because Tesla expectations were quite low going into the release while expectations for PLUG were sky high - Tesla's shares actually didn't skyrocket by 65% during the last month either.
Fully agree. Bought a sizeable position yesterday. The shares have recovered quickly twice already from much bigger issues relating to the 2014 reserve.
What contract are you talking of ? The company just changed its CFO for the third time in two years shortly before an important earnings release, Don't tell me you expect good news.
There will be no offer for current shareholders. The company will go to Orbimed in chapter 11. That's it.
Vivint wasn't bought for its installations business but for its project pipeline. Vivint numbers were ugly last week and I bet SUNE would love to get out of the deal.
Yes and no. Adjusted eps for FRO was just $0.045 but you need to take the earnings of Frontline2012 into account. Unfortunately the company's earnings haven't been adjusted for one time items but based on my calculations the company will declare a dividend of $0.08 in December.
Not really. I shorted the shares into this morning's uptick. Numbers were mixed at best and the dividend announcement was expected. A roughly 10% yield is quite common for tanker stocks so I don't see much upside for the shares from here. Actually I think there will be some pressure on the share price starting next week once the former Frontline 2012 shareholders will be able to sell their new Frontline shares into the market.
When adjusting for non-recurring gains my calculation arrives at roughly $0.08 per share for the combined company. A roughly 10% yield pretty much in line with most of its peers.
It's worth nothing. Pure manipulation. They could take private the whole company for a lot less. They are just trying to pump the share price. Should end the day below a 10% gain. Went short in pre-market.
A company that frequently misses expectations and guidance is quite the opposite from a good company I guess. And I don't see which part of their business should actually be exactly new to them...
The company looks more like a fraud than anything else given that so far NONE of the contract awards reported in 2014 have made their way into the company's top and bottom line.
or at all... The conference call was close to satirical reality with management messing around with numbers while refusing to give any detailed information with regard to specific contracts. Given management's performance on the call I would conclude that many of their contracts do not exist or at least not to a level management has suggested previously.
Already the $15-20 mln "high margin recurring revenue" number looks pretty implausible given that the company's revenues for 2014 and 2015 will be roughly the same at around $30 mln. Actually the Smart ID unit's revenues seemingly remain pretty stable from 2012 until today so it seems highly unlikely that in 2016 close to 50% of the projected revenues will come from recurring sources. Moreover I don't think the $10 mln in "delayed" revenues really exist.
Earnings will come in materially lower than 2014 by the way.
Agree with the class action suits. They are well deserved in fact.
Given management's performance on the call today I wouldn't believe a single word with regard to their projections.
With most of PERI's cash now gone I don't see any reason to stay with this stock any longer.
lol lol lol
Remember the Volcker Rule ? No investment firm does proprietary trading in stocks anymore. The reported purchases are done on behalf and for the accounts of some clients. JPM really has nothing to do with it at all.
The assets will go to Orbimed in bankruptcy and shareholders will of course get nothing as already indicated by the current share price.
Really ? The advertising space is actually getting rocked by new disruptive technology leaving most of the established agencies in the rain. Undertone is seemingly no exception given the purchase price of just 1.x times annual revenue. I can't remember any ad agency acquisition over the last few years that has played out for the purchaser.
EBITDA margin guided down to 10-12% on the call - EVEN LOWER than Undertone standalone. As a comparison: So far PERI EBITDA margins in 2015 have been roughly 28%...
Let's have a good laugh together about that. PERI so far has entirely failed to put up a viable business model going forward and this final shot is just another nonstarter. I take every bet that margins won't come up going forward,
Borrowing fees are above 100% p.a. so nobody who has to borrow shares would be short here. Only naked shorts would be able to make a deal here,