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Coffee Holding Company, Inc. Message Board

  • hageneriksson hageneriksson Jun 10, 2014 9:15 AM Flag

    UGLY numbers

    as suspected customers stopped purchases almost entirely during the quarter leaving the company in the doldrums.

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    • I think the most important thing is that they didn't do anything stupid with hedging. I think it is a good buy now going forward. These earnings were like the January 2014 earnings in that they were hard to decipher but to me they looked like they had future success and the company did a lot better the next earnings.

      Next Quarter will be really good in my opinion. The lower and more stable coffee prices now are most likely having people to start buying and making up for their depleted inventories.

      I would buy at the lows here, I am not sure how much lower it can go but it may see $6.90's again. Buy there as it will most likely turn around next quarter.

      Sentiment: Strong Buy

    • If wholesalers stopped purchases this quarter and drew down inventories, and JVA STILL saw a 186% increase in profit during the quarter, imagine what will happen when their customers start refilling their inventories. This is exactly what was being reported. Starbucks and GMCR can't hold off buying coffee forever and JVA reported an excellent quarter even when they did.

      • 1 Reply to argyle46
      • JVA admitted to margin pressure in the press release because they needed to attract customers to buy at least something. The company's weak position both from a purchase and selling perspective makes it virtually impossible for JVA to reap significant benefits from any kind of market movements. This has been evidenced many times in recent years and won't change going forward. Remember also that once JVA itself has to buy coffee at higher prices the current positive margin impact will be gone. SELL

 
JVA
6.88+0.01(+0.15%)Aug 29 3:58 PMEDT

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