So I did a little more research into rising memory prices and see that they are quite a bit higher than 6 months ago. Can I assume that a 70% hike in the market price would translate into a similar move in revenues? Is that how I should be looking at this? If you apply current memory prices to last quarter then this would be close to or possibly even profitable.
I hope you don't take this the wrong way but I thought you were a pumper. Your posts come across that way. But I checked out your history and you were on this before the run so kudos on the good call.
Any idea what the potential revenue stream is from the AMD partnership?
Weird I actually liked the #'s. Did anyone else? Not quite sure why it's selling off. I think they're getting close enough to breakeven and the broadband market is continuing to expand. Longer term at these prices it could have a ton of upside. I think it's a good sign the eCommerce business continues to show pretty sizable sequential growth.
Am I crazy?
Another one to look at is COCO. It has about $4.50 per share cash and $9 Book value. They have the Le Cordon Bleu school. Not profitable but will be again within a year.
COCO is interesting as well. All of these are really beaten down.
Just a couple of quick questions:
(1) Is there any catch with the level of cash they have on hand? Looks like they have well in excess of stock price which doesn't seem correct.
(2) Also are there any contingencies that I should think of with the book value? Looks like they have a book value near $9.
(3) Any potential lawsuits outstanding that I need to be worried about?
All things considered this looks pretty cheap.
hehe. another guy whose alias born date was right near the low for the past 13 years and who has only posted negative articles. i smell a rat. me thinks someone is trying to manipulate the stock lower so he can get in cheaper.
How is that ignorant? Assuming that it will be a straight shot to profitability without hiccups and givebacks is nuts
Anyone read the article by the WSJ about the union's view on the YRCW proposal to ABFS?
Sounds like the union wants YRCW to focus on being profitable and then paying back the wages / etc. Not a good sign.
Sentiment: Strong Sell
Don't bother with this guy he is a troll. Look at his born date. He started bashing apol literally at the low for the past 10 years. He thinks he has the power to move the stocks lower so he can buy in cheaper. He knows all of these are leaving the station. The value is tremendous especially with the jobs market picking up. This has almost twice as much cash as the market cap, no debt, and a book value of $9. People are searching for stocks that haven't moved yet and this whole sector is about to move hard.
I understand the sector is hated and they're going through a turnaround but this is kind of ridiculous. This company has been consistently profitable for years and the jobs market is making a little bit of a comeback. Just a few years ago this was doing $2 eps on a share count of 100 million (vs 66 million now). It's trading at a lower value than the eps they did (accounting for lower share count).
This is kind of silly.
That's actually wrong. The conversion prices are 18 and 34 but the note holders can convert sooner than that because they purchased the notes at a significant discount to par. Look at recent share dilution: from 7.8 million in 83 to 9.2 million in mid feb 2013.
Longer term its good for the company bc it reduces debt and int expenses. However I bailed bc of these putting pressure on the stock.9