good balance sheet, good dividend, tons of cash flow - left in the dust by the companies that can't even make anything close to what calm does quarter after quarter. Now another interesting play in the health food area is OME, not really followed by wall street, a little more debt than I like, but a nice play on the natrual food area that will probably heat up over time as wall street rotates into the sector.
the more you act like a real company the lower your stock price.
I don't think he really realized he said that - must mean we are getting close to the top where investors will invest back into companies that can earn money in both bad and good times. The fed can only keep the party going for so long until something breaks.
The stock price is just too cheap compared to everything else out there. the economy is fake, so what do you buy in a fake economy - eggs of course. we know their business is real compared to social media and biotech. industrials having trouble, banks just sitting on their money, technology prices over inflated based on real business opportunities, oil prices in free fall, healthcare stock prices stretched. i don't know - what happens when the liquidity stops - do eggs become the ideal investment.
The price already reflects that issue. the question is not where the stock has been but where it is going. In addition,they have a recently patented 3D product which might just revolutionize the industry. we'll see.
THey are just oozing in cash but maybe they should change their name to cal-maine bio - ah, they make too much money. the only stocks going up in this market are the companies that have no earnings, but my guess somewhere along the line the pendulum will swing to companies that actual earn money. so in 2000, i remember an analysts said he couldn't understand how all this dot-coms were being bid up and made no money when budwiser was making 400 million a quarter and nobody cared, well, that all eventually change and the dot-coms went south - the same thing will happen to all these biotechs - a bunch of dreams that will eventually crash and burn as it always happens. so CALM will eventually go up as investors come to their senses.
If you want value in a liquidity driven market that at some point is going to end badly - hurc is the play, if you slap the same metrics on hurc as you do amot you get HURC at 53. Now I'm going to compare Hurc to Amot
Current growth rate p/e AMOT = 21 HURC 12
Hurc is actually growing faster than AMOT AMOT .53 vs .15
HURC 74 vs 29
Next Book Value AMOT = 6.07 HURC 25.28
CASH per share AMOT = 1.45 75 million in debt
HURC 9 dollars in cash no debt
Amot div yield - negible Hurc = 1 percent
back log Hurc is down going forward / Amot is flat going forward
risk / reward favors HURC over AMOT
AMOT more insider sales than buys
HURC no insider sales (why should their be - the stock is pretty cheap)
you can all enjoy my analysis of amot vs Hurc which doesn't mean that amot can't keep going up just look at biotech's up move based on basically nothing. But when the market starts acting this way its late in the game and sets up things for probably a nasty correction at some point. one indicator the transport sector is flashing a warning sign anyway and bullish investor sentiment is on the high side.
thats my 2 cents for what its worth.
Yeah, but the balance sheet is pretty good, probably should be looking for an acquisition, HWKN might fir the bill.
i must be missing something or maybe we are at a top.
But then again, people tend not to read the sec forms and rely on press releases.
Reminds me a lot of cvgw, nobody understood it and it sat around 13 for a long time then started to head higher, rode it to 40, and got off the train ( i guess too early), but its now over 50. ome got a lot of the same charestics in that its not understood by wallstreet, but if it can continue to report good earnings, the street will eventually take notice and the board will be full of posters telling you why the stock is going lower or higher. of course none of those jokers are here yet, but they will come.
If we can get somebody in the whitehouse who knows what he is doing, and he's able to reverse pretty much all the #$%$ that obama has done, the economy could actually surge - removing regulations , lowering taxes, etc. Basically getting companies to get back ito investing in plants and equipment again instead of dividends and buybacks.Hence, why the fed cant raise rates because economy just isn't strong enough. right now companies are just saying"the hell with it".
that the Iwatch will be a dud and the apple web tv is no big deal. and on top of that, the kiss of death of being part of the dow now and everybody and his mother already owns the stock
You're too funny. i'll go back to my HURC , CMTL, MANT, RAVN and PLPC boards, where its a little bit more friendly. well, i'm basically the only one on the MANT and PLPC boards
their problem is that the street treats them like a real company