I have not had opportunity yet to listen to call but was quite pleased with results---
Dividend should be covered this year and I am hopeful for $1.60 dividend next year
($.40 quarterly)----Will be suggesting to CEO that they transition to monthly
distributions---Would reduce to some degree volatility IMHO--
I do feel that Barry and the NEWT team are doing an excellent job.
I have spent a lot of time on this----Tricky stock....Tricky market
Have been doing this a long time 50 years+ (there are many that will say too long!...Ouch!)
In any event we should know much more at the end of the day-and more tomorrow.
It is a good idea to read the 10k at least once--tedious and complicated but it is best to
at least be aware of the litany of risk factors contained in the 10K.
Stock closed May 2nd at $12.37. First quarter results and conference call later this week
should be interesting ---we should have a better idea concerning full year outlook---
Assuming over the next 12 months the company pays out dividend of $1.50, and assuming
the price reaches even current NAV of $14.06 one year from now--this scenario would
result in a 25%+ rate of return (combining $1.50 dividend with $1.69 appreciation) -------
Further, IMHO there is a decent chance that NAV can increase from current $14.06 by at least $.50 over next year---- Hopefully as company gets better known and understood by institutional investors share
price will at least trade around NAV perhaps at a premium?
One thing that would help in my opinion in terms of reducing volatility would be to go to a
monthly dividend format from current quarterly--
Still, plenty of risks ---see SEC filings---
OK US Govt. direct involvement may not be the answer---Could be a slippery slope--
but the last paragraph still stands!
Not refrring to posters on this board but among govt. FDA Big Pharma etc.
There is a lot of tsk tsking going on----yeh too bad about those kids!---then
a short time later "Who's gonna win the game tonite?"--or something like that--
In my opinion what is needed is a crash program combining Govt. Big Pharma and
one or two foundations to get this drug to families with boys afflicted with Duchenne
Muscular Dystrophy by no later than the end of this year!---
We had the Manhatten Project
We won World War II-
We put a man on the moon
It can be done---people working together --round the clock to complete the mission--
This is a country with houselhold assets over $80 Trillion---
US Government has $4 Trillion Budget
Big Pharma generating Billions of free cash flow monthly---Gilead alone
generating over $1 Billion a month free cash flow
Gates Foundation more than $50 Billion
Enough money certainly---
US Government buys out Sarepta for $50,00 share---(Approximately $750,000,000---
A group of very smart people some from Sarepta some from big Pharma,
somebody super smart to organize the whole thing -----Articulate the mission
and as Nike says---"Just Do IT!"---no more "messin" around---
For our governemt and leaders in Big Pharma to deprive these kids and families of HOPE
is NOT AN OPTION!--
FAILURE TO DO THE RIGHT THING ON THIS IS NOT AN OPTION!
This is the title of yesterday's Wall Street Journal Editorial --Worth reading IMHO
Just Google "The FDA vs. Austin Leclaire"---the comments following the articlere
My understanding---Market Makers have virtually disappeared---Not
understood by many---read "Flash Boys" by Michael Lewis----or
Google up the subject--pretty fascinating how computers are
running the show so to speak---
The Magic Bank Account Challenge
Imagine that you had won the following prize in a contest: Each morning your bank would deposit $86,400 in your private account for your personal use. However, this prize has rules. The set of rules are as follow:
Everything that you don’t spend each day will be taken away from you.
You may not simply transfer money into some other account.
You may only spend it.
Each morning, upon awakening, the bank opens your account with another $86,400 for the new day.
The bank can end the game without warning; at any time it can say,“Game Over!” It can close the account and you will not receive a new one.
What would you personally do with your prize? You would buy anything and everything you wanted right? Not only for yourself, but for all the people you love and care for. Even for people you don’t know, because you couldn’t possibly spend it all on yourself, right? You would try to spend every penny, and use it all, because you knew money would be replenished in the morning, right?
Actually, this game is real. Shocked? Yes! Each of us is already a winner of a much more valuable prize. We just don’t seem to realize it.
The prize is time. Each morning we awaken to receive 86,400 seconds as a gift of life and when we go to sleep at night, any remaining time is NOT credited to us. What we haven’t used up that day is forever lost. Yesterday is forever gone. Each morning the account is refilled, but the bank can dissolve your account at any time without warning.
So, what will you do with your 86,400 seconds today? Those seconds are worth much, much more than the same amount in dollars. Think about it and remember to enjoy every second of your life, because time races by so much quicker than you think.
So take care of yourself, be happy, love deeply and enjoy life! Here’s wishing you a wonderful and beautiful day. Start “spending” your valuable prize
Continue to feel that it would be best IMHO for Sync Management to find strategic buyer for our company--
Still think $3.00+/- could be realized on a sale---