The price is really at a 8 year low. once the tax loss selling is done it will trend higher. A 5 percent divided selling at a modest pe especially to it's peers will be a nice investment in 2015 for those who like to buy at the bottom. Then, there's always the buyout or an earnings surprise which will make buying at its lows as a no brainer, but i guess they call that foreseight. could it go lower, of course, but the risk /reward is on your side, so hold you nose and buy it, it will turn out to be a rose, and while you wait a nice 5 percent dividend to keep you warm and toasty.
with the cut in the dividend all the more money for management.. How about these guys being inovative and figure out how to incorporate leds into the home and the benefits of saving money on energy. all in one home lighting system comtroled by your smart phone. Lights go out based on where people are in the house, or on vacation, habits, sunrise, sunset, bedtime, etc. Maybe i'm dreaming that would be too big of an idea for LYTS.
just some real earnings - i guess thats the hard part.
Cspi is fine just getting the dividend, not sure what the catalyst will be to get the stock to breakout unless earnings turn out pretty good. PCTI /EVOL seem to have more growth and both pay a dividend.
the stock is probably going to earn 2 dollars this year - what stock in the markets are eaning two dollars selling at 13 - i guess thats what you get with these thinly traded companies
i beleive we swim in the same fishing holes, but i have never gone wrong buying a company below boolk value , let alone cash. IDT seems to fit that build some what. PLPc selling close to book seems like an opportune time to buy as well.
i figure I would buy some shares here, why waste my money in a zero percent money market when i can buy a company selling below cash. You rarely see that. It's like finding a pearl in a oyster shell. They should be paying a dividend at least though. The transpotation bill will come, its the govt remember, they know how to spend money and waste it for that matter.
yeah, some of the larger companies are making money like wallmart, starbucks, mcdonalds, but a lot of technology companies and industrial companies find it tough sledding because nobody in china take patent law seriously.
for some reason why is it that nobody seems to make any real money in china - you always need a partner, eventually they borrow your product and drop you as a partner. Why anybody does business in china is beyond me and when they can't find a way to borrow your know-how they buy you out like the pork company they bought last year.
Not going to 40 - book value around 49 - shares in strong hands - tax loss selling will be ending soon - this might be as low as it goes, if not, its pretty close.
this message board runs better than the company
i like when the new guy comes in and cuts cost to pump up earnings for a quarter or two and then its back to the same old stuff. i got a great idea spend some money on research and development and develope products the market wants. yep thats the way you do it, the acquisitions over the years have be so poor no direction, and everytime the company annouces some state of the art led product it does nothing for earnings. the company is top heavy wit the few guys at the top getting paid way too much. if your a shareholder and you want to see shareholder value go up you invest in a management team that can deliver and this has surely not happen here.
and we all know how it ends for fad stocks. The insiders get out long before the stock ends up in the single digits. not a dollar going to the company. If you follow the insiders on wall street you'll always save yourself a lot of heartache and money. Nobody sells a good thing until its not a good thing. the company is basically a 1 product company subject to intense competetion and it won't be long before the company we'll need more money to finance its growth, which will just dilute shareholder value even more. take a cue from the insiders and move on to other better opportunities.
lastly, I've seen this movie many times before. they use the same script. stock goes up on hype, the main guy sells, the insider shareholders follow with an announcement that they want to get out, then the company comes out with a shareholder offer before the well dries up, and then finally the competetion comes in and the stock is a continues slow death.
Since we are talking the short term here. a swing trade is that it goes up a few points and you sell it regardless of the fundamentals. I'm sure you got your days mixed up because it didn't hit 14.31 on tuesday, but anyway, as a swing trader, i marvel at how you hung in their when it hit 12. 11 last week. Now i would have given you a lot of credit if you told the board prior to earnings that you sold it, but you didn't want to be wrong with egg on your face, but hey i'll give you credit anyway. now the prior week had the two highest volume days making new highs and selling off on low volume, even the sell off yesterday was done on average volume. As i said before if something has fundamentally change with the company then the stock goes higher, if their new products are run of the mill then selling it at 14.31 will look like a nice trade but you or I cant really answer that question just yet. I wouldn't be surprised if the company got bot out, made new highs, or faded lower.
There is nothing wrong with the company. The pieces are in place for the company to grow. Just like last quarter the stock will slowly inch up again until the next earnings report. And if it gets cheaper it will be an excellant buy to add more shares. My only disappointment is that they haven't announced a dividend policy. they beat wall street expectations and I guess the short timers were hoping for more and a higher guidence for 2015. So buy some shares and ride the slow grind up again. also if you look at the high end of the guidence they are trading at just 13 times forward earnings.
thats my 2 cent for whatever its worth.