Yep. I've been screwed all the way from $1.27. LOL! You really have a negative attitude. It must come from your missing the ride up on KNDI. You have been negative for a long time, and wrong for a long time. Enjoy your few days of glory, as the market has it's usual reaction.
My take is that they need to build factories in other large cities. That is what it will take to get "full" subsidies. Local subsidies are critically important. It's not the USA. Different ballgame. KNDI is playing it right.
Why would you call that an important message? The Chinese government has stated for some time now that they will promote "new energy" vehicles as a way to fight air pollution. They won't change their mind. Todays statement adds nothing to that statement. When the government decides they want EV's on the road there will be EV's on the road. They told families they could only have one child, and that's the way it's been. Why would anyone doubt that EV's are the future for China? Today's news about Bloomberg talked to someone who spoke to someone who thinks the government might spend $16 billion on charging stations is nothing more than an opportunity to sell the news and buy back under $19. There is no doubt China will be the #1 utilizer of EV's very soon. Today's announcement is just a reminder to the ignorant that it will happen. This is China. It will happen.
they beat estimates by 4 cents per share. Estimates were reduced a couple of times in the past few weeks. They topped year ago earnings by 25%. That's less of a beat than shareholders are accustomed to and is probably a trend the next2 or 3 quarters. It was not for lack of revenue or market share. Both were up nicely. Expenses are up significantly and that's the source of the softness. As long as they keep up revenue growth and picking up market share, I remain bullish for the long term. Earnings growth still strong and will strengthen further in 2015, as expenses become less of an issue.
Walgreens has underway a program to drive immunizations much higher. This year when getting their annual flu shot patients will be evaluated to see which other vaccine(s) they might be eligible for, and will be offered them at the same time. This will result in a huge increase of Tetanus, meningitis, pneumonia, and shingles shots. One should not underestimate the value of the incremental revenue increases.
Since there is only 16 days left in Walgreens FY 2014, you are probably right that we won't see the $70's again in that time frame. You do realize that FY 2016 begins in just over 12 months. The company's eps estimate for 2016 is $4.25-$4.60. They just raised the dividend by 7%. I think a share price of $80 in 12 months is in the bag. That represents a return of about 30% over the next year, not counting the dividends. I fully expect you to ignore the facts and stay on the sideline.
beach, you feel at a disadvantage? We finally have something we agree on. I have felt for some time that you operate at a disadvantage. You have a fairly extensive knowledge base, but absolutely no idea how to exploit it. Your preoccupation with Walgreens debt growth with the acquisition is typical. Managing debt has not been forgotten in the board room.
You continue your disinformation campaign. Walgreens was pushed by shareholders, and they made a good faith evaluation of the possibility of inversion. You continue to spread lies. If Americans understood the truth about inversion, few would oppose it.
All they reported last month was the number of vehicles sold, and since that was reported after the end of quarter, they better have reported the same number. How those sales would impact profits was reported today, and not a month ago. What would you expect? Why would you call it a scam?
Of course, that's what you have been looking for all along. A reason for WAG's price to sag and leave you feeling a little better about missing the move from $30 to $70. There is nothing to stop WAG from changing their mind in a few months and inverting anyway. This will quiet the campaigning politicians for a while, and perhaps reduces the chance legislation will be passed any time soon.
You have been listening to extremists and politicians. Inversion does not change their tax status on U.S. operations. They continue to pay the same taxes. They just won't pay the U.S. for earnings on their European acquisition. Boots does their business in mostly in Europe, and a little in Asia. Why should Walgreens pay taxes to the U.S. for the business done overseas, which will be taxed in Switzerland?
Maybe they didn't cover that ground in their announcement because it is irrelevant. In less than a year Walgreens and Alliance Boots will be one company.
No, everyone else will not pay more, the government will just go deeper in debt. Business as usual.
why would you say that? I think replacing Wade with Tim McLevish is a positive for Walgreens. Tim is a great choice to lead Walgreens international expansion. No knock on Wade. He did his time and was a good CFO. It's time to move on. It's not as if the CFO resigned under controversial circumstances.