While I am long, I am not as bullish on next earnings. The big contract started last quarter, but doesn't really get up and going until later this year. The NTSL earnings were similar to last Spetember's quarter. Things should really get moving in 6-12 months.
Brillo, there are certainly issues with NTWK but lack of analyst coverage is not one. Few companies under $100 million in revenues have analyst coverage.
The division that makes the gowns is well over 50% of sales. If the company is so negligent with its gowns, can you trust them with other protection that lives depend on?
This trading is a gift and helped me short some pre-open. Management's response added nothing new from what they said on 60 Minutes. It doesn't refute that they sold product after they knew it was defective. It doesn't refute that their product had about an 18% failure rate despite lives relying on it. I can't see hospital buyers explaining to their doctors why they are still buying from HYH when the failure rate is so high. Too many other options out there.
The Pakistan sub earnings were similar to that in September. After adding back amortization, parent company cash flow was pretty strong in September and earnings looked better than at the sub. The big new contract starts to really ramp up in the current quarter.
This stock traded around $5.00 for quite a while last year before some bad earnings. Earnings are now back to the level when we traded at $5.00. I don't know about year end, but in the next month or two we should get back to $5.00.
The auction is May 2nd. We'll see if the price of gold has gone up enough to leave something for the shareholders. Not holding my breath, but it's possible.
GGP's largest tenants are Sears, JC Penney, Macy's and Bon Ton. Sears and Bon Ton are closing stores and are likely to be bankrupt within two years. JCP is struggling and Macy's is closing stores. Meanwhile most mall tenants are facing increasing competition online. If you back out their online sales, their bricks and mortar based same store sales are declining right now. GGP has one of the highest multiples to FFO of any REIT. This is due in part because renewals are being signed at around 10% higher than the prior lease. That does justify a high FFO multiple. However, as department stores start closing, and bricks and mortar retail shrinks more, this trend will come to an abrupt halt and reverse. The stock price will be cut in half. This is a secular story folks, don't get stuck with yesterday's business model.
He really didn't say much other than the guidance given a few months ago is still in effect. After what has happened to SUNE and VSLR, that however is good news.
Moon you're way overstating this guys influence. He wrote a whole article about knowing why the stock was down. He attributed it to some stock options that were extended. Something that in fact had no impact because no one knew about it. The extension also turned out to be legit, so his argument was refuted.
The new solar design center is off to a great start. If they can prove this concept, I can see 5-10 more just in California generating $5-10 million a year each. And this is primarily for residential, the smaller part of their business right now.
Yes the whole 3D thing didn't work out. Saying they never planned to take it to market is conjecture at best. Reality is the 3D product no longer matters. This company is getting explosive growth from its new management team, all of whom except Nelson, arrived in the past two years. You need to look at this company as a solar installation company with 100% revenue growth right now.
I think $100 million this year is very doable, and possibly $120 million. I don't believe $0.60 EPS is possible, that would be a 12% profit margin on $100 million. Contractors just don't get that kind of margins. I think we are looking at $0.15-$0.25 in 2016. But if the growth continues, the stock may get to $7.50 by year end. What I really like about SUNW is there appears to be nothing to stop their growth. SCTY and VSLR are the only other large players in this space and they mostly do leasing. That leaves the solar sales space to SUNW.