well, Hertz has 25,000 of them now and will have 80,000 by year end. IDSY should have had a "cellular option " with their solution as well.
from their CC (note, Hertz installed 25,000 car share cars in ONE quarter. It's taken Avis 2 years and still no SOW #2). Apparently, Hertz does not view our technology as car sharing technology
Mark P. Frissora - Executive Chairman, Chief Executive Officer, Member of Executive Committee, Chairman of Hertz Corp and Chief Executive Officer of Hertz Corp
Thanks, Elyse. As I mentioned, I'd like to pick this up on Slide 29 again. As I mentioned before, the first quarter financial results came in better than expected. It was really a strong quarter across the board for us. The Dollar Thrifty integration synergies are tracking ahead of plan. We installed our car sharing technology in roughly 25,000 vehicles globally in the first quarter and we're continuing to rollout with a goal of having at least 80,000 telematic packages installed by year end. Our current install base gives us the largest car sharing fleet in the world now by a large margin. We also opened up both off-airport and equipment rental facilities over the past 3 months to address the higher volumes in those markets, and we saw what we hope is the beginning of growth in Europe.
They have not said when they announce yet, but it must be prior to 5/15 based on SEC deadlines. Usually it is a couple days before ex-dividend which is also 5/15
Based on the stats pages it looks like record revenue for the quarter with nice year-year growth. GAAP earnings should be any where between 25c-40c with cash flow a few cents higher than that. I guess a good guess is 32c with cash flow of 35c. Unexpected capex or costs from the new Chinese offices could impact that by a few cents lower.
If we somehow totally misread things and earnings are much lower (like under 20c), I'm out as that would foretell a dividend cut.
we could see that after earnings. Not a single person is expecting increased sales or profits. Add in some short covering.
that's 300,000 at $5.50 in last 2 days
That narrows it down to in order of holdings:
Dimensional Funds 584k
I'd have to put my money Artis or Diker. Both would fall under 5% and would need to file a 13G in the next 10 days if it is them.
Interesting to see who the buyer is.
I wonder if the SOW #2 delay and Hertz now moving forward without IDSY is the news propelling the selling.
with the Hertz news today, I am thinking that Jagid is desperate to save his job and will buy Skybitz for more than he should while going into debt to do it.
Avis will respond by going with many more ZIP cars. SOW #2 will not happen
Hertz is claiming they have the most car sharing cars "by a significant margin"
will have 80,000 by year end
Obviously, they ain't going with us. Why aren't we suing them? This is HUGE NEGATIVE news. I think we see the $4's real soon folks.
hahaha. so stueey is an internet troll. I thought so
PS - CLCT doesn't deal in stamps
PSS - my mom is dead but thanks for making me think of her you troll
with the revelation that 7% of miners have quit and the mine is set to re-open in 5 weeks, it looks like they will not have to lay anyone off.
After the mine is cleared of debris, crews would begin pumping water from that section of the mine, which would be followed by an inspection of MSHA officials before ore extraction could resume. Should the mine be successful with an early June resumption of extraction, it would be about six months after the stoppage in December.
Commissioners also presented Miller and Revett officials Larry Erickson and Paul Lammers with two plaques thanking Revett Minerals for its support of its workers.
“It’s not just 200 people there,” Presiding Commissioner Tony Berget said after reading the proclamation. “Those 200 people have families of three or four people. We’re grateful for the way they’ve treated their workers.”
The plaques were spearheaded by Kootenai Valley Record Publisher Leland Bothman, who approached businesses about the honors.
Erickson and Lammers joined the meeting with commissioners near its conclusion, as they were meeting with U.S. Forest Service officials via telephone about progress on the Environmental Impact Statement for the proposed Rock Creek Mine.
“Getting it complete is still a long ways away, but we’re hoping it’s sometime this year,” Miller said.
The Rock Creek Mine site is located in Sanders County, and it represents a permitting process that would extract copper and silver ore.
no wonder the stock went up so sharply. I also like the fact the a few miners have quit (7%) of the workers. This lowers cash burn.
Mining may resume in June
Revett aims to begin ore extraction in six weeks; staffers leave
Posted: Monday, April 29, 2013 9:00 am
Alan Lewis Gerstenecker | 0 comments
Crews at Troy Mine are expected early next month to complete the Mine Safety and Health Administration-approved effort to remove rock-shaft debris that for months has halted mining operations.
Revett officials then hope three weeks after that — in early June — to resume mineral extraction from the silver and copper mine located south of Troy.
Troy Mine Vice President of Operations Doug Miller on Wednesday said crews of between six and 10 workers are working during daylight hours to clear the blockage that resulted from seismic activity in early December. That activity stopped ore extraction as a plan was devised to continue.
Addressing Lincoln County commissioners, Miller estimated the mine has lost roughly 7 percent of its estimated 200 employees during the work slowdown. While Revett Minerals, Inc., has not laid off workers, staffers are not being paid bonuses for meeting safety and production goals.
“I want to make this perfectly clear: We are paying everyone, but we have lost between 12 and 15 (people),” Miller said. “It could be a couple of things: The uncertainty (of mine resumption), and I’m sure some are concerned about safety. I’d say the majority of them are safety concerns. I think once there’s production (again) they’ll probably come back.”
Miller said as crews continue to clear obstructions, they are installing a lattice-like girder network in those areas for added support. “We are doing some drilling and blasting and putting in quite a bit (of concrete support) to reinforce the (ceiling),” Miller said.