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
didn't listen to call because what they say is always a lie or just wrong, but the numbers were meh. No growth, cash burn. If they are holding out selling and the deals fall through, they are screwed
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.
none of my databases was ever hacked and they had valuable info on them. I've worked for banks, brokerages, defense, all would be targets
actually it was lawn cutting, snow shoveling, and paper routes at age 12. I could make $100/day shoveling snow as a kid in the 70's. That's like making maybe $400 today. According to Social Security, my first job was at 16 and I have 36 years of payment history, 30 at the max. SS only counts 35 years so my SS check would only go up a few dollars/month if I continue working. In fact, if I work 5 more years at the max SS cap, my check goes up like $100/month. Big whoop. The candidates should do something about that. Why discourage work? If you only work 10 years you get SS for life, but you only get credit for 35 years max when some folks work 45+ years.
I have a BS and MS in Computer Science and worked in the technology arena for my "working" career. If you don't think you can make money in that field, you need to do a little research. dbtunr = database tuner. Every company has databases. I specialized in their optimal operation. Companies pay big bucks for that.
FYI - I have owned CDTI and sold, making a few thousand on my trades. Last time I sold was just above $3 during the P&D. I advised everyone to sell that day, even billy.
I am negative on the entire sector and have sold all my holdings in the sector. Huge discounting is occurring in order to win deals. Deals are being done at a loss. I don't get it. The "deal in Q1 to Q2" is an old trick. Even with that, growth is lack luster and margins stink. These guys started a price war that everyone will lose and that is why they never show the deal terms in the PRs
unusually long wait times reported in the PSA card thread. some over 100 days. The March qtr saw a record number of card certs so it looks like this quarter is strong as well.
PCGS is humming along with their wait times at acceptable levels despite record submission rates.
you are missing the whole point of the email server. a private server is fine. The issue is she told her people to send her classified info to her unclassified server.They said no. She said remove the classified markings. They did. Removing markings does not declassify the email. It's like not sending a cover sheet on a fax that says secret but still sending the secret info.
Notice when asked about this she said so had no emails with classified markings. The Clintons are so good at word smithing.
Not only should she go to jail for asking for classified info, but her people who sent her the info will also do serious jail time. They should have self reported when she asked them to do illegal stuff