ditto - and big news yesterday about the on line courses for nurses in Australia - the Federation has 233,000 members - say $100 per member per yr - then $23.3 MM annual rev
management could buy - force up the price - and make more that way than programming for insurance exchanges - load up now - and dribble sell later
do shorts pay 7.5 cents per share ? instead of receiving it ?
true - this might be the announcement that the invstigation is over and there are no significant issues -
ebix paid $ 10.9 MM income tax in 2013 and $ 4.2 MM in the qtr ending 3/31/2014 and we cannot get an answer about the"investigation" ? we need mgmt to be more assertive
someone need to take the lead and get this resolved - dragging on too long - need a leader to step forward and fix this
give me a telephone # and i shall call them - or give an an address and I shall go there to tell them this needs to be resolved - and that I shall help them resolve - if they need help - maybe I can take a acountant to help them - we need to know what they think may be a problem - and simply resolve the problem - this is not 8 dimentional brain rocket stufff - dragging on too long now - should be resolved soon - if Co can not get this resolved - then need new management -
someone in the "office" knows the name of the "investigating person" that was given the keys to the filing cabinet - we call him and go up the ladder - being a us citizen - should be able to get an update about a gov investigation of a private co - or is that protected from freedom of information - someone - at some point should take the lead and get these issues resolved - this limbo business helps no one - and increases the cost of medical related - plus - needs to be resolved - draggging on too long
somone from ebix needs to go to DC, meet with the investigators and get this issue resolved - needs to go sooner than later - can fly there in the morning - Atlanta has a big airport - resolve and and announce the matter has been put to rest on Friday -
RR said last Dec - is expecting this to be the best year ever for ebix - will need good qtr results soon
do shareholders need to contact the accounting investigators ?? - and ask the status of the review -
we need a report to clear the allegations - or list the infractions - and put the "accounting questions" behnd us - the drag on has dragged on long enough - we need someone to step up and resolve the issues - and needs to be done asap
how does heavy shorted play into going private ? shorts want to buy low - and so would a buyer - maybe the shorts buy and take private
seems to me there is something fishy going on - if the co is worth 20 + , why is it trading at 12 - and why almost 40 % of the float thinks it will go down from 12 ?
There is a issue that is not being recognized - am in long and hard because I like the bus model yet would be nice if the seas were not so rough - and we had smooth sailing- as one would expect
what is the "issue" not being fixed ? anyone know ?
something is offf here - the co is in the computer medical insurance business - and float is shorted 37 %
there is something fundamently wrong here - or investors are not tuned into this co - can anyone out there or can RR explain why this is not trading at a 20 PE ? are we not growing ? is the medical / insur buiness not moving to the computer ?
looks like it was ratcheted down to $12.74 - something is off here -
the affordable care act - and med insurance issues are forefront and we ratchet down
when this blows - it will rocket - anyone else agree ??