Not quite. Next Q is not looking good. Margin squeeze in the food industry thanks to drought and transport costs.
DEc may prove the best time to buy FWM as it starts to climb up.
The earnings are pathetic and no let up in the burn rate. Neither Aerosurf or Surfactin can make up these losses. Their business model is based on eternal hope.
Buyers say that Margins are very tight as the Drought conditions in the West have reduced supplies. In addition transport cost from South America are also up.
They may see an improvement in the winter mths.
The new Q.A virus which spreads like fire has again been detected. The FDA hopes to curtail the spread of this virus by shuttering both plants. Infected workers will have to be kept in quarantine and isolated if the virus is to be contained.
Not quite. The new drivers of the economy are Face Book, Twitter and Google. The consumption of daily bytes is growing exponentially and will soon overtake protein molecular intake. Even prisoners are demanding these products.
A few decades on you will see a separate human brain, kept alive by a Pig, interacting with the world thru FB.
Now that may appear to some as a Structural problem.
LQDT knows that a Rolling contrct can cause sudden pain. A fixed term Contract is more stable. Further due to the sudden increase of insurgencis in the world, the market price of spares has soared. In the Middle East a used Heli rotor goes for twice its original price.
Because of this DoD bids have increased and will continue to do so till we have a more stable world. LQDT is on the right track.!
Wishful estimates. The Co. is mired in debt. Interest rates are expected to rise in 2015. Steel surplus is trending up demand has dropped and old mills cannot be closed.
We have seen the high for 2014. The next leg is down.
More of the same & possibly bigger losses.. Dont forget the eternal flame of hope.!
New low for 2014 will not be a surprise.
Not quite. The Co's annual n earnings are closer to $1.60. The Co. has over $3.0 bn debt. It has lost $125m in Hedging a routine .! No one knows what the Cotango is for the pending contracts.
If any one was interested it would make a move when the stock is lower not higher. In any case $55 is overly optimistic.
They have consistently lost money on Hedging. Losing $125m (58c/sh) is shocking. Mgmt needs to control their gambling in light of the fact they have been overwhelimgly wrong for the past 3 years.
Good luck .Those earnings remain elusive because of debt and inability of Mgmt to take a large write down of assets for illiquid plants in Europe.
FDA Inspection deficiencies are not that easy to fix when they involve modifying the assembly line process. The FDA has pointed out that weighing of each ingredient & other stage inspections as was stipulated in the agreed MOU was not done.
Any Q.A person will tell you that either there was serious misunderstanding in the chain of command or else a flagrant disregard to proceed stage by stage with internal Q.A being rigorously documented to identify the stability and validity of the process.
The Attorneys should have a field day if they can get hold of the internal Q A documents and rightly so. This is the 3rd time .