Should be no reason why we are not 40 dollars higher
over the next 30-50 days. 6.4M shares still denying the inevitability of UGG PURE and its power in stabilizing earnings for at least the next 36 months at current levels and the fact that management is now forecasting another year of record revenues.
At least 125/share for right now. We have 12% less shares than when the stock was at 118/share and we have an expectation of 150M+ in cash t be made this year as a result of sheepskin down 10% over last years prices as well as ugg pure integration at 25% for 2014 over 10% for 2013, starting to show us some saving there.
So in 120 days from now, should be more than 400M in cash on hand compared to 256 when we were at 118 /share a couple years ago. No brianer.