etc. on your personal taxes in accordance with the Sched K-1 they provide you with.
How...Revenue Growth.....Low PE.....Good Cash Flow.......Increasing recommendations from analysts......Please tell
Sentiment: Strong Buy
Strong company that has consistent insider buying and a strong long term strategy. Constantly impressed with the diligence of the management team. instead of overpaying for high growth brand companies with expanded multiples in this PE environment, their latest two acquisitions were cash flow machines that have stable and lower multiples.
Yet they managed to distribute all most all of the value of the company stock in the last few years. I believe this is a firm that buys and sells profitable companies and distributes the return to the investors.......
Strong income, strong distribution
Sentiment: Strong Buy
Where are you getting the negative balance sheet from? They do have substantial goodwill and intangibles but they are in the business of buying small branded companies which require the calculation of both. Interested in hearing a negative perspective to balance against my positive one.
Also take a look at their equity balance sheet line. Dec2012- 414.63, Dec2013-473.38, Dec2014-767.43 in equity. Part of that (99million) is from a capital raise in 2014 but the other part (195.05million) is an increase in equity via organic growth from selling businesses/retained earnings etc. These figures to me show that CODI management is doing its job but also lays out an expectation for their performance in these areas to be lumpy on account of how their business model works.
foxf acting well, but thinking traders taking this down to join the general market, breaking lower uptrend line and thinking that us interest rates are going to fly...........whacky market......incrementally just bought more.
I swing trade this and noticed that Zacks was hyping CODI daily (?) -- and there was a wide gap that had to be filled (gap was just filled around 17.50) - so if it is short term traders, then this makes sense -- it's technical chart trading, not something fundamental....if it were fundamental good news then after a brief consolidation it would have forged ahead toward it's 52wk high -- actually I am concerned about bad news and have stepped away until after the earning etc this week....