I see downgrades coming.
current quarter earnings estimates was cut to $0.37 from $0.40 per share at Jefferies, with 2015 earnings estimates lowered to $1.45 from $1.50 per share.
The firm maintained its "hold" rating and $21 price target on the stock.
thats was before the SpaceX rocket blew up though, no? Pushes out their launch for 1 year or more at the earliest, no?
I really think the price competition in the segment is killing everyone. ORBC started it with their WalMart win
I will be sending my correspondence from Liolios to Emancipation so they can see the pattern of lies coming from the company spokesman.
dude - there is NO growth. A few of their segments saw DECLINES!!!! And this is after spending hundreds of millions on new businesses in the last year. What would revenue have been without that?
Stop buying companies with declining sales. Sell off the underperforming segments and invest in the performing segments. Stop buying stock in a company that keeps declining. IF they can't figure out what to do with the cash then distribute to shareholders.
Obviously, they tried talking to Ehrman and BOD. Ehrman believes he is right even though all the facts point to his being miserably wrong. A pipeline doesn't pay the bills. If Ehrman winds up being wrong, he will put the company out of business. That's over 100 people out of work
they only beat this quarter because of $160M in hedge profits. Is this a brokerage house or a business? They missed big time taking that out.
previously was filed as 13G, passive investment
So these guys are targeting Norm's SaaS strategy. Norm might be fired here in short order.
Now hold 9.7%, 1.27M shares. Bought more in June
The Reporting Persons acquired their shares for investment in the ordinary course of business. However, the Reporting Persons are filing this report on Schedule 13D as they expect to more actively engage the Board of Directors and management of the Issuer regarding their strategy. The Reporting Persons also expect to be speaking with other shareholders from time to time. It is the belief of the Reporting Persons that the Issuer needs to focus on generating positive cash flow in the near term. While the Reporting Persons generally agree with the Issuer’s new strategy, any delay to achieving positive and growing cash flow would cause the Reporting Persons to urge the Issuer to seek strategic alternatives. The Reporting Persons believe that the Issuer has excellent products serving a large and growing market, but execution challenges have impeded growth.
In the ordinary course of their investment business, from time to time, representatives of the Reporting Persons engage in discussions with the management and boards of companies in which they have invested concerning the business and operations of such companies and potential approaches to maximizing shareholder value. The Reporting Persons intend to continue to seek to engage in such discussions with the Issuer and may do so with other holders of the Issuer's securities and/or other third parties as well.
I disagree. The US company has all the lawsuit stuff behind it. The international company is where the US company was 30 years ago. Anti-smoking backlash is now happening overseas. I have no desire to own PM.
I would rather see MO buy another alcohol company