The analysts have interpreted the mountain of cash on the balance sheet, the small share buyback and the lack of clarity from management as an indication that a big acquisition in the works. This is viewed universally as a negative for equity and hence no upgrades. At the current price, they could buy back half the outstanding shares .
Based on the Q2 results, management's time would also be better spent focusing on operating what they have instead of trolling for acquisitions.
worth 5 dollars with empty earnings. you understand better than god. you no idiot. you too are genius. U R correct universaly because you got supreme understanding like god himself. everyone likes god.
must be big or biggest genius. sir newton who writed Arithmetica Universalis was also nice and top genius. i think U injoy his sixteeneightyseven Philosophiæ Naturalis Principia Mathematica. it not 4 idiots but for genius like U.
PS: Go to the quartly report of Monday, May 2, 2011 11:00 a.m. ET and find Total Shareholder Equity ($666,980,000) and divide it by the number of diluted shares (90,417,000). Compare that number to the Total Shareholder Equity in the lastest quarterly report ($914,832,000) divided by the number of diluted shares (111,772,000). Now subtract the higher number from the latest quarterly report and take the different and divide it by 7.37. THAT IS THE INCREASE IN SHAREHOLDER EQUITY PER SHARE.
You're clearly an idiot, shareholder's equity may have gone up, but so did cash. Total Assets = Total Liabilities + Shareholder's equity... so eventhough shareholder's equity went up, it was a direct cause from the cash balances going up due to the issuing of additional shares. Shareholder's Equity didn't increase because of earnings or anything, it was due to warrants being excercized. You should stop investing in the market if you don't understand the simple reason behind the financials of Boise