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Lifetime Hoan Corporation (LCUT) Message Board

algo41 32 posts  |  Last Activity: Apr 17, 2015 6:25 PM Member since: Jun 12, 2000
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  • writer thinks TLF is very undervalued. Whether or not you agree, it is worth reading.

  • algo41 by algo41 Apr 17, 2015 1:24 PM Flag

    Disparity between eps increase and net income increase is large. If you look at an additional decimal point, diluted eps went up from 10.7 cents to 11.8 cents, or 10.3%. Basic shares went up 3.1% while diluted went up 7.5%. This discrepancy in part reflects change in stock price: if price goes up, diluted shares go up, and visa versa. On Apr 1, 2014 price was 16.83, and on April 1, 2015 it was 19.25 (when you look at monthly yahoo prices, it gives first day of month rather than last day of month or I would have looked at Mar 31). A positive is that volatility should be dampened, but of course large number of options is a negative, even when awards are reflected in net income.

  • algo41 by algo41 Apr 14, 2015 5:29 PM Flag

    "Accidental Superpower" has some outrageous interpretations, but argues that Canadian laws make it easy for provinces to secede, and that given demographics, Western provinces are going to be increasingly subsidizers of Quebec, and won't put up with it.

  • algo41 by algo41 Apr 14, 2015 5:23 PM Flag

    I know my vote won't really matter, but does anyone have an opinion on whether to vote for or against management? My only grievance is the lack of conference calls.

  • Reply to

    Bet they end up paying $15M?

    by barkingdog78 Apr 1, 2015 10:16 PM
    algo41 algo41 Apr 2, 2015 9:10 AM Flag

    as to "what similar cases", following is from a post on this board on Mar. 3

    "Delilah's, not owned by Rick's, is a strip club in Philadelphia. It is being sued for not paying its dancers wages, calling them "contractors". Dancers actually have to pay $85 for each shift for right to dance (and collect tips). Delilah's has been around a long time."

    Is rick's going to be sued in Texas where they have a number of clubs?

  • Reply to

    tender offer

    by algo41 Mar 27, 2015 9:39 AM
    algo41 algo41 Mar 31, 2015 9:19 PM Flag

    Are they unethical and willing to give poor guidance next qtr. to drive down the stock price? I think it is only a possibility. So do they raise the offer, or try to find something to buy? or even put the company in play, after all the major stockholders rather than the managers are in control. My guess: raise the top price to $43.50.

  • Reply to

    tender offer

    by algo41 Mar 27, 2015 9:39 AM
    algo41 algo41 Mar 27, 2015 1:05 PM Flag

    Thanks, Steve. It seems any of the smaller shareholders can probably sell at 42 today. I wonder if the offer is going to be under subscribed.

  • algo41 by algo41 Mar 27, 2015 9:39 AM Flag

    Not exactly overwhelming. Last time tendering did not work out well, but who knows this time. Does anyone know what the term "affiliates" means in the context of the offer?

  • I note that MCD was up significantly today because of renewed talk of splitting that company into a company that owns its properties and enjoys REIT status and the rest of the company. CBRL could do the same thing.

    A few yeas ago the comparable tax status got out of hand in Canada and they just eliminated it even for companies that already had tax free status (I owned Canadian Oil Sands at the time which lost its tax free status over a transition period).

  • Reply to

    HOKA POKA

    by raskolnikov88 Mar 11, 2015 4:25 PM
    algo41 algo41 Mar 19, 2015 3:42 PM Flag

    Very, You might look at ACU. Lots of options, but I decided it was still a worthwhile stock.

  • Reply to

    10-K is out

    by steve_382n Mar 17, 2015 4:56 PM
    algo41 algo41 Mar 18, 2015 6:39 PM Flag

    I am not happy with their reporting. Some companies reconcile GAAP and non-GAAP eps, and I think they should do the same. Also, they took out over 500k of "other costs" from adjusted EBITDA. That is too large a number not to provide more granularity. If they had conference calls, I presume they would have had to address that.

  • Reply to

    Stock drop continues

    by pezaguy Mar 12, 2015 10:54 AM
    algo41 algo41 Mar 18, 2015 5:56 PM Flag

    Paige, as far as I can see your information about "all the insider selling" is wrong or possibly highly exaggerated. There was a major outside shareholder who sold a significant number of shares some time ago. Would you care to provide some backup? I sold some shares right after the report, and since institutional shareholders are major holders, I am sure they sold a lot. That is different than insiders.

  • Reply to

    HOKA POKA

    by raskolnikov88 Mar 11, 2015 4:25 PM
    algo41 algo41 Mar 18, 2015 5:44 PM Flag

    Verypure, one advantage of being interested in Deckers is seeing your posts.

    HOKA says that their sneakers have engineered a unique performance midsole geometry that features a higher volume, softer density, and greater rebounding foam than standard running shoes.The midsole geometry provides an uncommonly energizing, stable ride that has inspired countless runners to keep running."

    Now as I have foot and knee problems I cannot see how the above would help me. Once they have walking shoes it may be another story.

  • Reply to

    10-K is out

    by steve_382n Mar 17, 2015 4:56 PM
    algo41 algo41 Mar 17, 2015 9:32 PM Flag

    Steve, I got a headache from the 10-k. 2015 seems like a flat year given the guidance, after a very good 2014. I don't know how seriously to take the COMPASS suit, and it sounds like more environmental charges probably await; COMPASS can't be good for their reputation. On the other hand, they have $32 mil in cash and got about 18 mil in Feb 2015. The environmental reserve is down to about 7 mil. Dec earnings were with only 1/2 quarter of RFL and were quite good given that they were up against a very tough comparison. The fact that they didn't repurchase shares in 4th qtr., especially after the RFL sale agreement, is surprising. Maybe they think an acquisition is likely.

  • Doesn't sound like McDonald's has one, although the first thing you should do, at least for a first degree burn, is run it under cold water or ice it (this is what I have been told)

    " But has a manager ever told you to “put some mustard” on a bad burn?

    That is what’s being alleged against McDonald's Corp. by workers who filed 28 health and safety complaints against the fast-food giant in 19 cities on Monday via a union backed-group, known as Fast Food Forward or Fight for $15. The group launched a petition on Monday calling on the U.S. Department of Labor to investigate the fast-food industry over health and safety hazards.

    Everyone knows that it's no picnic to work at most fast-food restaurants—low pay, lots of evening hours, but often not enough hours, along with limited career prospects. But according to new research pointed out by Fight for $15, some 2.8 million workers were burned on the job this year. That is four out of five fast-food workers."

  • algo41 by algo41 Mar 13, 2015 4:05 PM Flag

    Yearly revenue is worse than it looks because of a one time low margin contract in the aerospace/defense segment. On the other hand, in addition to restructuring costs, they claim increased employee health care costs of approximately $784,000 due to a higher than typical frequency of large claims and bad debt expense of approximately $140,000 due largely to a one-time write-off.

    Now revenues are lost when manufacturing goes off shore since geography matters. UFPT has manufacturing in El Paso, which is near Mexican border, but I wonder how much revenue is lost when manufacturing is moved to Mexico, or because of lower cost Mexican competition.

  • Reply to

    Stock drop continues

    by pezaguy Mar 12, 2015 10:54 AM
    algo41 algo41 Mar 12, 2015 11:20 AM Flag

    I guess the Roth conference presentation didn't go any better than the earnings conference call. The results are what they are, but response to questions was not exactly illuminating, except perhaps in a negative sense.

  • Reply to

    Casey's is proof Wall Street is ignorant!!

    by jhhouseman Mar 10, 2015 1:25 AM
    algo41 algo41 Mar 10, 2015 5:48 PM Flag

    I know the drop in revenue was cited as an explanation for stock price movement, but it makes so little sense, especially with monthly sales reports, I think it is just a rationalization. However, I have no alternative explanation.

  • algo41 algo41 Mar 5, 2015 1:45 PM Flag

    Net of federal benefit, the total expected cash outflow as a result of the settlement will be in the range of $21,000,000 to $22,000,000.

  • I called the company to complain about the Thompson consulting gig. I was told that person who picked up could not do anything because I had called the "institutional" line. If enough people call, like writing letters to congressmen, it might have some impact. I am sure it would not have under the Thompson regime, as they did not listen to franchisees, nor pay attention to marketing tests that conflicted with what they wanted to do.

    Phone is: 630-623-3424 (see McDonald's site)

LCUT
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