Fri, Aug 22, 2014, 9:54 AM EDT - U.S. Markets close in 6 hrs 6 mins

Recent

% | $
Quotes you view appear here for quick access.

DLH Holdings Corp. Message Board

  • longtimefollower longtimefollower Jan 6, 2010 3:18 AM Flag

    Receivables of RX.

    Says that TSTF will be keeping these...and the payables, etc., I guess.

    Will we be able to generate some net cash flow from liquidating the working capital items from RX??

    Why didn't Fillipelli get off his f--king ass, and have a conference call to discuss this deal, if he wasn't going to provide more info in the press release and 8-K?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • From looking at the 10-K, it seems pretty clear that there won't be more than a few to several hundred thou worth of additional working capital generated from the liquidation of RX's working capital. It's barely, albeit marginally, material.

    • Does anyone know what were revenues/profit or loss of TeamStaffRX division which was sold recently?

      Thanks

    • LTF, those are great questions, I wish they had a conf call. I think Fillepelli was shocked by the institutional holder during the last Aug conf call who really took him to task - basically saying that the only thing to do was liquidate the biz.

      That large shareholder believed the gov side of the biz was worth $2 - $2.50 in a sale. Obviously he could be wrong or just bs'ing.

      And I agree that you'd think they should be able to generate a few bucks of net cash flow as the A/R and A/P wind down, but I dont know enuf to be certain.

      I'm no expert on TSTF. I mean I've read the last q and recent pr's, listened to the cc and thats it.

      It seems to me that its worth a multiple of the current shareprice as long as the gov biz hasn't deteriorated during the past five months. And I believe they have enuf cash to self finance for the short term w/o a facility.

      I know this is a long shot since they havent mentioned it since the Aug call, but it sure would be nice if they could get some of the retro billings they mentioned - I mean they sounded confident that they would get a decent portion of the million bucks. On the flip side, with the recent pr's, they've had ample opportunity to update, but have not. Maybe thats a reason whey the CEO is leaving, he f'd up on the retros.

      I'm long TSTF, but its not a large holding. I mean even at .70, there is some risk.

      best.

 
DLHC
1.87-0.12(-6.03%)Aug 21 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.