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iShares Core Growth Allocation Message Board

  • meanscreen2000 meanscreen2000 Apr 30, 2003 12:05 PM Flag

    May I ?

    I'd like to interject a few thoughts if I may.
    No flag waving or bashing.

    By outsourcing the packaging for the syrups, they make an easy transistion for a buyer.

    Whatever they sell a particular asset/assets for, the buyer will use the leverage of the public knowledge that the price will be affected by the $12,000 interest payment due June 30th, if the there is no sale.
    Already accrued to 1.4 mil, as we speak.

    The ability to achieve reduced loss for the quarter which was OK at 6 cents, was not attributed to organic growth, but rather cost cutting.
    Cost cutting goes just so far.

    The 11th hour backout of the potential buyer of whatever assets in play, will drag the price down over the next few days to the low 30 cents range.,though as we get closer to June 30th, the rumor mills may put wind back in the sails.

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    • You're way off - the lack of an imminent sale was announced at 8AM this morning and the stock has only traded higher. Improvement in operations are holding sway.

      In case you haven't noticed we are in a bad economy. Leverage gained from cost cutting pays back bigtime when things inprove.

      I would say the 12 million penalty has been out there and was always going to be a factor in pricing and closing dates etc.

      • 1 Reply to metropolitan250
      • How is cost cutting better than organic growth?
        How does cost cutting become relevant after the initial impact of doing so?
        What does a bad economy have to do with the food industry's razor thin margins?
        I never said anything about the stock tumbling this morning.
        I did mention it would drift lower in the coming days.
        It appears to be doing so today anyway.

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