You are wrong. Virtually all the 20 somethings we sell to use twitter as opposed to FB. We just created a marketing push around twitter and it is easy to use and powerful. Plan on using twitter ads, especially now that NFL deal is in place. We sell weapon storage to the military and you can see @weapon_rack_ken
The market cap of ARP is approx. 372 million and ATLS has 28 percent. That is 104 million and ATLS traded at 89 million market cap. Why is this out of whack- is it the debt load? Why does ATLS have a billion in debt after the Targa deal?
I respectfully disagree with you. Look, potential buyers have a window here. NAV had missed the rally since 2009 and has divested all non core at this point. I think once earnings make the turn, which they will, the street will re-evaluate NAV and it will be north of $40 per share. A buyer today can pay 30-35 and steal this. Icahn, et all will agree and International trucks are in better hands who can realize full potential. We disagree, that is fine, but take your profit on short side and be happy. U are 7 away from your target, be happy
Yes. GM was forced to divest in 2007 when they made the sale. Now those execs are at NAV. U r probably to young to remember 2007 when GM was dismantling the kitchen sink to stay alive. They want back in this business, son, and who else is out there!
I am laying out the theory that GM will buy NAV: 1. Many ex GM mgt now at NAV 2. GM wants to look like Daimler and will if they buy NAV 3. GM wants bigger presence in defense vehicles 4. GM will create a direct competitor to Jeep by reviving the International Scout and develop a line like Jeep around it.
We know they are talking from the Forbes article and isn't it interesting that nothing came of that yet? I am all for this happening and will hold GM if they do a share purchase. BTW, this is exactly the bold action the market wants GM to take and I wouldn't be surprised if GM rallied on the announcement.
I have been thinking the same thing. Why this weird article last week and no announcement? Why recreate the closed Chevy heavy truck division when you could buy navistar with 100 year old brand and totally separate desler network that you could also migrate the Isuzu partnership to? Maybe GM wants the whole company and looks like Daimler when done. Makes sense to me anyway and maybe is reason GM scoffed at Fiat as they already have this in queu!
Sentiment: Strong Buy
Barron's has 63 million ebitda for 2015 with 40 million shares after merger. Put average multiple on that and you get 19-21 share price. Think I will go by their numbers!
Well, as a salesman for over 20 years I can tell you that they will be right eventually! I think it is this year. Look, all the cost cuts and reorg has taken place. We are coming out of that phase right now. I know wall street and investors want certainty but in reality, it is going to be lumpy for awhile. The fact that revenues maintained and losses were stemmed with reorg, trouble in South America, strong dollar, etc. shows you that something good is happening. Now they bring in this PCAR guy. You get some improvement in Class 8 and this bird starts humming. Also, they stated on call that Bus biz shines next two quarters which wasn't reflective this quarter. To quote Jimmy Stewart "Potters' not selling, he's buying". And that is what I am doing. I have made two purchases last two days. not at lows but brought my basis down considerably. I believe in management and my friend who works there- by the way he was our HS valedictorian (if that spelled wrong you know why I wasn't) and smartest guy I personally know- mech engineer from Uof I- that the place is completely different from before reorg with relentless focus on cost and profitability. Anyway, there you have it. You sell and I buy. However, for the company, employees, and US manufacturing in general- I hope I am right.
Visited a Del on a work trip to Utah this week. It was on 4th street in downtown Salt Lake. Place was very modern with a kid play area and very nice. The best part for me was that the food was fantastic. Much better than Taco Bell and not really comparable IMO. I had the fish tacos, grilled chicken taco and churros. I would put those fish taco's against anybody's especially with al the fresh ingredients on them. Anyway, asked two of my customers for closest one and one said "Del taco sounds good right now" and the other explained that Del is better than Taco Bell, which I agree. Anyway, I hope Del has a plan to add alcoholic beverages like TB is testing in Chicago (saw on CNBC). Del's food would go well with a Mexican brew and/or Margarita. That would attract a lot of millennial's and road dogs like me who want an adult beverage when I eat dinner. On that note, had to drive from Salt Lake to Las Vegas and many exits had Del's listed on "available food" right next to hotels. I tend to stay and eat at these type exits so having alcohol would attract a lot of road dogs to eat there if they offered. Just my opinion.
I agree this is overdone. It is funny how the market values companies. Take ZOES, okay a food company but it has a 700 million dollar market cap on 60 million in quarterly sales and it broke even. We have 2.7 billion in quarterly revenues, lost 64 million but forecasted for profit by year end. Our market cap now under 2 Billion. Seems whacky to me but what do I know. I am just holding this for the long term.