For what it is worth......maybe nothing...!
I filled the 20 % sleeve at 3:59 PM just now.
Filled at a price of $ 18.34.
happened right into the close.
My entire positive cost per share is now $ 19.05.
Theoretically still have 60 % to invest, but no guarantees
that I employ the full 100 % allotment.
On Thursday August 13th after the close, LOCO reports its Q2 earnings .......
that's 10 trading sessions from today. Not many sessions left, IMO.
Although the market is taking back at least a large portion of yesterday's gains
from LOCO investors, I think it might be interesting to see if LOCO's price
starts to move consistently in one direction as we get closer to the report.
IMO, don't expect any type of news from LOCO for the next 2 weeks.....
I also think any revision in guidance is the most important aspect of the
Q2 report. I would like to hear Sather be a little more positive, but maybe we
don't get a change of tone yet.....
I invite all fellow LOCO investors, both long and short, to post their Q2
EPS or YOY same store sales (SSS) or any other metric of interest for
this board of investors to ponder and discuss.
I am thinking today that LOCO posts a 19 cent EPS for Q2.
I predict that LOCO ups EPS guidance for the full year 2015 to 76-77 cents.
I will try to get back with a SSS prediction a little later.
This is the LMT stock message board at Yahoo Finance.
Why don't you old LMT employees simply go over to the LMT
Settlement website and talk about this non-issue for as long as
you want..? There's probably a lot of folks over there now who
could help you last week..!!!
I can't believe you guys think your narrow issue could possibly
impact the LMT share price...!!! You are giving yourselves way
too much credit...!
There's probably tons of old ex-LMT employees to chat with over
at the LMT settlement website who will love to talk 401(K) issues
with you until the cows come home....!
As I have told you old guys before, this is the Yahoo Finance
message board used for investing info, debate and ideas....not
so much as a LMT benefits board.......
BTW my chip on my shoulder is that its good for adults to
realize where they are and to stay focused on relevant topics
...investing topics. The vast majority of investors who buy and
sell LMT stock care ZERO about employee benefit issues.
Because its just not relevant to the investing conversation.
And the entire time its an non-event
85 % of the shareholders of LMT are intsitutionals who do not care
what the stock price is, they only care about the stock value.......
I wish more retail investors here would focus more on valuation
and less on ''splits'' ...........!
The revised positive Q1 GDP data and the 2 % plus Q2 initial GDP number
gives Yellen the cover to hike 25 bps in September .....
At least Cantwell got one brand acquisition done before the hike at a good price
of 6.6 times Mama Mary's annual EBITDA.
With Rickland Orchards and New York Style brands floundering still and zero
signs of future improvement, IMO if rates increase in the market by a relatively
large amount, its going to be tougher for Cantwell to find reasonable brand
acquisitions in the future that support further stock price increases over the
next several quarters.
So you must be saying that mgmt feels buying SPR at its 10 year high is the optimum
way to put cash flow to work..........I don't but that
If that was the case, mgmt should have bought their stock back in 2008 through 2012
when the SPR stock traded roughly on an average of $ 20...!
Back in 2011 & 2012 mgmt knew that BA and Airbus were designing new jets & now
the entire market knows, so there is high probability that SPR growth is more fully
priced into the stock now.
No, I strongly think mgmt has a few extra bucks and wants to insure EPS increases
which could be a major input for their compensation, by cutting the total outstanding
If you look at the data you will see the main reason SPR posted a large FCF
growth metric is because they sold the Gulfstream business. SPR mgmt made
a transaction. So new levels of FCF should be employed to execute bolt on
acquisitions, not buybacks at done at historic high stock prices...!
$ 800 million of FCF plus another $ 800 million of debt financed at current very low
interest rates could fund a very nice business that would grow additional FCF
for years to come.
Careful there, scj
always is a long, long time........
.....always & never are 2 words I try not to use
I have been burnt too many times
Why do these crazy posters spring up to spew non-sense...?
What is their motivations..??
They can't possibly think their goofy posts impact investors or the LOCO price
HON bought Germany based Elster, Inc recently for $ 5.1 billion
Elster is in the ''smart metering'' business, mostly for natural gas & water/fluids.
Elster revenues last year were $ 1.8 billion
HON said it paid ''12.6 times core earnings'' for Elster, so this firm generates approx
$ 400 million of ''core earnings'' annually.
This Elster acquisition is the largest purchase by Dave Cote and its also the largest
since HON bought Allied Signal in 1999. HON released a plan in 2014 saying it plans
to dedicate $ 10 billion in capital for acquisitions, so this transaction uses about half
of HON's buying war-chest.
I have read that ''smart metering'' is a growth industry as water and energy monitoring
get more important. But is a $ 10 billion global metering business large enough to
impact HON's financials in a meaningful way....? Maybe HON needs to dedicate more
capital to this potential metering emerging frontier, if its truly a future grower...?
If HON really thinks metering is a viable business, the WSJ said they need to buy a US
and maybe a Latin America metering firm(s) as well. To me that seems like HON
will need to spend more than $ 10 billion total to build out this global metering platform.
I approve of Cote using capital to enter new growing businesses. IMO its much better
than ill timed buybacks, when stock price are high and costs of capital are so low.
I hope Cote and his team have extensively and accurately done their due diligence
that the global ''smart metering'' industry is for real when it comes to future revenue
and profit growth, worldwide. Time will tell.
If Cote bought one ''smart metering'' firm in Europe then he needs to buy other
metering firms to round out the strategy. HON needs to move the needle.
Whats the rationale for buying UNFI after the sad words from the UNFI CEO...
regarding Albertson's and the 26 % drop that followed.....???
New to UNFI and don't see the near or mid term catalyst......
Sorry to see Frank that your afternoon trade yesterday before PCP earnings
took a hit today......hope things work out for you longer term with PCP.
New bolt on acquisitions and maybe some divestiture of weakest oil & gas
segments might help PCP longer term.....great aero firm with a still energy
add on, just to irritate investors...?
I have a problem messing up a perfectly strong aero business with energy
From today's Conference Call ................
''total organic sales down 1 % in constant currency basis''
''oil & gas sales drop of 4 % more than offset low single digit sales growth
in the large CAS business''
''operating margins decreased 350 bps''
''aero sales down 1 % while large CAS was up $5''
''power sales were down 17 %, almost entirely from a 38 % drop in oil & gas sales''
Aero should improve with the ramp up of BA and Airbus production schedules
of new jets............who knows when oil & gas will improve.
TGI missed EPS estimates by 4 cents per share
TGI slightly beat on revenues YOY
reduced guidance for both EPS and revenues for 2015
so the stock lost everything from yesterday and then some, finished down 5 1/3 % today
good overall numbers from SPR in Q2
EPS was $ 1.09 estimates was for 97 cents
Cash flow from operations was up to $ 305 million
(Q2 2014 cash flow form ops wax $165 million)
up over 84 % YOY
Q2 total revenues was $ 1.699 billion ( 0.8 % below estimates)
Fueselage Div revs down 1.9 %
Propulsion Div revs down 4.3 %
Wing Div revs down 16.2 %
guidance for full year 2015 revenues remains the same at $ 6.6 - 6.7 billion
full year EPS remains the same at $ 3.60 to $ 3.80.
full year free cash flow higher to $ 700-$800 million.
SPR announces a $ 350 million stock buyback .........starting at $ 56...ugh..!
I would rather SPR take the capital and go buy another bolt-on aero component
firm to grow its Fuselage Div business segment.
But this CEO wants to have an easier EPS target by cutting outstanding shares.
I hate financial engineering to artificially inflate EPS...watch SPR will still miss its
revenues estimates, but beat its EPS in the future.
If mgmt is not going to reinvest in acquisitions to grow the business, then give
investors a dividend instead of buybacks made at stock prices that are at a
10 year high. Now is not the time to start a stock buyback at SPR...!
At any rate SPR stock popped on the news today.......
wow, that would calculate to a 30 % annualized growth rate......
To me that seems like a lot, especially after the current stock price
run out of the past several quarters.....
we will see though
I do think the US govt takes into consideration maintaining
its industrial military assets in a long term fashion.
More competition and more ideas.
Does the US want only 2 American aero defense firms..?