SVU is expected to earn about $1.50 this year and next year. A mediocre and well below average PE of 10 would indicate SVU should be trading at around $15. If this company ever announces news that is actually better than expected, watch SVU jump 30%.
I am by no means an expert in these matters but I think there is something brewing somewhere - even the latest negative article indicates that this stock is undervalued, if one can read between the lines. This makes me think, considering the late accumulation of this stock, that it is kept down intentionally. I think the goodwill write-off may have been planned to have cash on hand at the tune of 1.5 billion usd. To me, this makes SVU look attractive to would be suitors. What do others think?
" I think the goodwill write-off may have been planned to have cash on hand at the tune of 1.5 billion usd. To me, this makes SVU look attractive to would be suitors. What do others think?"
its non-cash. please introduce yourself to a balance sheet
Agree with your conspiracy theory.
This article was a paid plant???
Check out the authors history.
Former IBD reporter and former Minneapolis Star Tribune reporter.
Pessimistic guidance from CEO. But some insider buying.
Doesn't figure. Like buying Ford @ $3.00 a few years ago in Nov and
getting a lift from tax selling in Jan. We shall see. An easy 50% by Feb?
they lost $6.94 a share and you keep pumping this instead of reading the SEC filings, they are covering up the losses using goodwill, stock buybacks(WHY?) and other legal fraud accounting, operating earnings mean nothing when a one-time charge is actually IN PERPETUITY. Then it's a lie. Why are they not canceling their dividend to pay down debt?
not short. Expect the truth.=GAAP.
I so much agree with this! Very good, and concise post! Now for a bit of vergiage. Some at work are getting alarmed, bringing in Bloomberg articles they download, etc. We have had 'shop our stores' promo since I can remember working here in Tacoma. This holiday season let's ALL associates who really are concerned get out there and shop those holiday loss leaders at our competitors and get INTO and buy from OUR stores for much - even more than we need and turn ourselves more positive and see & wish well each other more this season. Arrange to meet at the higher profit coffee and deli set ups of our stores, pay whatever it costs there for what is not on sale.. create buzz, get friends involved [covertly or overtly] and mostly just have fun - with a very positive approach!