Excess cash $6.65/shr earning zero. A rise in interest rates helps earnings. Stock is selling below 5x EBITDA and below 7x free cash flow. No dividends so no taxes. 16% growth in book value last 3 years. They are building inventories because of plant consolations. Those inventories will turn into cash soon. Military sales responsible for soft sales but that is over. This is a screaming buy at $23.
Sentiment: Strong Buy
Fundamentals terrible, CEO fired, mountain of debt at 14% interest rate, commodity products, losing money, ----back to $2 for now but will below $1 next year. What knuckle head decide to buy this at 3 1/2 or $3? Buy MITK instead--leader in Mobile Deposit and worth less than PULS.
Paypal's niche is online where you do not need to enter any CC info or personal info. Retail store application is minimal. Paypal has grown in online transactions at 40% rate. Apple has nothing to add here but may have a niche in retail. What is easier? --swiping my RFID card or entering my password info on my phone and pressing several buttons to transact. Apple offering more me-to. Not impressive. Will be low adoption.
Out of the 16 million shares traded, you know a couple of small hedge funds have built positions in the 1 million share area. When the selling stops, and it will, the stock will gap up to where it belongs.
Do you know that an NFC is just a loop of copper hooked up to a circuit. Apple will not outsource this part especially to Pulse. Anybody can make NFC's--old tech. The circuit is the key and Apple will do that.
Patents do not really matter. It is first mover advantage that counts. The MITK product works well according to feedback. Price cutting to get market share is out of the question as prices are already too low. TISA will have a very tough time.
MITK is a retail investors stock, not institutional. As such. every time there is a slight drop it leads to selling. Selling begets selling. It will just have to run its course. In the meantime we can take solace in the fact that the fundamentals are good and they have a good BS. It is a great time to build a position. I have not seen any real negatives on this board. The Fiserv business is not that big an issue. Who can lay out the bear case?
Sentiment: Strong Buy
Why vertically integrate when you have massive pricing power over a commodity product? Making their own batteries just makes them capital intensive. Like Ford going into the oil business and promising free refills if you buy a car. I also see no way they can make them cheaper than the Chinese who pay their workers $.75/hour and have the same automation available. Good luck Elon.
With longevity investments by biotech, the average lifespan just keeps on rising. Life companies get to keep the premium payments longer and profits keep rising. Also with MetLife now required to hold more reserves, the pricing umbrella for NWLI just got bumped up. Selling at 1/2 of BV in 1.3x BV sellout environment, we cannot help but get an excise return in NWLI.
These are two such banks NWIN- Selling at BV, 11% ROE, buying back stock, conservative BS, 4% yield. CMOH with 3% yield @BV. Buying the heck out these small banks.
If you like BAC, you will love NWIN-- Selling at BV, 11% ROE, buying back stock, conservative BS, 4% yield. CMOH ditto with 3% yield. Buying the heck out these small banks.
Yes --they called me this morning to confirm buyout but Tencent is out.
If you like this, you will love NWIN-- Selling at BV, 11% ROE, buying back stock, conservative BS, 4% yield. CMOH ditto with 3% yield. Buying the heck out these small banks.