but the stock is 50c. That backs up my thesis more than yours. If the stock was $2, I would say your thesis had merit
at 50c/sh, you should consider all possibilities. Just because you threw your money away on this, don't get testy
assumes a linear burn rate. What if sales have collapsed? What if DuraFit filters are not selling and are being returned? What if honda decides to pull the plug earlier than planned?
BK will not happen in 2016? How can you say that? it would not surprise me if they announce BK after trading today. Seriously, it could happen at any time
Repub Pres, Senate, House. He can pass his business reform measures. Everyone knows our corporate tax rates are too high and push companies out of the country. At 15%, maybe even Apple repatriates some money as do many other companies
exactly, they have a history of waiting till the last minute because the news is always bad.
look guys, they are basically BK. They probably have less than $1M in cash left. A creditor could force them into BK at any time. I don't know what you guys see here but this company is over
that's right, you heard it here first. He is talking about a 15% corporate tax rate. 20% lower than now. Earnings would have been 43c instead of 33c. A "questionable" dividend becomes over funded. Maybe they increase it to $1.80. Do the math.
stooge, of course, will just drool on himself
records all around. double digit growth even against prior record months. Highest GAAP EPS of all time.
This quarter has started out strong as well. Still no slowdown evident. If you have em, keep em and collect the dividend. If you don't own them, hope for a pullback and buy some
agreed. not sure why they didn't generate cash but the AR was up almost $2M and prepaid was also up so it should flow through to cash in this quarter
815K coins, I said figure on 800K (off by 2%)
437 cards, I said 450K (off by 3%)
my revenue guess of $17.5M was within 1% of the $17.3M
my GAAP EPS of 30c-40c was right in line with the 33c
actual $17.3M in revenue, EPS of 33c
gross margin was a robust 64% despite all the volume
modern coin revenue up 44%
oversees revenue more than doubled and is now 8% of total
tax rate of 38% (Trump will lower that)
only negative is they did not add cash, AR was up and prepaids was up. Shareholders equity was up $1.8M so eventually that will flow through to cash
Stock should head to $20 on this news
Ian is an idiot and should be sued for everything he is worth. This stock is a scam and no one should own more than $1K worth. Yes, seriously
Collectors Universe has again declared a high dividend of $0.35 per share. Although the payout ratio is fairly high at the moment, I believe this to be of temporary nature. The company has managed to increase earnings and cash flows over time, and there is more than enough room to stay on this steady growth path. In the mean time, the nature of the business leaves a lot of cash flows on the bottom line. With low reinvestments and a lack of M&A, I would rather have it paid as dividends than to keep it on (an already healthy) balance sheet. Even if the company would face adversity and were unable to grow cash flows for a while, the current reserves are more than big enough to provide a margin of safety. Looking at the (daily updated) count of certifications on the website, such adversity is not to be expected anytime soon. I would therefore consider Collective Universe a buy, especially below $20.