DICE is a specialty play - they really only focus on the highest margin/growth sectors. Those that make money the only down side is that market is not as big which is why they are smaller. The problem is they are taking those high margin dollars from Monster. Monster is being squeezed from all sides and what it's left with is a 10-15 year old business that is shrinking, just like the newspapers that Monster destroyed.
Linked in has gone from nothing to more than Monster ever made in 10 years. They are still growing 60-80% year over year - they will grow more in 12 months than Monster makes in a year. There is plenty of money to be made in this space but not the Monster way. They don't have the money left to do anything but watch the world pass them by and wish they had done things differently.....like say not buy $100M in stock at $36 or buy Hotjobs for $225M a few years ago.....etc.
The metrics in the abstract make Monster look attractive, but do you really think you are the first person to notice it? There is a reason this stock has dropped and will continue to drop it's because it's over.
EBITDA is the wrong metric to look at for a well established company that has both contracting margins and contracting revenue. Monster is not growing it's shrinking from nearly $1.6B in revenue several years ago. It has shed all the high growth (potential) countries and is now focused on the base which continues to contract.
It now has debt, and will have more this quarter and beyond with restructure. It spent $600M on stock buy backs and $400M on companies in the Sal era. It tried to sell it self with no takers. There is no confidence that they can turn it around - none. The strategy has been to wait out the economic storm - but all the competitors have grown. EBITDA doesn't matter if you spend more on restructure and other things.
Dice is slightly undervalued, Linkedin is overvalued but the market pays for growth it doesn't pay for companies shrinking for 5 years with no plan, no money, not patents, not strategy, nothing but a management team wondering why they are still here.
Do your homework and get out while you can.
They will not generate 200m EBITDA this year or ever again.
you said the same thing when it was at $7, $6, $5.... now its at $4.5. The only ones making money are the short sellers and yet you think you are smarter than them. I suppose they are dumb to short a stock that has gone from $9 to $4.5 in one year while the S&P has hit its highest level. Refuse $10 offer and then bring down the stock to $4.5.... pure smartness by the Company.
If you think the stock is worth $10 I will sell you my stocks for $7, want to buy them?