Is probably selling? Get back to us when you have facts and why we should care.
I've purchased about 310K shares at about $7.77. So, I didn't get the bottom and I know that there is a risk that the transaction does not close. I just believe that both parties will make sure that it does.
If not, I may have a $5 or $6 stock.
**** The purchase is complete and the long term financing is in place now they amortize the debt over a period of years. ****
The $1.8B that RAD borrowed for EnvisionRx isn't going to be amortized away, it's going to be repaid with cash or dilution.
Agreed that recent acquisitions are a handful. One thought on TX (on stores). Would it make sense for RAD to manage H.E.B. pharmacies (think CVS/ Target), while they continue to put RediClinics in H.E.B. stores? H.E.B. has about 350 stores in TX and MX (source wiki).
I would be surprised to see RAD expand into a new state near-term, but Texas and Florida are the 2nd and 3rd largest states by population in the U.S. Houston (4th largest city in the US) is within a 2 hour drive of RAD stores in Louisiana and RAD has a number of RediClinic locations sitting in HEB stores in Texas. Texas also has a large military population. My bet would be on Texas to be the 32nd state RAD has stores, just not in the near future.
Consider yourself on ignore wildonegemini. Like your friend cshjr4, you contribute nothing of value here to a RAD investor.
Tell that to cshjr4. His last post here was "OIL AND GOLD FOR THE NEXT 12 MONTHS!"
RAD will spend about $100 million on scripts this fiscal year (see below). Of that amount, $14.3 million was spent in the thirteen weeks ended May 2015. I expect that the $8.1 million spend for A&P is included in that budget, not incremental.
Source May 2015 10-Q - We plan on making total capital expenditures of approximately $650.0 million during fiscal 2016 ($665.0 million including the pending acquisition of EnvisionRx), consisting of approximately $330.0 million related to store relocations and remodels and new store construction, $220.0 million related to infrastructure and maintenance requirements and $100.0 million related to prescription file purchases.
**** emt8601, name calling is typically a sign of ignorance.. Combine it with silly commentary and it defines a persons intellect and emotional IQ. By the way you are dramatically wrong on both counts. ****
cshjr4 - you're the one that posted that someone posting here was a nut job in one post and told him to put the bottle down in another. Your post seems to be about yourself.
And about being dramatically wrong on both counts?