The future PE is more like 16 and not as you infer 35, which is very low for groth company. This is niche company. Hence maybe low interest, I think NUAN strenght it is it's patents, I hope, and future enhancements that is valuable. Regardless, Carl as not cut his losses and would think he did come hard thinking before committing so much money. We will know by the next conference call, as this will probably be the main topic.
This is an opportunity, will add tomorrow. My basis is sub 7pps and divy makes this a continued winner. All depends on how you play it, would not like it today if my basis was 10.50pps. As to the duffus HEHEHE, you don't belong in investing and don't think you could make it as a comic either.
You are better off taking shares in either account. Unless, you need the dividend income which then you get whacked with the 21% Spanish tax. Taxable you establish basis and pay tax on the reinvestment and then when you sell the shares only pay tax on the gain, verses, basis. IRA/401K all tax deferred until you withdraw, regardless you are going to pay tax on the divy and gain. Only real consideration is your tax rate in retirement. Also, what are your plans for your taxable holding? My holding is more for discresionary spending as my 401K is for retirement income. With that said I have SAN in both my 401K and Taxable account.
Don't know if it would help them buying NUAN, seems the market is getting to it's saturation point with phones and lower cost China phones taking share. May promt them to want to buy NUAN to reduce cost and increase revenue in other areas.
He has been trying to get it right for 20 years. Seems to me with all his experience, MEA should be best of bred stock. BTW most of his shares he didn't buy and my paltry portfolio is much larger then you think. Fortunately my previous MEA investment was less then one percent of my total holdings. I have earned my money, Carlos has earned his from the Shareholders. How does that make you feel.
With that said, Carlos does nothing except giving me thumbs down for my post. He has nothing else to do except watching this stock go down.
Well there you go, there was and still is desperate times and Carlos was buying Mom and Pop scrap yards for twice there value instead of conserving cash, paying down debt and trimming operating cost.
I will buy back in if and when market has correction and Carlos's company dips below 1pps. No need to chase a loser while the market continues it climb.
If it is a quality asset why sell it and be left with the garbage. It's like the guy that ran out of firewood, he started taking boards off his house to keep warm, but, in the end he had no house. I agree it can't get much lower then now, if you are trying to recover part or all of your loss, hope you can do it and get out. If I had not sold I would have recovered $700, but, I like my wounds and chaulk it off as a lesson.
Funny, in Carlos original announcement, he was to sell non-core and pay down debt, looking like a hero. Reality was he had not holders that wanst the hell out of this poorly run company.
Being mute is good, means company is on the block. What would be bad if potential buyers backed away. That is the gamble here, I am staying because my cost basis is much better then Carl's and I don't think with a 19.7% holding he is willing to walk away with a loss.