Drew, are you asking a question? What is the question? I'd love to answer your question.
What's the question?
March 2015 PEAKS Trust senior debt and CUSO secured borrowing obligations was $189 million.
March 2016 PEAKS Trust senior debt and CUSO secured borrowing obligations is now $153 million.
PEAKS Trust senior debt and CUSO secured borrowing obligations have dropped by $36 million from March 2015 to March, 2016.
ESI selling for half price.
"Based on various assumptions, including the historical and projected performance and collection of the student loans held by the PEAKS Trust and the CUSO, the company reported that its current estimate of the payments it may have to make under the PEAKS guarantee and the CUSO risk sharing agreement (the "CUSO RSA"), in the aggregate, are approximately:
•$27.4 million in 2016 (of which $12.4 million was paid in the three months ended March 31, 2016)"
This means only $5 million (on average) will have to be paid to PEAKS and CUSO per quarter for the rest of 2016. This has the effect of adding $7 million to the bottom line in Q2, Q3, and Q4 in 2016.
"Chief Financial Officer Rocco Tarasi added, "While we continue to experience strong enrollment headwinds, we continue to have success in executing on our cost containment efforts to right size the business to account for our current and projected student census. As such, we are increasing our internal goal for earnings before interest, taxes, depreciation and amortization ("EBITDA") for the twelve months ended December 31, 2016 from the previous range of $50 million to $70 million to a revised range of $55 million to $75 million."
I've already seen returns you won't see in your depressing pitiful life.
Yes, as we see, Limpwilly likes to lie although it's pretty harmless. He's lying to himself.
I'm a USGA health inspector. I'm trying to prevent the spread of dangerously contagious STDs generated during conjugal visits by Quantass to Limpwilly in Mississippi State Prison for the criminally insane.
What do you call your job?
Limpwilly, I think you may have past the point where a psychiatrist could have helped you. It's the mental institution for you and you won't have long to wait for the powerful drugs you crave. You won't be lonely though. Quantass will drop by for a quicky if he can pry himself away from Drew. Yes, it's disgusting but true.
BTW, I'm not TDR. TDR had much more intelligent things to say about ESI. Limp only listens to Quantass who always suckers Limp into bed. Yes, it's disgusting but true.
Limpwilly, you are a true loser. No money, no job, no position in ESI. Just a mentally #$%$ loser looking for some kind of recognition no matter how degrading it is. Hanging out on a message board is the only thing Limpwilly has in his life. Oops, that's not true. Limp has Quantass as his lover. Yes, it's disgusting but true.
What a couple of dingbats. Nothing that happens today has any bearing on what will happen tomorrow. All is this action is people placing bets. Tomorrow it all changes. ESI will spike up or it will spike down. Since you ninnies have no money, why do you even bother watching the stock price?
I'm not trying to convince anyone of anything. Mostly I post what my opinion is and later I check to see if my reasoning is correct. I use this message board as a record of my thoughts. Two weeks from now I will review only my posts (and some other people's posts that have insight) and check to see if I was correct. Sometimes I'm right and sometimes I'm wrong because I missed something. Sometimes I made a mistake and sometimes news comes out of the blue that I didn't anticipate. I also check to see if I was hedged properly.
Obviously, I'm not always right but I try to fix my thought processes.
Does that answer your question?
I couldn't care less what most people think but there are people on this board who provide valuable insight.