% | $
Quotes you view appear here for quick access.

Federated National Holding Company Message Board

analyst112 9 posts  |  Last Activity: 11 hours ago Member since: Mar 30, 2000
  • They were issued shares in exchange for future income. They also get to double dip in the future in fees for performance. This is not an arms length agreement and no shareholder vote. By my calculation they were paid 32x the annual savings to the REIT and then we are diluted 5%. Plus thye still reimbursement. This sucks. They also need to cover the dividend on the new shares. This is another awful deal. for shareholders. The next step is a dividend cut.

    Sentiment: Strong Sell

  • analyst112 by analyst112 Jun 29, 2015 10:14 AM Flag

    Down 10% more than the market in 2015 ---so far. Warren is ruining his portfolio with highly cyclical stocks like rails and housing. It may pay off if inflation comes roaring back but not right now. Buy level around 120% of BV or $175,000

  • analyst112 by analyst112 Jun 18, 2015 10:44 AM Flag

    Sally Thornton, the wife of Founder John Thornton, has died. She was a great benefactor of San Diego and member of our Board. We mourn her loss.
    The control position of John Thornton is now marked to market under Federal Estate Tax Law. This will accelerate the sale of our company. I have reason to believe the value is over $12/shr. ID check products are more valuable than Mobile Deposit. Fiserv and Jack Henry are obvious buyers.

  • Reply to

    this should help

    by taffy5005 Jun 16, 2015 4:30 PM
    analyst112 analyst112 Jun 17, 2015 4:18 PM Flag

    A long time coming. I have been nagging them for years to do this. This will really juice the EPS and cash flow. UFPT is buying its own stock at 6x EBIDA. It cannot even make acquisitions that cheap.

  • analyst112 by analyst112 May 26, 2015 1:07 PM Flag

    Will raise dividend next quarter to .15 or $.60 annual rate. Company buying back shares. BV 14.26 and P/BV is 1.26 lowest in 3 years.

    Sentiment: Strong Buy

  • analyst112 by analyst112 May 20, 2015 2:00 PM Flag

    The customer goes to WFM and TFM because they do not need to read labels. Everything is organic. Unfortunately, the supermarkets have caught on. Ralph's and Von's in CA have tripled their organic sections. I no longer go to WFM as my needs are met in traditional stores with all their extra offerings. The WFM/TFM niche is being eroded and with prices so much higher, they will now begin to lose market share. WFM is selling at a big cash flow premium to the SPX and has a lower ROE. With growth slowing, that cannot last for long. TFM is a little cheaper but still valued at $10MM/store or 12x cash flow. Their store prices are higher than WFM. They will now bump up against WFM smaller format stores.

  • analyst112 by analyst112 May 20, 2015 12:43 PM Flag

    Now in survival mode. Fired marketing, CFO and other execs. Other key people will leave shortly as hand writing on the wall--slow decline to nowhere. product offering is obsolete and cellphone internet access speeds up and is secure. Ipas missed the boat.

    Sentiment: Strong Sell

  • analyst112 by analyst112 May 20, 2015 12:36 PM Flag

    Cash flow is $12MM/year and MV is $83MM. Very low debt. stock is 6.8x cash flow be inline with the trucking industry, the stock should be $$45--lots of upside

    Sentiment: Strong Buy

  • analyst112 by analyst112 May 19, 2015 3:09 PM Flag

    margins up, cash flow up, number of customer additions up 40%, only selling at 12x EBITDA @ $2.50 based on company projections plus building cash as capex limited. Open ended growth. Love the prospects. Had a big run in last month so natural that day traders dump some shares. Buying more.

    Sentiment: Strong Buy

24.80+0.12(+0.49%)Jul 6 4:00 PMEDT