Sat, Apr 19, 2014, 9:12 PM EDT - U.S. Markets closed

Recent

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

SunOpta Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • retireb4death retireb4death Jan 3, 2006 8:03 PM Flag

    now that's a PR worth reading

    Happy new year Wild - and I did indeed see your post(s). I'm not arguing any of those facts (and I appreciate your continued relay of IR info) - though my belief is that this acquisition was so insignificant economically that it's immaterial to consolidated margins no matter how rich this line might be. Was it a good fit/smart deal - maybe. My argument continues to be that STKL needs a moratorium on ALL acquisitions until they prove they can produce increased earnings. I don't (just!)want to see PRs about initiatives, I want to see cold hard $$$. JK's (again, IMO folks) acting like an adrenaline junkie going after deals to keep his rush. He comes out of the CC promising a focus and singular effort, but he's throwing deal-making dt's before the Q's out and needs his fix, no matter how minor.

    I sincerely hope I'm proven 180 degrees off-base come next earning release - and that JK struts into the CC with his thumbs hooked in his suspenders with a Cheshire Cat grin on his face and blows the doors off the street. I'm long and not lookin' to bash - but my gut tells me somethings not completely kosher (pun intended <G>).

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Retire:

      Now that I know we're working from the same facts I can see we're walking down the same road - to a point. I too wish SunOpta had not made this acquisition, at least not at that time, and I too believe it was relatively insignificant.

      However, this is where you and I part company. I completely reject the adrenaline junkie analogy. I'm sure this was a cool and calculated part of a large chess game you and I aren't seeing completely. This move will ultimately be beneficial for SunOpta.

      That said, I too was hoping for a moratorium on all acquisitions until earnings improve. JK did NOT promise such a moratorium but a lot of us were hoping for a nice, clean quarter. Of course all will be forgiven if Q4 earnings beat estimates, despite the "mess". I also won't be surprised if we all end up praising JK for this acquisition when things are finally explained in the Q4 conference call...

      • 1 Reply to wildstoic
      • I agree that I do not see the exact nature of the acquistion but it IS based in natural/organic foods. That's enough for me to be confident. My great-grandfather smoked a box of Cuban cigars until the age of 92 (1970); at the rate of 50 per week. How he maintained the stash, I'm not so sure. But the cupboards sure smelled good 30 years later. Brand loyalty is a strong indicator of economic strength. I'm putting everything on STKL.

 
STKL
11.61-0.40(-3.33%)Apr 17 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.