It appears that the Venezuela situation has improved , and product could commence shipping soon. This is an important development, because Venezuela represents FSYS's second largest South American customer next to Argentina.
these guys could stumble on a warehouse full of pallets with gold bars strapped to them, and they'd still manage to lose money. I don't think they like paying income taxes, and the best way to avoid income taxes is not earning any money
FSYS is the most logical target,as its enterprise value is tiny compared to the others. WPRT's enterprise value is 8 times higher than FSYS's, while CLNE's is a staggering 13 times higher.
In the third quarter, LUB's combo units averaged $92,000 of weekly sales, producing a 21.3% unit profit margin. That is not too shabby in my book. Compare that against the typical Lubys store selling $51,000 per week and Fuddruckers at $32,000 per week. The combo stores outperform by more than 10%. The combo unit (the only one able to be calculated into same store sales) saw robust 2.2% same store sales growth.
make that eight days in a row. Obviously we are gaining traction due to escalating oil prices.
They need to put Fuddruckers up for sale. They could darn near garner $100 million from that bad boy, nearly the total value of Luby's entire current market cap. Remember, they bought the brand four years ago out of bankruptcy for a cool $65 million.
Not seeing too many positive catalysts on the horizon, except a few: (1) an open market share purchase by the Pappas brothers (2) an upgrade by Sidoti .
Item #1 is way more probable, than item #2