its been a rough ride for shareholders holding and buying dips during the past few years but signs point much higher from today;s prices. If you listen to the CC this company is back in growth mode with much higher margins than before. If anyone listened to the CC the mgt team echoed the return to a $75MM quarterly run rate with margins well above 30%. IF you calculate and combine with cost management this is a solidly profitable company that has reduced debt and setup for a cash machine.
All this trading at
Interesting. So Bcei recently did this would you say they are at risk of near term filing? I would have thought that they cut opex enough to avoid and are just weathering the storm.
With the wave of bankruptcies going on, is there a clue or company action that one can point to that gives an indication on whether they will file or not? Is there any correlation that one can make now that the sample size is bigger given the latest waves, other than the stock price?
In this day and age, it is so compelling for a company to file. Keep mgt jobs, clean up the balance sheet and come out stronger in the end, with little consideration to equity holders. In fact given the number of bankruptcies, isn't it more compelling for the others to follow suit as they will struggle with debt while the others will still play, but just be leaner?
I know this is a simplistic view, but would be interested in an intelligent dialogue both for / against? As a LGCY common holder, I wouldn't mind them continuing in zombie status while the commodity prices sort itself out and hopefully stabilize above where we are today, but why should they avoid bankruptcy and just say F%&^ it?!?!?!
Interesting, however being an NPTN investor and seeing this downdraft is concerning but with NPTN raising revenue guidance for the year, the visibility seems good for a few quarters and there are drivers for 2017. The CFO for NPTN is conservative so there is no reason to increase guidance unless you are sure. The one disturbing thing is that the CFO was an active seller of his shares this month.
I have to hold tight until more info is public but ready for some bad news to drop
I was planning on being here for the long term but something doesn't seem right. With all these bankruptcies (HK most recently) there is going to be more pressure on others to do the same as these companies emerge with cleaner balance sheets and continue to operate. Competition will only get stiffer and how will DNR compete when they wont be as nimble (despite its differentiators) on the financials? The stock also seems toppy and failed to break $3.40 on 3+ occasions. There are many more reasons related to gut but wont go into all the details....
I just exited on the pop just above $4 with a small profit and will keep an eye on things. Best of luck to you all as if it goes to the higher levels, it will be a rocky ride to those levels.
On another note, I put in some spec money after hours on HK yesterday given common will get 4% of the new company that will likely have a larger market cap than it does today. There are other factors making this compelling that could equate to a multi bagger (10x) that many wont see as it trades today.
King - I agree with your comments and the pinch may end up being a blessing in disguise. It seems you changed your tone since the initial message and your tone of mgt's move to reduce debt in exchange for dilution being negative for shareholders. Did you have a change of heart and now feel the tradeoff is worth it? Many times the market anticipates events and something had to give....I feel this move is one of those and the visibility takes a ceiling off the share price.
and nobody cares which makes me love the report even more. Analysts have this pegged as a sell and with the shorts owning this tomorrow could be fun. Looking forward to the CC
With the stock rising ahead of earnings and the market now turning south, fundamentals are out the window in the near term. It would be interesting to get some TA analysis from those that follow the charts to get some understanding of support and entry points as this falls.
a simple 'I don't know' or non response would do the trick. your long winded diatribe wasn't what I was looking for
Can someone decipher this? It looks like he disposed of options on the 27th but just wanted to confirm? I thought selling just ahead of earnings is blacked out? Also, I put more merit in this action as I respect Ray Wallin and his moves.
Its available on top of google finance - NPTN
Load it up JDA....you know what I am saying as you know this business and the crooks. I agree that capacity is the biggest risk but sounds like they have been preparing for a while.
and I encourage you to read the Q&A re: margins because Ray is conservative, and the fact that when asked about the margin rebound, he said Q2 is fully realizing the downside and we are up above Q1 from there. He is also talking about significant cost cutting moves in addition to price recovery. I am sure they are #$%$ that they are having to commit the contract on ASP but they will be in line to get that back and more.
Watch the option awards....this is key
If you are worried about near term down side don't invest here. But if you want a company in the sweet spot growing revenues 20+ % and an opportunity to buy a company where growth investors will soo flock after realizing there doesn't exist a similar story, this is where you want to be.
The margin confusion and the headline miss on EPS is the opportunity you should welcome if you are a current investor like me or a new one.