This would be horrible news. They can pay the debt, the problem is the debt is going to be due in about a year and a 1/2. We don't need any dopey bond-holders owning equity.
This would actually be good news if they can extend the term of these loans or lower the interest payment.
Why this company produces more cash than many companies that get debt at 5% interest. Have they even tried to look for debt?
This company has tons of cash (146MM) and it has tons of free cash flow (200MM). It has been paying extra debt every quarter. There is no reason to miss a payment. They should be going around looking for cheaper debt to buy out the overpriced debt they pay, someone would buy out all the debt at 8% I would think.
Walsh raise might have something to do with McKuskers wage too.
I did without depreciation it is profitable. Without interest payment it is very profitable.
Probably true, he probably complained that he is only going to get $150K a year before it goes bankrupt so he said give me more or I walk.
He doesn't get the 750K if the stock goes chapter 11. We could ask him to put 150K of the 750K, or 20% into DXM stock at the next shareholders meeting.
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.
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.