I agree for the most part. I was in my local gun store yesterday looking around at how SWHC can expand. Ammo sales are disjointed and hard to find the right load for target vs. protection. I needed SW .32 cal long and the staff had to search high and low to find it...produced in Europe. Very expensive. And I anticipate a rise in shooting sports like skeet/trap/pigeons. Buy a company struggling to sell shotguns and tune it up to make price friendly polymer 20 gauges for women and the youth market.
I am kicking myself for passing on a thirty year old Browning auto five for $400 at the store...that was my dream gun growing up.
Conglomerates never get a higher valuation than a pure play. What is the P/E on integrated oil companies?
I agree. Unless you license your name to a ghetto clothing company. Seriously...every rapper would become a walking advertisement for us.
I got a little luckier with my three kids...one a West Pointer currently in aviation. My daughter is a hustler, works 20 hours a week while attending Michigan State. Her only issue is that she is majoring in environmental sustainability, whichis code word for working at a Starbucks when she graduates. Youngest is also at MSU and studying physical therapy. Your kids will come around, and they will become more conservative when they have something of their own to conserve!
Not a knowledgeable investor? Probably. But I got in at$3-5/share when the previous round of barrier type acquisitions went south. I have praised the management team for their work on behalf of the shareholders. The polymer acquisition was excellent, and lowered costs/raised margins. I just fear a loss of focus on the core mission of the company. Itf they buy a taser company, fine. A ski boat company, not so much.
No. This management team is too smart to do that. Their major shareholders are funds that are looking for capital gains, not income. Another buyback to help the management team sell some options is more likely. They deserve to cash out some gains after the performance of the last few years.
Obama did not go far enough on his new gun grab, so we bounced down. Company will do $1.45 for the year putting the stock at a 14 P/E. Not cheap, but a good value given the backlog, name brand, management talent, and potential army contract.
I sold my trading position today...hanging on to my retirement position. I am loathe to criticize this management team because they are making all the right moves. What scares me is that every TV show is talking about the stock, friends asking me if they should still get in. If a taxi driver says anything I will get real scared. JR, i hope that you are splurging on new "safety devices".
By the time Obama leaves office there will be 150mm guns purchased during his regime. He received 65mm popular votes in 2012. The GOP nominee can presumably ride this issue to an easy victory over Hillary, right? The NRA will also pound congressional candidates in Wisconsin/Nevada/Washington. So please keep talking "Mister" president.
I love how this management team manages expectations, increases margins, provides excellent customer service (just ask your local dealer), and continues to make shrewd tack-on acquisitions that rapidly become accretive to earnings. They have raised the value of our company by $700mm in the last few years. of course, Obama deserves a lot of the credit!
This would have prevented exactly ZERO mass shootings in the last twenty years. But hey, I'm not complaining. SWHC will bounce 10% next week.
Anecdotal, but I have had three employees buy guns, take concealed carry classes in the last three months. All female. Everyone loves to debate the quality of their weapon. Sig vs. M&P vs. Berretta. More fun than talking about hair and nails.
Lots of tax selling this month as investors want to offset their losses with a stock that jumped over 100% in 2015. Believers will be buying back in during January. Only potential risk is the short term risk of a major acquisition that dilutes the shares. But this management team has shown the ability to get the right deal at the right price.
Exactly. The hypocrisy is thick with the gun grabbers. I can't wait until we remove armed bodyguards from the politicians who want guns to protect themselves...but not their constituents.
Yes and it seems benign enough. Everyone is against gun crimes. But aligning with a gun grabber like Bloomberg makes me highly suspicious. Merry Christmas!
If you have not already quit watching the thug culture of the NBA, think about it as you watch the commercials they are running this season, funded by Bloomberg.