YEA, I am still a holder, over a year now.. At a loss mind you. I guess that once you are on board and have a loss, it is hard to walk away.
I believe in this company, but I can not figure out what is holding it back. Should be closer to $30 per share. 12/03 12/02 12/01 12/00 Ind. Avg. (12/03)
Return on Equity (ROE) 52.0 14.1 14.9 13.4 7.0 Return on Assets (ROA) 8.9 5.3 8.8 7.6 2.2 Return on Invested Capital 12.3 7.0 14.9 12.4 4.3 Pre-Tax Profit Margin % 13.4 6.0 5.2 4.8 4.1 Post-Tax Profit Margin % 7.3 3.8 3.5 3.2 1.8 Net Profit Margin % 7.3 3.8 3.5 3.2 1.8 these number are not shabby. IF they could pay a dividend that might be the catalist to push up the price. Comments appreciated!!!!
Very true, the problem is going to be with shrinking budgets in state corrections it (private prisons) will be a alternative. If the bad publicity like CCA (CXW) ever stops. GEO is being deliberate in making its move and i would agree it is time to buy as i would look for price to hit 25 by years end
I agree, sure seems harder to walk away after this long, i got in when the broke away from Group 4. The only thing i can say is that with they operate something has got to improve. They are alot more solid than thier competitors.