Beefstu's first post here was on Jun 4, as far as I can tell, which was right after we had gotten some good acquisition news from Wenner on the company. Beefstu warned us all that the "stock is breaking down badly". Spoken like a true wishful shortie. Unfortunately for Beefstu, his sky is falling warning pretty much exactly marked the bottom because the stock went on to shoot up about 28% over the next month and later topped out around +30% over the next 4 months or so.
You should know who you are trying to converse with. Check out his past posts. They are all contentious and name calling and devoid of any attempts to exchange civil and educational information with people. You might as well be attempting to pet a scorpion, but good luck. If any of these boards were moderated, he would have gotten banned long ago. He was fairly well behaved here on this board until just recently, although he did not make any attempts to converse about the stock's fundamentals or add anything of substance to any conversations.
And GMs were only up 12%. Now apparently F is taking market share in Europe and there has been no such claim for GM, yet GM stock is up more than F today. I'm getting tired of good news for F being treated as good news for GM, when it clearly isn't.
What the F is going on here? Manipulation by hedgies doing a long GM, short F trade? Sooner or later the truth has to win out.
Pfft on Cramer. He also said "No no we don't want F we want GM. The only reason we liked F was because of Al Mulally and Mulally's leaving for Microsoft"
Since then, has he reversed his opinion? I don't know because I've gotten so disgusted with him only pumping what he holds in his charitable trust that I don't expose myself to him anymore.
Ford gobbles up more market share in Europe • 8:00 AM
Ford (F) says it increased sales in the top 20 European markets by 9.2% in January to 80,800 units.
The automaker's pace of sale is close to double that of the overall market.
Germany was a highlight for Ford in January with sales up 38% Y/Y.
F +0.4% premarket
@beefstu - From my Oct, 30 post on this board:
"Just as a full disclosure, so you don't accuse me of being a pumper, I liquidated my position at $36.19 but I haven't held the stock as long as you and my cost basis was much much higher."
Just don't like being called a liar by an annoying chest thumper.
Haven't learned a darn thing from you yet, but there's always a chance you could surprise and come up with something of actual substance. Roulette wheel predictions don't interest me, unless you have something to back it up with. Anybody looking at the long term volatile chart of BGS could have made the prediction you made. I myself sold at 36.19 and have held off on my re-entry so far.
Good come back LOL. Remember the "volatility" that I spoke of. If your prediction comes true and there is not some fundamental calamity that befalls their growth picture, then that would be one of those strategic levels I spoke of.
$26.40 would represent a 5% yield, I believe.
Until today on a 2 yr chart, this stock has outperformed the S&P 500, albeit with much volatility, but for most of that time it has been way outperforming. What is there about that you don't understand? This is the kind of stock you want to dollar cost average in on, at strategic levels.
Doesn't CAB firearms sales lump together handguns, long guns and ammunition? If the gubmt has been hoarding all the ammunition, with the latest big purchase being made by the USPS (wt_ ???), then the shortage could have hurt their comps pretty badly.
Are they preparing for civil unrest?
They will have to be quick then, unless the highly motivated naked shorts manage to smack it down. This tells me to add more shares without a doubt on any more large BS dips that they treat this stock to.
Since the 2013 FY EBITDA Guidance was $187M to $191M and they only came in at $184M, I have to question at least to some small extent whether or not we can count on them meeting or beating their current FY 2014 EBITDA Guidance. This company's picture is getting increasingly complex as they continue to add brands with different mixes of high growth and rework projects with respect to growth.
The Company’s adjusted net income for fiscal 2013, which excludes the after tax impact of loss on extinguishment of debt and acquisition-related transaction costs, was $76.3 million, and adjusted diluted earnings per share was $1.43. The Company’s adjusted net income for fiscal 2012, which excludes the after tax impact of loss on extinguishment of debt and acquisition-related transaction costs, was $66.7 million, and adjusted diluted earnings per share was $1.35.
Adjusted EBITDA, which excludes acquisition-related transaction costs, increased 8.9% to $184.0 million in fiscal 2013 from $169.0 million for fiscal 2012.
So, depending upon whether you go with adj EBITDA or adj EPS, you have a ttm growth of +8.9% or +5.9%. Not too bad. What is the corresponding figure for the overall avg. of the S&P 500? Of course it would be better to include P/E ratio in addition to ttm perc gain perf and determine whether a downward correction is still in store for the stock or not. A little bit too much work for me at the moment, especially since I sold almost 4 mos. ago.
Despite industry wide volume weakness, our base business remained relatively stable, with net sales declining less than one percent for the year, while acquisitions brought overall net sales growth for the year to a 14.4% increase.
For the fourth quarter of 2013, adjusted EBITDA, which excludes the impact of acquisition-related transaction costs, increased 13.7% to $50.0 million from $44.0 million for the fourth quarter of 2012.
Adj EPS of 0.39 vs 0.32 a yr ago = +21.9% growth.
Does the stock deserve to be underperforming the S&P 500 by some 23 percentage points on a ttm basis?
It has been the MO of bad, broken clock analysts like Scott Hamann to harp on the negative short term comp without seeing the greater picture and you sort of fell into the trap of echoing his sentiments. I'm sure many of us here have become impatient over this "can't see the forest for the trees" analysis. If you weren't deliberately being disingenuously negative then I apologize and it's true that everyone has to have a very first post.
You just created this ID to post this because this is your very first post. Where you went wrong is in only comparing to the outlier tidal wave surge data from a yr ago and ignoring the previous years data. 2 yr growth rates are extremely bullish when annualized. The surge demand pulled some demand from the near term future too so you neglected that as well. You failed to put forth a decent analysis.
About 10% growth on an annualized basis. Considering some demand was pulled from the future back in Nov thru Mar of a year ago, the actual demand growth is probably greater.
Where's our old "gun bubble gone pop" friend now?
yahoo doesn't allow posting links. The headline of the post was my own commentary. Just copy and paste into search engine of your choice:
Why I Cannot Support Concealed Carry Weapons Permits (And Why You Shouldn’t Either!)