ANIK is very consistent on how they forecast. It took me awhile to figure out the philosophy however barring any unforeseen issues I am expecting good numbers for Q2
No way they pay a dividend you know as I do listening to the CC's that they may acquire a company. Also paying a dividend tells the investing world that the growth phase is over. AIn addition I will be posting my Q2 estimates soon which I believe will be blow out once again.
Biopharm knows this industry however like RLFSF he is out of tune with the financial side in terms of the margins ROE ROA this company generates
I completely agree as this is the best managed refiner in the US with high utilization rates as expense discipline. to boot a solid balance sheet that will allow for continued share repurchases
With all due respect to your knowledge of this company you have been a detractor from the first time I noticed you on this board. I certainly have no issue since that is your opinion and you are entitled to that however lets be fair, in the time you have been bashing their CEO and their strategy the stock has doubled and as I stated on this board several times Q4-15 was their break out quarter.
Also with respect to your comment I will be calling you out when they report next month their blow out numbers. Mind you I do not watch the grass grow and come up with numbers out of thin air. I have a detailed analysis that I perform to calculate the projected numbers. Contrary to what you may think I have been quite accurate. Perhaps you should do the same instead of always being negative.
You seem to know a lot about their products however I will say your knowledge of VALUATION is seriously lacking. If you go back to Q4-15 read the ER. This was the break out quarter that we and the investment community have been waiting for. They are firing on all fronts. In fact in my opinion the stock is undervalued based on their EPS progression as well as their cash position. In addition they have the BEST margins in the space. Whether you like Sherwood or not the stock is going higher. As I mentioned recently their estimates for the next Qtr are way to low. Another blow out quarter is in play.
I checked your previous posts he have nothing but bad things to say about everything. Be positive maybe you will make money instead of being a curmudgeon
Also the 1 year chart clearly indicates a top whereby we will have a correction although it will be brief then we rally into year end