This Company derives it's income from goverment "outsourced" contracts. New revenue will and can only come from new government outsourcing, not entrepreneurship. Thus, notwithstanding management and accounting mishaps, the income is solid, management is another thing.
Doubtful, but some assured growth in privatizing state hospitals, another government check.
Question for the board - so if it's government money and high management salaries and perks what are the management skills for the GEO Team?
Are you going to hang on to Viking until the 4:1 conversion?
I don't see a compelling reason to sell VKERF just yet and it was up 2% today. I bought Viking and HTE for long term holds and I'll just ride it out.
Thanks - Goldie
I have been out of the loop for a while - when was this merger announced? I have about 1,000 shares of vkerf and have no idea whats going on here - any news links?
Viking has nothing on their website either?
Yeap - me like! any guess of a 1 year out price for EGSR.
Admittedly, I blindly hopped on this bandwagon and have been happily surprised.
I am not sure on the interest costs, but I suggest this is associated with the buyout of Group 4 Faulk and the reduction in the numbers of shares outstanding.
Look at the new debt a year or so ago and this is the interest costs associated with such (I think). IMO
After ic4x's commentary on the bird flu I have been looking around for a vaccine play. Check out NVAX. Conference call is today and is going well. Thoughts or comments TIA.
I agree with you in relation to the solid leadership and ethical manangement of the GEO Group.
You should disclose any current or prior financial relationships you have had with the GEO Group form a perspective of full disclosure..........
Thanks for the SSW tip, we need a little boost down here is So. Florida.
Still can't drink the tap water in Ft. Lauderdale and 80% of the street lights are missing. Guess I'll stick with the Corona for now........
I feel your pain man....Camping out in my office tonight (Hospital in Ft.lauderdale) with some Barcardi Limon and waiting, waiting, waiting.......
GO NVAX.....Go away Wilma!!!!!!
2 days ago in Ft. Lauderdale we were rejoicing in 75 degree weather with a small tropical wave in the basin.........
Today it's 87 and the FL West coast is sweating bullets, gas lines have fomed all over South Florida already.
Oil and Energy moving back up....
Any thoughts on NVAX???????
I have had an ass whooping with the CHKs, XOMs and every other engery sector US Stock! One head fake after another, but VKERF (Viking Energy Trust) IS bucking the trend. No shorts, no MM's and no insiders....
Computer crahsed, out of the country for a week or so and everything goes south.
Thanks to ic4x (and others) for VKERF, seems to be bucking the trend and selloff. I guess VKERF is below the radar screens of the hedge hogs and MMs.
Back in soon. Watch out for the < 30 day trades, tax loss rolls forward to your next purchase.......