The trend is slowing also they said in the conference call things might improve in 3rd and 4th quarters at least for total sales.
However look at expenses, Selling, Cost of Service, General & Adminin combined
Thus total profit is rising and digital sales loss is slowing from 2.6MM loss from 4.6MM in the previous quarter.
There might have been 24% digital growth Q over Q. Sales dropped 29.6% from X. However dropped 22.1% from 12.4*X, doing the math I get 24% Q over Q growth.
digital sales may have increased on a Q by Q basis. Not sure the previous Q they are -29.6%. This quarter they were -22.1%. That is a 7.5% improvement. However, a year ago digital might have grown 12.4%. Thus if you are down -22.1%, there might have been digital growth. There probably is enough info to figure it out, but it is 1 am and I am 51 years old.
Seems EBITDA and FCF were up. Seems the depreciation expense is dropping which might actually be good as earnings could soon turn positive. I like this new CEO a lot. Only really worry about debt coming due.
Sentiment: Strong Buy
If PCP is not worth more, then why is Buffett buying it? It is amazing so few challenge the pain the bullies like Buffett cause. Look at the HNZ deal he forced the small shareholders to sell to him without their permission and then reipoed the same stock doing nothing to it making billions. Billions that should have went to the small shareholder, you. Owners of PCP should ask Buffett to sell his shares, or offer $700. Don't be played as a sucker.
Buffett made his money by charging excessive fees, buying stocks at discount since small investors have to pay higher taxes, and in this case taking shares out of the small investors accounts forcing them to accept a joke of a buyout price. Fortunately I don't own this stock, but the price of the stock is minimum a small amount of shareholders will sell at. Most shareholders would not except $400. His buddy clueless Obama sits there and reads prompter like he is suppose to, reading Buffetts script. Only losers would accept deal.
I bought 500 shares at $21. This stock is going to $200 and there is nothing you Buffett lovers can do about it.
I actually went shopping this week. I went to Sears and bought a nice shirt for $7.99. At Macys the pants were like $40.00 and I liked the $20 pants at Target better. Macy's might be next retailer in trouble as JCP and Sears rebound.
75 Million shares at $21 is over $1.5B valuation
Capacity 360MW after removal of tax equity partners
= 4.8 watts per share
FSLR can install for $1 per watt. Price can go to $5.
spinoff every department int separte companies. Thus, electronics will be separate company. shde Mens Clothing shdm Womens Clothing shdw Tools shdt. Also divide them by state or region Thus you got Sears California Mens department. Sears Florida Food and Beverage (after electronics fails). Takes your biggest winners and make them CEO. Thus 100 new spinoffs.
What about the money the got from selling stores? Cash burn is about $1 billion a year.
Yes I hate shop your way. It would be better to divded the store into separate companies, spin the off and start offering food and restaurants. The TV electronics department should be a food department.
It would be a $200 stock!
Sometimes I wonder if the rate is not the fee market rate. If the rate was too low people would take their money out of the banks. The banks charge zero percent interest because people deposit at 0% interest.
Whos is going to pay for your free lunch. Interest rates should not be determined by anyone but the market. Millions of seniors are be forced out of their homes due to low rate policy. The rich guy can buy a house or car with their money.
If you invest in an index fund, you are saying the pay of CEOs is efficient. You need to invest in a fund that cuts CEO pay - are you lazy. Krugman and Reich believe it is ok to take money out of the poor and elderlies wallet and bank accounts to fund their bloated salaries and property tax free schools and tax free endowment funds. To give Lew a $800K zero interest loan and not have to pay it back because house prices dropped.
I hate crooks. QE is worse than Cyprus going into your bank account and taking it. He takes money out of the poor and old peoples banks accounts to fund his silly schools. He also believes it is right to take your money so Robert Recih can get a $250K a year salary for teaching one class. They to do not support eliminating dividend and capital gains taxes. Krugman is a national embarrassment.