using the 21st of Sept #'s as the cutoff (due to processing delay), I get 504K coins and 420K cards for this current qtr. Cards have been working 7 days/week recently to meet their numbers and move down their excessively long backlog.
That translates to over $13.9M in revenue, add in a little extra for non-card or coin revenue (Expo's, CCE network, digital properties, etc) and I get over $14.8M on revenue.
figure 22c in GAAP earnings and $200K+ in cash added. Q1 warranty costs are down but they typically have capital expenses in this quarter. Hard to predict Tax rate is it varies wildly. Hopefully China losses will narrow. HOF coins and the Kennedy coins were wildly popular and will add to avg ticket price. The card division has its annual big show during this quarter. Card division also did not run its low cost promos this quarter which will add to card avg ticket price.
Last year $14.1M, 20c GAAP, 447K coins and 431K cards, cash BURN of $1.2M. China started up last year in July and that was a big reason for the burn as well as cap ex. Even if cash flow this quarter is break even, that is a huge turn from last years big burn.
I think my estimates have been consistently under estimating their performance.
Their compensation is egregious based on the share price performance. They should all resign and have their compensation clawed back. Stop the insane buyback and increase the dividend!!!! Buybacks only line the pockets of insiders who are selling their free shares.
the best "contra indicator" of the bunch is beefstooge. He literally will say something stupid at the absolute bottom. 2 years ago at $10 he was short and said the company was going to declare BK.
actually, they need $17.50 silver and $2.50 copper to be profitable. So they are marginally profitable. This is the perfect spot to invest as any rise in metal prices will dramatically improve profit margins. They will not be selling any concentrate for months and months
you sound like an easily agitated hick. Maybe you shot that guy in an attempt to pin it on MGN.
Isn't there a soup kitchen you should be at?
it depends what he redeployed his capital to. If he took the money from here and put it somewhere with a better return, why would he care?
comments like the one you just made really solidify my theory that you are a 100 share 22 yr old investor.
Even you have to admit that $1.5B buyback over 2 years is meager. 68M shares? They will still have well over 1.2B shares two years from now. With options, they could even have more shares in 2 years than exist now.
I don't think anyone was responsible for the rockfall. There was 12'' of rain in a short time which caused instability. Then there was a minor 2.x earthquake that shook everything loose.
The new adit is concrete and steel reinforced. The old one was done on the cheap 30 years ago by Noranda.
42K+ after hours at just over $22. Another fund is buying in. CLCT up 12% for the quarter and a fund wants to show it on its ledger at quarter end
a 15K and 16K block at the close. Someone wanted in before end of quarter
Troy Mine Resumes Work, Aiming for Full Production by 2015
Miners dumped the first ore into the underground crusher on Sept. 30
BY JUSTIN FRANZ // OCT 1, 2014 // LATEST HEADLINES, NEWS & FEATURES
Miners underground at the Troy Mine. Photo courtesy of Revett Mining Inc. HIDE CAPTION
For the first time in nearly two years, miners at the Troy Mine are actually pulling copper and silver ore from the tunnels in Lincoln County.
Earlier this week, the first ore since 2012 was processed in the underground crusher at the Lincoln County mine and President and CEO John Shanahan said milling operations would begin next month.
Shanahan said the mine would resume full production by the middle of 2015.
“We remain very pleased with all aspects of our development efforts at Troy,” he said. “Our crews are to be congratulated for maintaining the highest levels of workplace safety while completing the first phase of development at Troy on schedule and within budget.”
In late 2012, a series of underground rockslides closed the Troy Mine and since then the Revett Mining Company has been busy building new tunnels to underground areas called the I and C Beds. Earlier this fall, miners found mineralized ore in the North C Bed and began trucking it underground to the crusher on Sept. 30. From there, the crusher moves the ore more than a mile to the surface where it is milled and processed into concentrate.
Shanahan said the company would crush and store about 25,000 tons of ore before it will begin milling operations next month. At that point, it will be able to start shipping concentrate again.
About 65 people are currently working underground right now and Shanahan expects there to be about 100 people back on the job by the end of the year. When the mine resumes full production next year it will employ about 175 people.
There are currently four crews working on two shifts, seven days a week. While one crew works on mining and crushing ore, another crew is continuing to focus on d
what are you buying at $20? Without audited financials you are gambling it is a good valuation. The debts of the company exceed the market cap. Audited financials may show the company to be insolvent
short interest down to "only" 570K shares, lowest in almost 1 year. I think the last earnings report was the catalyst. The prospect of a good Q1 is also making them cover
the second best contra indicator is little billyteex1. Guy literally pans good companies and touts terrible companies. I think little billy and the stooge are long lost brothers
I travelled to Seattle not long ago for 5 days. Avis and Hertz wanted $800+ for an economy car. Enterprise wanted $220. Guess who I went with