the joke is on us the lubys stockholder!!! If your a long stockholder it's been brutal. No volume, no increased stock price, no profits!!!
In 2016 if you had to guess what major contracts do you think they sign and in what areas? Assume they strike some recycling contracts late 16 and into 17 what kind of market in terms of revenue and margin are we looking at this. Is this segment a nice compliment or a game changer?
Martik -- elapso is right you can only fluff for so long. They need a solid revenue generating contract that lays it all out there for us shareholders. HPJ is like a tease when your on a date. You think your going to get lucky but at the end of the night your driving home alone. With all the prospects out there it's time to get passed the smoke and mirrors.
Mark I do agree with you on the portable ess and possible contracts coming in the near future but I wonder how much revenue is that is going to bring. My take on the cc was that the company main focus is on their recycling business and they are not in position to win a price war with other companies with other battery companies right now. What type of additional yearly revenue will recycling bring once that goes on line with the car/bus manufacturers in the coming years. What type of margins are we looking at? Also I'd like to know how close they might be to signing some contracts with the drone manufacturers as well. Henry made a quick comment but there wasn't enough detail in that area? My opinion is that they make things sound much bigger and better than things really are. For example Samsung, it's only their medical products there in talks with not the entire product chain. I won't add any more until they sign a contract which translates into substanial revenue going forward. My bets have already been placed on the come.
I been hoping this will dip for a buy back but even with oil down and the market getting clipped egy has been holding its own. I thought we would have had a pull back to at least to the 1.70's but hasn't happened. Any thoughts? cuttle -- when do you plan to re-enter stock?
I too sold all of my shares happy and I hope it drops but something tells me if we get a drop it will be short lived. The stock has been acting quite strong as of late. They are in a better position going forward. I think the bad is out and with group 42 stirring things up I think we can hold strong while brent is down. The question is how long before we get a 20-30% upward move from current levels on oil? I hope we get a 10% drop in the morning if so I will likely add at the open.
I have eaten at that location it is old as dirt. It still has the rolling green chairs!!!!!
My guess is that one has been grandfathered in somehow. Either way we aren't missing much.
It's always a dud my friend. I am not sure why everyone is so excited with the report. i didn't read anything other than they are selling their properties to buy down debt too bad their operations can't provide them a few dollars. the fact is we will all be dead before they make any real money.
I won't sell now, there is no reason to sell. The Assets give the stock a floor and the same reason I purchased the stock. However I am in in the 6's and I don't really see the point of averaging down. For the stock to move we need several quarters of positive comps and earnings and not sure we are going to get that or second a buyout or lease back and who knows when or if that will happen. Hindsight is 20-20 but I think the capital would have been better off long term in Energy with some of the beaten down names.
Perhaps but the bottom line is despite the CEO purchasing shares and the underlying real estate the stock price does nothing. If there were tremendous value in the business you would see more action in the stock price. The only reason this stock has not declined further is the land. Lubys and Fudds have no growth and I am disappointed that I invested any dollars in the company.
I saw today that 40% of smashburger was acquired for 100 Million. That means Smash roughly worth 250 Million with 339 stores. One would argue that Smashburger has much more growth potential than Fudd's will ever have. With this comparison how much might Fudd's be worth. They paid 64 million or so for it several years back.