where were they when the stock was 10? Analysts are basically useless - they say sell at 52 week lows and buy at 52 week highs
What a difference a year makes. I remember when they had the company earning 10 dollars a share, things change fast in this world. I think there's a lot of negativity slowly creeping into the stock, which makes it a tough call when earnings come out. The stock action will all be based on expectations. I would like to see this get in the 30s, not sure it will happen, but I surely wouldn't rule it out. Maybe we will get that great buying opportunity.
its generic stuff at the lows and brilliant technology at the highs. If you haven't notice small cap value has been out of favor for two years now and once the liberals are out of power the economy will finally turn around driving up the small caps with them. Liberal love passing regulations so companies can't even function just look at what they've done to the oil and gas industry but the liberal's stupidity will probably drive oil back up in price. Liberals don't want america to be independent from overseas oil.
The ag cycle is down and It will rebound. The 37 price is a joke The next cycle this stock will more than double. it's hard in this environment for any public company to make money with liberals running the show.
You sound like you work for a hedge fund. They strip the company of its assets and load it up with debt. its never the same company. I've been watching them do this stuff since the 80s. The only hope HC2 has is if someone else comes around and makes a higher offer, not sure if that is going to happen. Also, the company can make an acquistion during this time to defer this takeover threat.
Just a bunch of guys driving companies into the ground, sucking everything out of them. You see to keep the game going they need to make acquisitions to continue as a going entity until they pile up too much debt and run out of money. Then, they file for bankruptcy when everything has been completely suck out of the company.
There wishing on a star that someone will come by and buy them out. All these guys are looking to do is load the company up with debt, lay off people and walk into the sunset with a barrel full of money. Hedge funds should be tax at the highest rate possible unless they add jobs when an acquisition is made, which will never happen.
It takes a Belgium country to realize what america stands for. Of course, when you feel insecure to terrorism and what the world is like without america you realize what Trump is saying is what the world needs.
Great marketing campaign, of course, the bernie crowd don't drink beer.
my guess its the reality of lower egg prices is finally sinking egg - nothing more. I really think its that simple. But its a great stock to own in this no growth environment and probably the best value food stock on the exchange.
I was trying to find a rice play since the price of rice is going up. I use to own riviana intil they got bot out by a spanish company.
Egg prices are down, but the market likes food stocks in this no growth environment. So the question can you get a nice entry point on a less than stellar earnings report.
Nobody is buying them at over 40 times and 5 times book. The smart money liquidated this motrning. Don't get me wrong, I like badger meter its just overpriced and overpriced stocks don't get bids from outside companies unless they have some magical formula or they are not in the real world.
Take your BMI profits and move it into PLPC.
Plpc earned 58 cents last quarter - BMI earned 55 cents
PLPC pays over a 2 percent dividend - BMI %1.20
Plpc little debt and cash on the balance sheet. BMI good amount of debt on the balance sheet
PLPC selling below book - BMI 5 times book
PLPC a play on the grid- BMI a play on water - both good infrastructure plays
As you can see as much as BMi is a good company its just plain overvalued while PLPC is undervalued and getting no love.
MY 2cents - I just figured i would spell out what is good value is in this overvalued market in some areas.