I just caught myself laughing out loud again at the stupidity of this comment. If humor was your goal, bravo.
Why stop there? Make it $100.
Curiously, if they do cut their dividend will you admit your complete and utter ignorance on the stock, the industry, and finance in general?
Wont affect LMT as much as the other guys.
Hard for me to imagine this going to LMT. If AMG or OSK are left out, they will shutter their vehicle businesses just like BAE, Force Protection, Navistar. DOD wants vendor competition. Giving this to LMT would only further consolidate their vendor base. Would be very foolish in my opinion.
In addition, I am not sure how you get beyond the fact that LMT has never made a high production vehicle. Not sure why they didn't buy the Sealy, TX plant from BAE. Poor decision. That would have alleviated this concern.
Some of you will be grateful I am sure.
Still very bullish on the stock. Stock is way undervalued. But I think this is heading to the low 8's before it hits $11. I think they will miss Q3 EPS Estimates despite overall solid numbers. That in addition to the overall market volatility. Hope to buy back my sold shares as quickly as possible.
Cannot fathom how B&B still are running this ship however.
Never cared but you do respond to him. LOL. What losses are you talking about? Despite your articles on SA Mr. Waterman, JAKK has been on a tear. Could you remind us what MAT has done since you initiated your Buy recommendation?
Still trying to make your money back on Mattel. Good luck with that.
Worth noting Mattel is also valued at 20x JAKK as if the two are even correlated. Another ill educated poster.
Citi values JLTV at $5 per share. That is simply the dumbest thing ever written. JLTV will in theory replace the Humvee. Spare parts and future wars, etc. and the option value alone make this $1b valuation.
If OSK wins this business (if), it increases the value of the defense division by about $1.5-2.0b alone. It is a game changer.
AM General which really only produced the Humvee for years was worth nearly a $1b and they had nothing else.
1) Bought in the 6's too my friend. Go check the posts. I rant about 10 years of bad performance because it is true not because I have been in this company that long.
2) You lied - plain and simple. And you got busted. Now you are embarassed. I dont blame you for being upset. But dont blame me. You told us your deep industry connections told you JAKK's JV income was recurring foreign income. You were wrong. Admit it and move on. You have no industry connections. You most likely are continuing to lie.
3) Worst of all, after months of telling us why you are so bullish on this company you then tell us you are out because Frozen sales are down (similar to telling us the sun will rise in the east tomorrow). Oh and then the next day the 10Q comes out showing us you were wrong and I was right. You lied again to save your pride.
4) The mere fact that you resort to telling us about your "wealth" is even more embarassing. I would love to respect your intellect or character but I loath someone who has to resort to I am richer than you therefore I am better than others. Grow up.
5) I am not here to make friends. I am here to speak the truth. And I will continue to. I apologize for outting you and your lack of ethics but you did it to yourself.
Then why do you lie. Kind of sad that you make up lies with your 75m (lol). I haven't made one personal comment til you got caught in a lie. You are the one bragging about your "industry knowledge". Very humiliation for you I understand.
Blood cultures are done for more than simply testing for Sepsis. They still need to do this testing to rule other possibilities out. If they were only testing for Sepsis, they would stop.
I hope this Board learned a valuable lesson with cceran. He pretended to be an insider with all of this industry experience. He then bailed on this stock "because of weak Frozen sales" in July (?). Of course it had nothing to do with the fact the fact that the 10Q showed that $1.7m of JV income that he told us his industry friends (LOL) confirmed was recurring Foreign sales was indeed a one time bankruptcy settlement payment. He lied to us all on multiple occasions.
He was the one leading the charge for Berman and Bennett as well.
We must get new leadership. 10 years of underperformance. This only happens at JAKK. Stop the insanity and gives us new leadership. Oasis - you cannot accept their track record or their excuses. Demand change.
Come back CC and tell us how wrong we were. And how smart you were. All of it was lies.
CC got out of JAKK right when I was proven right and he was wrong. The JV income that he told us his insider toy industry friends was recurring China income is indeed a one time settlement fee. Therefore, they did indeed miss last quarter. At least we now know CC is a fraud.
Anyone now want to agree time for mgmt to go?
But let me guess, you still support this management team? You are a real piece of work. The same team you continually endorse who has been at the helm for 10+ years and generated negative value while the market is up massively,
Incidentally, a) as BMO stated Frozen revenues will go from $200m to $80m this year. Not new news. b) None of the new Frozen toys have even hit the market yet that B&B alluded to so its hard to fathom why they would be moving fast in the middle of July, c) even if JAKK doesn't hit the $80m in sales per BMO - which is kind of a layup - the stock is still dirt cheap.
But hey, you are the Toy Industry Expert and you are the one who thinks this is such a talented mgmt. team but you just don't think they will hit their goals once again.
EBITDA is an enterprise multiple. You add Debt + Equity and you must consider this on a fully diluted basis. Therefore, there is no debt, about 42m shares and $150m Cash +/-
Well it was only a matter of time. The Street continues to tell us B&B are our problem. Still trading below 5x EBITDA. Please Oasis use your influence and get us some new blood. The longest worst performing public market mgmt. team has to go! Why do they continue to get a hall pass? When is enough enough? See you all below $9
IF Soon was to buy JAKK, why wouldn't he have made an offer when it was in the $5 range and the stock was trading below cash value? Now he would be interested but at nearly 2x price. You are simply dreaming. Like you said he is a smart man. If he wanted this company he would have bought a while ago not now that the price has gone up.
This is the same man who has taken an absolute bath on this investment. He is an absentee investor. The only reason the stock is even at $9 is due to Oasis and they are an activitist meaning they want him to shape up or ship out.
If this was a cancer company, I would agree with you, but a tiny toy company he has proven to know nothing about.
There is a better chance of CAT buying Navistar than any menaingfull GM deal. GM will be happy to sell Navistar made medium duty trucks with GM's name on it. And this will amount to about 100-200m of sales per year. Move on. Immaterial.