Seeing alpha is not your friend per-say. There are too many mis-steps. I was kidding about islamad. You guys are going to find out this is NOT a joke. I'll try to update. If you are younger reading this, I'll always try to give you the facts
i don't really care one way or the other about this ticker.
I only pointed out these operational cash flow statistics because i read a seeking alpha article under yahoo news that touted how this was a cash flow machine and that the dividend was stable. The article put a positive spin on the "statement of cash flow.". after reading the article I went and checked the numbers for myself and didn't see such attractive numbers, so i pointed out the numbers here with a little more transparency so that some mom and pop investor gets a better picture.
looking at numbers is one thing, but you also need to mention how many shares are outstanding.
the article talked about numbers from the past 5 years but failedto mention that shares outstanding increased significantly.
my question is , how (why) did the number of shares outstanding go from 313 million (Q1 2010) to 998 million (Q2 2012)?
again, i really don't care one way or the other. but i wasted my time reading the article so i figured i'd add what i learned so it wouldn't be a total waste of my time if i help someone else.
operational cash for the trailing twelve months
ending 6/30/2012 vs. ttm 6/30/2011
down $196,160,000 (-11.8%)
operational cash flow for 6mos 2012 vs. 6mos 2011
down $107 million (-12.38%)
Annual operational cash flow per share has actually declined
from 2009 to 2010 to 2011:
2010: $1.88 (-21.5%)
2011: $1.59 (-15.6% from 2010) (-34% from 2009)"
Good points. But the FTR Flagrante will keep pointing to FTR's special non-GAAP "Free Cash Flow" and tell you it's growing. That's the one that adds back money spent to operating cash flow and terms it "Free Cash Flow".