Under $6.50 with very good 2014 and a great line up going into 2015. Should increase the cash on balance sheet by a large amount. Any one know if JAKKS can buy the converts back on the open market?
Downward trend needs to break. Terrible last 5 days for JAKKS.
Anyone else do any channel checks. Christmas sales are in for JAKKS. I like that the higher end products seem to be selling well. JAKKS lower end lower margin products, who knows. SOFIA the First has good display space at TARGET, Not sure on sale through.
JAKKS spent a lot of cash on MAUI and I still haven't seen them at the stores.
The spy gear seems to be doing well. I saw some big figs at Target online on clearance? Elsa continues to do well. MAX tow sold out. Disney princess should be flat to down due to the ELSA craze.
I think matels barbie will be way down this year due to the ELSA craze, but yet the stock is up.
MAT and HAS relatively flat the last 5 days. JAKKS down 9%. Should be the other way. JAKKS is the only one with 40% sales growth this qrt. EPS Loss last year to a $.55 estimated profit this year.
Almost like clock work. Just a daily occurrence. my quess is we are now near the bottom and I will be adding on Thursday and Friday of the week. Does any one know how I could purchase some convertible notes and what is the the current price?
I thought you said no one would want to buy it with the converts. Does any one know how I could buy the converts? I'de like to get my hands on some.. That would be a great investment at this level.
if they make the 4X EBITDA they will make huge $ in grants and in salary. IF they know of a possible bid, they can not buy due to insider trading and huge posion pill.. Either way they will win.
60 days ago the forecast called for JAkks losing .05 in the 4th qrt. They now have JAkks earning $.55 in the qrt. Best 4th qrt in years. I think you will see big upside in the 1st qrt of 2015. But the stock is still 17% below it 60 day value.
When JAKKS performs like it is inline to do next year. It will have about 80 million in extra cash come year end. During the CC they estimated sales would be up 90 mill in the 4th qrt. What happens when they blow this number out. Already said higher margin items were very hot this x-mas.
I think a huge surprise is in the making even with updated earnings forecast.
Lower rate of interest than the open market. Replaced convertible debt. I would of rather seen more fixed long term debt, but after a few bad years that may of been more difficult. If they have a really good 4th qrt, I would like them to buy some of it back in the open market.
Still puzzled on the drop with such good consumer sales numbers and other toy companies doing well in the market. used the dip today to add more. Jakks is in the best shape it's been in years. US sales way up, international sales growth continues to grow. 2015 product line best in years.
MAT will have cash to spend. With 10 billion market cap. Can easily take JAKKS out with stock swap. Needs growth and would add nicely to the MAT portfolio.