What will make it move forward? Latest quarter saw no growth and the stock trades at 30+ times next years earnings. There are no estimates that give JMBA more than 5-6% growth going forward. 15-18 times forward earnings is the right price for Jamba.
I held since SVI before selling this week. I was expecting more.
my bad. no need to be rude. guess its an internet thing. but 5-6% SSS is still the highest in restaurant industry. and negative EPS to positive EPS is infinite growth. 7c per share to what? 14 c per share the following year would be another 100%...
where in the world are you getting 5-6% growth? are you talking about SSS growth? if you are 5-6% sss would happen to be the highest in the entire restaurant industry. clearly u know nothing about jmba and the entire restaurant sector.
james white used to work for gillette during the time buffett bought into it. he likes jamba because it is like dairy queen. With that said, we know he loves Warren buffet and he's following the same strategy. long term. don't focus on what shareholders are telling you day to day to pump up stock, focus on long term viability and health.
My 'long term' started 4/2010 so forgive if I come across rude by telling you that this has been a POS and I'd love to not hang on to this for another two years and be 20% down yet I don't take losses in my brokerage account. They need more advertising or coupons, just something to entice business b/c most people don't just drop in and drop $5-7 on a fruit shake at the mall in the NY/NJ area..