SLW owns 17% of SLW and 15% of MGN. They know only one mine would get built so they hedged. I own SLW too
well it didn't sell off and was fairly steady for the day. I think that Roth conference takes on greater significance than it normally would. If they go out with the same old tired presentation, it could get ugly.
Interesting. The Chairman of the BOD of CAMP, Moyer, is also on the BOD of CLCT. I own and love CLCT. Did not know about this relationship.
don't mention CAMP to spanspur. He was bad mouthing it above $10 and sold at $14. Now over $30. He out the proceeds when he sold into this. Talk about two dumb moves...
Net cash used in operating activities:
Need for cash decreased 9X last year
Good idea. A 10% salary cut from the execs would literally add 1c-2c to yearly earnings.
The BOD should also except no more options. They F'd up
The execs have gotten to fat, comfy, and lazy!!! that is why I want an outsider for CEO
If you don't give forward guidance, no one will buy in ahead of a move. One qtr of profits won't do it either. It just seems absurd to me that a company that's been public for 15 years can't give guidance. How hoes Ned deserve $550K?
BTW - Notice that Ned will now be the object of my distaste going forward
I hope it removes the Avis rental screen. If it is essentially unchanged from last time, and Ehrman gives the same tired answers, I think I am out. Too many other opportunities out there
I don't understand your comment other than the last sentence that Jagid lied.
The units take 1 minute to install. Anyone can do it. They can be updated in the field wirelessly from a central station. Bandwidth is the same as wifi or cell bandwidth
It just sounds like we are back to ground zero with these guys piloting again. Really? 15 years after the first pilot we are piloting again? If I was Ehrman I would be embarrassed to make that statement. He should be enraged.
If they said they were exploring "strategic alternatives", the stock would be up today
going down the path of more of the same with no urgency is just stupid
1c loss vs 2c loss. So essentially they are at break even now. A $1M rise in core and they are generating serious cash.
If they have news of new wins, they should put it out on Monday
Give people the peace of mind that core is solid this qtr
it was not a question of "price and quantity" as he stated. It was technology. I think the BOD must claw back his pay and bonuses or risk class action lawsuits. His options should be cancelled. His restricted shares should also be cancelled. He should walk away with no stock other than what he paid for (which is zero)
over $100K in last 30 days. Don't know what happened but this will have a negative effect of 1c off GAAP EPS
Coin certs are trending higher than last year. Will have preliminary qtr numbers in 2 weeks.
so it boils down to this: Avis was willing to spend $500M+ on a solution that could never be deployed on more than 50K cars but is unwilling to spend $100M on a solution that could be installed on 300K cars and pays for itself in 1 year
I don't know who the technology guys are at Avis but that is obviously why they are technology guys at Avis; they couldn't hack it at a real technology company.