Mon, Mar 2, 2015, 12:23 AM EST - U.S. Markets open in 9 hrs 7 mins


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

Appliance Recycling Centers of America Inc. Message Board

  • snds10 snds10 Nov 23, 2012 1:57 PM Flag

    Going Forward

    OK this is getting interesting. Seems like lots of tax loss selling at these levels.

    So how could 2013 look? They could have a million or so of carbon credits which could equal $.20 for the year. What could they make with aap? I think they should make .10 at least maybe way more but it all depends on scrap prices. How will the ApplianceSmart stores do? Anybody could make a guess. I would like to know what they forecast for net profit after everything per store? I would think around 3-4% would be a good net profit, and I mean after all G&A and everything. If they have $4M per store and could make 3% that's $120K per store. If they average 20 stores that's $2.4 from the stores. It doesn't seem like they average that much profit but does seem like they doing a store level analysis to identify underperforming stores. If they could make $.30 on the recycling area plus the retail stores. I would like to see 3% net or .42 from the stores for a total of $.72 which I think is very realistic. If the court case in CA lingers on the prices for carbon credits could be further pressured. Lets say I'm too optimistic at $.72 for 2013 my earnings estimate for the year is $.50-.72. I'm not sure what the consultants will cost for the GE expansion but I would guess $200K?? and hope to throw that into the 4th quarter and call this a bad transition year. I think they will get the financing isssue resolved in early December and that should send the stock back over $2.

    I think Jack is doing a good job and is making all the right decisions. It's especially good to see him get a little opinion from consultant on the GE expansion. It shows he's open to change and new ideas which isn't always the case with the CEO.

    Any comments. I was totally wrong about this year but I think my logic going forward is solid.

    Have a nice day.

2.68+0.02(+0.75%)Feb 27 2:11 PMEST

Trending Tickers

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.