Normally shareholders get nothing! If you look at RSH, they had a lot of equity in real estate. The CEO borrowed more until the book value went to zero, chap 11, shareholders get nothing. It is amazing he was able to keep it opened this century and allow poor people to save. Read the reports they might turn it around.
Although I hate PK, he is right here. Unlike a individual debt, a national debt forces one administration to pay for the sins of the previous. Basically it is collective debt. Theliberals spend it on their fat salaries, and the conservatives are expected to pay for it. The United States defaults on its debt everyday my money printing.
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.
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.
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
I bought 500 shares at $21. This stock is going to $200 and there is nothing you Buffett lovers can do about it.
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.
You can only buy back debt when you have the money to buy back debt. If you listen to the conference call they said they would buy back debt at times. However, if you listen to the tone of the call is they are going all-in on sales.
Seems musk want to build a space network. While Verizon dumped its wired network to Frontier. You can get 2.5 gigs of 4g lte for $35 a month. Seems writing is on the wall. However, 10 years it might take for it to fall apart and you might come out ahead.
If the ex-date will be July 1--the date after the divvy is paid on June 30. Don't you have to be the shareholder of record. Thus the true ex-dividend date is June 28th? Thus you are Shareholder of record on June 30th?
So if you buy the stock on the 29th of June, you don't settle until July 2nd. Thus the old owner gets the dividend since he technically was the owner on the ex-dividend date?
AXS Like RNR they love to buyback shares. AXS revenue per share is up 50% in 5 years. THOR is some company in Italy that owns Fiat. Dividend goes up every year too. Just a small american shareholder.
oops EXOR not THOR. Note AXS is still massively undervalued. EXOR has already had its run and is uninvestible. Buy more AXS will windfall.
Exor was 12 in 2000, Exor was 2 in 2009, and Exor is 44 today with p/e of 30. Do you really want to support such a volatile stock. PRE goes up just about 10% a year and is conservatively managed. It is a money machine price should double every 7 years. AXS is the same. EXOr is a bet. Exor pays a less than 1% dividend.
AXS is really a no brainer.
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.
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.