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Boulder Brands, Inc. Message Board

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  • squidunker008 squidunker008 Jun 10, 2010 2:20 PM Flag

    dump to 5.70

    Hot One, the market cap is now probably OK.
    PE is high, but it is a small cap firm, full of new product initiatives. You pay for the potential of a homerun if they pull off building the company.

    The company sells for under book value, though somewhat overstated, and sells for price to sales of under 1.4. Any company with a price to sales under 2.0 with positive cash flow (they actually have it, tiny but there) is always a consideration for purchase. Buyers like to get companies at a maximum of 2.0 - 2.5 price to sales if the company is not a quick grower.

    We are there. I did not start a buy at $5.50. I did place a limit order this morning at $5.01. If the stock holds, I may start to buy in as high as $5.10 today around the close.

    I really do not think we will see $4.00. Now there are small cap funds and a few institutions selling to square away their holdings before quarter end. This stock has not been a good performer for two years and management has shown themselves to be somewhat shareholder unfriendly.

    That aside. This company could be a nice trade at today's price and the business has potential.

    One bad thing, no recent insider purchases!

    Good Luck.

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    • So many companies have a market cap BELOW their yearly revenue right now. This is higher because of the hope for growth I would guess. I'm sure over 5 years of paying down debt and buying back shares this will become a good value. But not today at $5,$6 or $7. It's worth $4 right now. Prove there is sustainable future growth and not just manipulated quarterly numbers. Sorry to holders.

      Good luck.

 
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