Bueller? Yeah don't hold your breath re: seeing some fresh insider buying. Only "buying" they'll be doing is cashing in then out of those 1.00 options they were handed by upper management.
Worst performing oil related stock of the decade. Yet Newman still receives performance bonuses. Shareholders deserve every inch of this reaming. What fools. Unbelievable.
While I agree with you regarding Twitter et al the problems facing RIG are numerous and valid. Declining day rates, stacked rigs, junk old equipment, arrogant management, still unsettled Macondo liability, arrogant management, failure to keep pace with competition and did I mention arrogant management??
Cash burn is down; i will give him that. And with negative top line growth overall YOY it had damned well better be. Unfortunately I see the stock dwindling back to test $12 again; there just isn't anything to prevent it. If that fails to hold then it will see single digits. Sorry. Really.
No gloating here my friend. Just feel sorry for you guys for not being able to see what was clearly right in front of your faces last night. Hopefully things will turn around someday on the company, but until they start to show some REAL SERIOUS organic growth the underlying equity is dead.
Sorry dog. I feel for you. I was once long and hot for the story but once they started fiddling and fiddling with execution I bailed way back in 2013. The story is still interesting but WPRT shareholders won't see big returns. WPRT management will do quite well though. Again I am sorry for ya. Hope you find other good returns elsewhere.
Ok, but with a market cap already at 1 billion and sales at 180-200 million annually, a good deal of the expected growth is already baked into this cake. Say they double sales by 2016 to 400 million. And net what; 50 million? 75 million? And the market cap still says "hey, we already drank all the booze....party was over long ago." I just don't see the underlying equity having any catalyst to move the way you guys think it will. It just isn't there. However, if the NG evolution/revolution really takes off and WPRT can get back to 40% annual growth, then hell yeah you got something. But the last 8 quarters have shown the transition to NG is wayyyyyy slower than we all hoped for.
Big boys to focused on Tesla, T Mobile and other big news, but make no mistake, once they have their morning coffee and take a look at their small caps and micro caps they will see the lackluster results and dump the stock. Just my prediction. If I'm wrong I will come on and bow down to the longs.
Omg do you know what EBITDA profitable means? Some of you guys really shouldn't be playing with stocks if you don't know what is what. Lambs being led to slaughter.
The big drop in Weichai revenue YOY wipes out your 14% "increase" and then some. It also wipes out the tiny upside on tbe other divisions of the company. Thus, when you look at the grand total, they actually made LESS YOY. And that is why the "earnings" report is awful. Why is this so hard to understand? ? Come on man! I'm trying to save you from losing ure #$%$! !
Sorry, but wall street isn't going to wait 5 years for a company showing negative YOY revenue "growth". WPRT was exciting when they were putting up 40-50% YOY growth. 7-13% growth will allow competition to catch up and take a big chunk of the pie, crushing any hopes for returns for shareholders.
I hope you're a better/smarter engineer than an investor. All your dough in 1 extremely speculative stock? And a Canadian company at that? You should've squeezed in an investment class during college.
Robert I see it as further proof execution is not nearly as crisp as needed to justify the market cap. Profitability may be a year away, but unless growth gets back to 25-40% you cs n forget any upside in the equity.
Nyc I have to think even you would have to be pretty disappointed with the top line numbers. 7-13% simply isn't going to cut it. I am more concerned than ever about their slowness of execution. Weichai is dropping like a rock. On road and off road are hardly even worth mentioning this Q. Bottom line is the numbers and anemic growth do NOT justify a 1 billion market cap