i think they are going to continue to drill.
i think gs still has them at 1 dollar per year. that's too high. i think best case you get 5 cents a month. let's see.
that's wierd. not even on a quarter end or a month end. it very well could just be noise. Nice day for the stock recently though. decent volume today. i hope the company is buying shares. Good luck.
perhaps. the guy dev also hasn't posted. maybe they were teh same person? they were around the same age i thought.
every few years a new set of pumpers but this round not that many new guys.
has poolblue finally sold all of his shares? no posts on IV for almost 5 weeks. nothing really here as well for several months.
that's how the pumpers leave. just cold turkey. at least DDD had the decency to say he was selling (split adjusted price of like 50 bucks, looking pretty good).
hope this works out for you all.
good reply - so your view is that if CC does 10mm annualized by end of 2015 that will add 30mm of value? i think it will be good if they can do it but believe mr. market is implying a higher revenue stream at that point. that's what makes a market i guess. `10mm of sales probably gets CC to be worth 30mm as you say. that i don't disagree with. Let's say 40mm (4x run rate sales). let's give the bond interest another 10mm. that gets us to 50mm of value. they have 45mm of cash right now but they will burn 20mm in the next 4 quarters. so 25mm of net cash. total value is 75mm. right now mr. market is saying this is worth 120mm.
this is why i think mr. market is implying about 20mm of annualized sales by end of 2015. is it possible sure but that's the bet your making. (and we are assuming this company gets 4x sales which is a big assumption).
unfortunately for some of the holders who own this much higher it doesn't really matter. let's say they rock and can do 40mm a year in sales and get a 3x multiple on this by end of 2016. that's 120mm of value. between the cash burn and bond interest we might have 20mm of cash/bond income at that point. that's 140mm of value. 50mm or so of equity value - or around 55 cents per share.
and remember this is assuming that sales go up 12x over the next two years.
i'd rather find another micro cap that has that type of growth profile without the huge embedded revenue increase in it.
broken record, very nice quarter. you know - it's only a matter of time until they are doing 40 dollars a share in earnings a year. Probably 2016 if i had to guess (but hopefully earlier). think about that from our sub 160 dollar purchases - 4x earnings on our cost basis.
if they had bought back shares, wow. water under the bridge. the real thing we need is just a steady dividend. if they paid out 25% of earnings we all would be very happy.
looks like fivn is trading at roughly 3x ev/sales. right now NOVC is trading at what 25x ev/sales? granted we should take out bond income from EV so this will make the numbers look slightly better. assuming 10mm of bond income remaining we are still north of 20x ev/sales.
the longs here really need a ramp in sales fast. 2015 will be a very important year - i believe if they can get sales to 20mm a year the stock should do okay and not keep falling.
this pitsel guy is making stuff up. first he's short and now he's selling his long position.
i think the company is a good one and worth buying when valuations decline. i suspect a dstribution deal is coming soon probably within the next few months. however, valuation is high right now. 24x earnings is a bit of a stretch. at 17-18x it's a really good deal.
the ceo might be crazy in many people's mind but he's done a really good job for long term shareholders. hard to argue with his performance.
i hope for your sake it's much more than a double or even a triple. i would hope that something this small and this risky is able to provide at least a 15% annual rate of return. so in 20 years roughly this should be something on the order of 15-20 bagger (if my math is correct).
is the product ready now?
lance bought himself till middle of 2015 and we need to see results by then. frankly i would have liked to see 10mm of revenue this year but maybe we can get 10mm by next year. that's where mr. market is already at if not higher.
smaller sales should not take up to 12 months. and they have been at it for a while. if i was long i would be hoping for some strong revenue growth by the 4th quarter or 1st quarter at the latest.
but lance it appears just cut himself some more slack.
i know you don't care but you can make your point without bringing up ill spouses and bad investments.
unless your that bored with golfing all day that putting others down makes you happy. other than that you have really no reason to be here. you weren't short this before like the other "bashers".
I hope the company does well. Bashing doesn't do anything anyway.
They have been ramped up for a few quarters now. I would hope we se some revenues soon. Maybe we have to wait till 2015 for revenues.