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Quiksilver Inc. Message Board

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  • tmatz6698 tmatz6698 Jan 18, 2013 10:30 AM Flag

    Warning - Don't Become a Bagholder

    Yet more money in my pocket I'm not selling at all till ten if it starts underperforming dc shoes is huge and keeps growing I agree with some of your points but that is a major one you are not covering

    Sentiment: Buy

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    • I didn't cover it because it isn't a major point. DC Shoes was acquired by Quiksilver in March of 2004. That was a LONG time ago. Since then Quiksilver has been through a major debt restructuring, saving it from the brink of bankruptcy. If that acquisition was so profitable then why did it do absolutely nothing to help grow their business and brand, let alone keep them afloat. Quiksilver has fewer employees, fewer stores, and smaller product lines since those years. Businesses are judged and priced in the market by their EARNING power. Quiksilver's earnings have been consistently disappointing, under industry standards, as well as their operating and profit margins being terrible for years. Buying DC did nothing to help that. Do your research. If you wanted a real idea of ZQK's condition you would analyze their financial statements and notice the crippling long term debt, small cash holdings, and weak earnings per share, among other things. Saying a company is going to blindly do well after having a mediocre last quarter just because they have some aging brand in their portfolio is not only a poor way to analyze a company's value and growth prospects, but is highly ridiculous.

      Sentiment: Sell

 
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