Wait - Trump has been endorsed by two world leaders, Putin and the leader of North Korea AND the #$%$. Way to go! A real winner there folks.
My experience with Motley Fool is not good. They tease you with provocative ads but really want your email address and for you to subscribe to their service. Essentially a spammer.
Agreed. Without the dividend AT now has little appeal to investors. EPS, which most investors consider when investing, likely to be negative for many years. Only hope here is a buyout but who would want it!
Like most investors I'm interested in the bottton line, net income and net income per share. Hard to pin them down in AT's reporting. I realize that utilily reporting is different but nevertheless I want to know the PE and you can't determine that unless you know the EPS which AT buries in its boilerplate if at all. They failed to highlight in their latest quarterly that they are still hemmorhaging money but are spinning stories about enhanced cash flow and other double speak. And this is probably why the price of the stock is sinking again.
I think the answer may be that those of us who have an lengthy investment in GV have seen good quarterly numbers in the past only to be surprised by the following quarter with a "gotcha", a special charge. I want this stock to go up and succeed just as you and others do but I am also cautiously optimistic. I submit that this is why the stock is not trading higher. Yahoo finance needs to update it's EPS and PE for GV.
A 4 PE going forward is enticing but at present it has a PE of 18. I hope your optimistic forecast is correct but obviously the market is wary of this stock's "going forward prospects" based upon past performance.
Good question. Based upon recent history two or three quarters for GV? Those special charges do have a habit of popping up to deflate investor optimism. Do need to get rid of the Goldfield name too which in itself can lead people to believe it's still in the gold mining business and to many may suggest "speculation".
Those of us who have owned this stock for several years have seen several spurts in earnings only to be followed by special charges which brings the price back down again to its historic trading level, that of a penny stock mired between $1 and $2 a share. Company officers give us glowing forecasts of future profitability similar to the puffery of politicians running for office. Only a series of quarters with sustained earning momentum will convince me that GV is on the right course.