Quiksilver Inc. Message Board
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Agree with other posts. Terrible quarter, and mgt giving themselves raises. Looks like they paid down debt a little....this is the only positive I see. They need to eliminate all the debt with #$%$ performance like this to reduce risk of banks calling loans if the economy turns uglier. Shame to see such a great product, an such poor performace.
Beavis -
Read somewhere that Peter Lynch was quoted as saying that in recent times a high p/e of 40 has lost its shock value. I think the same can be said about very low p/e ratios. I've seen many good retailers have their p/e driven below 5. Many of these stocks rebounded spectacularly. Think this is noteworthy when looking at Apple. The current p/e when you back out cash is looking attractive even if you account for a big earnings decrease, but you need to put yourself in a position to potentially average down in the future.
Beavis -
Btw, I really did not mean for my comments to be inflamatory in anyway. I never short stocks, and would be perfectly happy if yhoo price goes to 30 or 40 and u guys do well. IMHO, I just really disagree with the extreme decision of banning all work from home privileges...furthermore, sites like amazon have changed very little over the last decade for a reason...because they do not want to force change on users.
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Yep, I'm full of it and clueless, that's why I started DD in 2011 and bought at the low.
http://finance.yahoo.com/mbview/threadview/;_ylt=AnkXPzlYiMncy76YurmYRbHeAohG;_ylu=X3oDMTB2NmRtb3B2BHBvcwMyMwRzZWMDTWVkaWFNc2dCb2FyZHNYSFJVbHQ-;_ylg=X3oDMTBhYWM1a2sxBGxhbmcDZW4tVVM-;_ylv=3?&bn=2e5cc525-8c6f-3155-a7fd-1c520f0af756&tid=1312502092000-912d34e1-aa8f-32cc-9d2a-49bab154acb8 -
I bought at $11 and sold today. The reason I bought at 11 was because the company looked solid and grossly undervalued. There is tremendous value in keeping major design changes from happenning to the site. Familiarity, despite being boring, keeps users coming back. I didn't like the design changes they made. Next you get the work from home ban. I would suggest anyone who is for this look into a little principle called "loss aversion". I try to buy stocks in a company any idiot could run, but unfortunately, I think an idiot is now running YHOO. They would be better off with a robot that just bought back shares, and stayed out of the way.
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Will drop 25 to 30% on this earnings beat...just my hunch based on what I've seen...some epic manipulation going on here IMHO
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Your forward p/e calculation is off, should be 14.5, but I'm with you in general. My point is there is no reason for the stock to be down over 10% accept for short manipulation.
Beavis -
From an initial look I don't see any major or dramatic news...they basically reported in line( a few cents above ore below is meaningless), and the stock has already been dropped over 10% the last few days. What else can be expected from a stock that was manipulated down 20% to 30% on "news" that they asked the "Situation" not to wear their clothes.
Beavis -
Interesting, I guess this reduces the outstanding share count a bit.
Beavis -
on a 85 cent estimate is not a material event or reason to sell.
Beavis -
I hear you. Have held since the 90's myself.
Beavis -
P/E is around 20 when you back out the $6 per share in cash and legal fees. Gabelli was speculating eps of $3 in 2014 due to new deal. Those are some high expectations IMHO, but even a percentage of that would be pretty spectacular growth. Still only a few thousand shares volume per day.
Beavis -
Same or better growth here, but P/E is much less. Also, the AFCE smaller mkt cap gives much better growth prospects.
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Sandy news is not really important IMHO. Over 300k in new expenses due to the RSUs(free shares) that were awarded. This is their first issuance of restricted stock awards I think, and I've seen most other companies have issued a lot. There are currently 467k options outstanding and 50k RSUs, so the total share count I use is 5 million. As I have posted before, I don't think they will be able to buy these back easily. There is still $27 million in cash, and a potential of $5 million in cash if all options are exercised..so maybe they can buy a chunk of shares back with another dutch auction if share price doesn't spike in the near future. Otherwise, earnings and sales looked good to me, and the story is still intact IMHO.
Beavis -
http://shopping.yahoo.com/news/best-frozen-foods-for-a-super-bowl-party-222615190.html
Never seen these before. Some nice free advertising for sure.
Beavis -
Like your ideas including the name. I have owned rmcf for years but have not followed closely as of late. So, based on what I see, they are out of the yogurt game, right? I have also owned nathan's for a very long time and their branding program has exploded. They had tried to expand in years past via acquisitions with the likes of Miami Subs and Kenny Rogers Chicken, and results were not great. They eventually sold off those assets to focus on branded products, ect. They have a new packaging deal for 2014 that may explode earnings too. Can't underestimate what a good branded program can lead to if Rmcf is creative enough imho.
Beavis -
Pretty much sums it up. Will be difficult to continue to buy back shares as price rises. EPS is $1.6 when you back out legal, not 1.20.
Beavis -
Report was really good. Beat all expectations. CEO is doing h job. Let's see if we get some respect from Wall Street.
Beavis -
Gabelli has owned some position in Nathan's as long as I can remember...at least 10 years I think. I also think there was more to the whole SMG thing than the oridinary investor knew. It seems once the SMG uncertainty started to clear Gabelli started buying more. Maybe Nathan's management never imagined how valuable the packaged sales could be when they made the original SMG deal....and when they started to see the big $$ roll in, tried to back out of the deal which resulted in legal action. This is all speculation on the past, and not really relevant. The question now is how much money will roll in in 2014 with the new deal. I remember when the stock traded in the single digits and investors were hoping for a buyout in the teens. I'm glad that never happened, and I think Gabelli like myself is looking for a lot more exponential gain, and not just a quick pop from a buyout.
JMHO
Beavis -
Nathan's is the best hidden gem there is, and we've currently got the cleanest message board too. I think the stock will continue to run long term. Unfortunately, once the stock garners some more attention, I'm afraid the message board won't stay cool. Anyway, my compliments to the folks who have posted here over the past several years.
Beavis