Gross profit margin up 700 basis points, SG&A expenses down 300 bp's. Company earned $1.50 on the year equating to multiple of just 5.
I might be the village idiot, but I am certainly not smiling after the beating I have endured.
the company is now selling at a negative enterprise value---enterprise value is calculated at Market cap + debt-cash..................WPRT is getting FSYS for free
chris3210: you sure know how to kick a man when he's down. What can I say,,I was as wrong as you can get with this turkey. management wants the stock to go lower....maybe if it goes to 50 cents, they can offer 65 cents
It is quite apparent for anyone that possesses even a small bit of logic, that management is posturing to take this bad boy private. The cheaper it goes, the better it is for the them-their needed financing will be that much smaller. They will only have to come up with about $90 million to gain a 100% stake in the company. In a few years, they could bundle the company up in an IPO, and really hit a homerun! Nah, make that a grand slam.
There was a new Seeking Alpha Article this morning that theorizes that CLNE might become a white Knight and swoop up FSYS. It also relays the signal CLNE could also purchase WPRT, and all three would become one.
not a disaster. it just depends on how big the new contracts were. If they were substantial, it could really move the needle. These guys get a guaranteed profit on these contracts as they are all structured as cost +
Luby's added another 4 culinary service locations at year end. That brings its total to 27 separate sites. That should bode well for both the top and bottom lines.
I admit I have been horrible lately, so bad that I have seen my account lose 50% in the last 6 months alone..don't kick a man when he is down
I just noticed that somebody is showing 50,000 shares to buy at $3.60- for what's worth. If I sell . will you buy?
FSYS now has a market cap that equates to less than its cash on hand and long term investments. This is highly unusual. WPRT is getting paid $70 million to acquire FSYS. That's one hell of a deal for sure for WPRT and nothing short of theft to FSYS owners.
A drop to $3 is certainly in the cards. There is panic in this name and a tremendous amount of hate selling occurring as a result. it doesn't sound like a company that is close to being acquired , does it? management is content to see the shares crash, because it helps their stock buyback effort. They can buy more shares for the same expenditures. The problem is, they are prohibited form buying back shares in the open market until after they report their latest earnings