Look at the shareholder value Grimshaw has destroyed since his arrival; $11.28 to $5.49.
A loss of more than 51%, or nearly $300 million of your money has been destroyed under his "leadership.".
Valuation is meaningless in a situation like this.
Instead beware of a takeunder.
For the quarter, total revenues were $269 million with net income of $23 million and earnings per share of $0.42.
I got a free copy of the call transcript from Seeking Alpha.
Go to their site and look for "EZCORP's CEO Discusses F2Q13 Results - Earnings Call Transcript"
From $45 to $28...OUCH!
And we haven't seen the worst part yet. Wait until all the lawsuits get settled. And the real SEC issues of illegal selective disclosure haven't even been filed yet.
FB will soon (if not already) wish it never went public.
This is the worst high-profile IPO I've ever seen. A bust on all counts.