coin volumes of 457K vs 488K; down 6.5%
card volumes of 438K vs 418K; up 5%
coin and card combined volume flat yr-yr. Actually down 5K (which is exactly what I said)
revenue of $14.1M vs $13.5M up 5%
International had a slight increase but nothing worth mentioning.
I still don't get the dividend increase. They burned $1M of cash last quarter. Flat volumes but they increased prices and made a little more money. Kind of like the cigarette companies; declining volumes but higher prices and an aging/dieing client base
I have no share price prediction, but I am out and will stay out. January was flat to slightly down in volumes. a PE of 26 and growth of 5% does not add up. Coupled with declining volumes, I just can't be a buyer here.
A PE of 27 is fine if growth is 20%. A PE of 27 is really, really high if growth is 2%. A PE of 27 is egregious if revenue is down. I can see revenue of last years numbers +/- 2% as a 90% certainty
earnings on Wed will be flat. Can't see how flat growth gets rewarded. January was also flat.
Short interest has plummeted along with this big buyer is the reason the stock has done so well.
only one of those actually dealt with why satellite was better than cellular; coverage. No one disputes that but it comes with baggage:
reduced battery life
well this is 2015 and they are still testing. That rules out 2016 model year cars. If testing is completed this year, they can plan in 2016 to roll into EOM testing in 2017 which allows for 2018/2019 model year cars
They need to raise $20M or more based on that timeline and their burn rate.
this is why you are reviled billy. These absurd statements that a near BK company is all of a sudden going to sell a non-performing asset for 15X what is is worth. They are lucky if after closing costs and severance and clean up if they don't have a bill from dumping this junk
new presentation looks good. Need to monetize patents and other technology before this is diluted to nothing
Durafit inventory. Do they make them when you order them you dunce? They have to stock millions of dollars worth of filters that may or may not sell. That burns cash. You would think they would need an initial batch of $2M or $3M just to have stock on hand and stock at their reseller sites. Maybe even $4M worth
Then CARB retrofits have fallen off the cliff. They will probably do $2M less on that. So BOOM, they are down to maybe $2M in cash. Hence the stock selling off
the one mystery is why is this valued lower than MGN? Rock Creek has mineral samples, they have the crusher and equipment from Troy. MGN still has a higher market cap
one day left in month and coins are flat to lower than last year. Cards are up. Scratching my head at the divy increase. Lots of negative comments in the recent SA article on CLCT
PSA has 90%+ market share. The rest are a joke.
PCGS/NGC have 95% market share between them. Almost 50-50. PCGS may have a small market share lead. NGC tends toward more Modern stuff and lower priced stuff and foreign coins. PCGS more toward the higher value stuff and US coins.
I don't think SLW has put any more money in since their initial investment many years ago. I think they bought in at like $2.20 or something like that
first off, I made over $200K on CLCT, an investment you said was a terrible investment. They just ROSE their dividend, BTW
second, my investment in RVM pales in comparison to the profits in CLCT. I am down at most $10K this year in my entire portfolio which is just over $1M. It can fluctuate $30K or more on some days.
you on the other hand, have never posted any trades or commented on a single winning stock. You might be the worlds worst investor