fair chance they beat Q4-14 revenues, in my opinion. Q4 is traditionally strongest, but they came pretty close last year and have made that sequential increase (q4 to q1) previously.
This time they seem to be putting borrowed money to work and operating with an efficient ROE as they gain traction with the brand. I'd like to see the gross margin stay in the high teens (or better). Another solid net margin would be nice, too.
Maybe too high expectations, but I think they can pull it off.
nice soft bash, but I think you can do better than point out that quarterly revenues are up 43% yoy on a basically flat unit count.
For anyone interested in quality bashing topics, I'd suggest digging through Item 1A of the 10K: Risk Factors.
very similar to past reports in terms of guidance and forward looking giddiness.
We'll have to look at the results ourselves and decide whether the company is making progress and managing its growth well. In my opinion, it is.
Last summer, after Q2-13, shareholders were waiting to confirm that IFON had broken out of the series off losses to get to break even, which they did. Now we've seen that IFON has had a run of increased revenues and break-even quarters.
Following this progression, in the months ahead I expect some pennies, nickles, and other small change to fall to the bottom line.
If you're going to claim bankruptcy, you should at least argue it with something negative about the company. It's not effective to say they're on the verge of bankruptcy because they just signed a line of credit that will allow the company to keep up with demand for the product while waiting for the accounts receivable to pour in. yeesh.
Just to keep the message board alive, I'll post a brief resume snippet of our new Vice President Global Sales:
Natural Alternatives International
Vice President, Global Sales
Natural Alternatives International
March 2014 – Present (2 months)San Marcos, CA
Responsible for global sales and marketing functions for this pharmaceutical and nutraceutical manufacturing company.
Vice President, Sales and Marketing
Century Foods International/Hormel Foods Corp.
August 2011 – February 2014 (2 years 7 months)Sparta, WI
I am responsible for the sales and marketing functions of this global health, wellness and fitness company. We are rapidly growing and are the number one company in our category.
General Manager/Sales and Marketing Manager-Relco
Lone Star Advisory Group
January 2009 – July 2011 (2 years 7 months)
I provide client companies counsel and advice on all aspects of their business. I truly enjoy helping companies to grow their business profitability.
ciency and profitability. This was a thoroughly enjoyable experience.
I agree that this is not a 'poison pill.'
I can imagine that if execs know that a buyout is brewing, they may have reason to be concerned that their job will be eliminated by the buyer company. I think this is a good way to give key people the incentive to stick it out to the end.
breakdowns of sales by region. Solid 40% yoy growth in the US with nothing but clear skies ahead. I'm also loving the strong growth in Mexico.
The format is garbled, but maybe it can be pasted into a spreadsheet to be read.
12-13 9-13 6-13 3-13 12-12 9-12 6-12 3-12
C Am 5,822 2,600 3960 4,914 5,539 1,636 2409 2,183
S Am 1,828 3,864 2159 1,197 708 1,883 2003 4,039
Mexico 1,772 803 228 105 313 78 493 1,076
U.S.LA 1,233 2,195 1545 1,449 1,436 1,075 2093 1,691
US 408 67 424 152 292 41 77 0
EMEA 742 202 14 3 163 507 952 3,177
Asia 60 136 12 1 1 153 84 192
11,865 9,867 8,342 7,821 8,452 5,373 8,111 12,358
Your reference to last quarter's earnings made me look back and remember that it was the positive outlook that prompted my decision to buy some. The price bumped up and then receded. "we have some nice momentum." I mean, who says that in an earnings release!
The macro economic feeling seems to be generally positive going forward, so hopefully this is enough that their worries haven't come to pass in the recent months.
Going into earnings with a positive outlook and trading below tangible book, holding makes sense for me. Whichever way the pps goes after earnings, it may present a reason to buy more.
"ALCS has been turning up on my screens for at least 15 years."
This time is different. ;)
I'm interested to see if a truly out of favor company can make it work. They have a significant proportion of new people and some pressure on the board of dir. I'm willing to give them some time.
That's what happened with me regarding IRDM. I sold because I didn't feel I could make a judgment about what their property/plant/equipment might actually be worth. If I was wrong, then I had paid too much.
I think that IFON may still be a pip-squeak. My feeling, though, is that this is okay.
I read that the world handset market will be $340 billion in a couple years. If IFON can capture 0.01% of this market it would be about a 10x increase to revenues.
We can start the cheer: "we want a tenth of one percent market share! we want a tenth of one percent market share!"
I'll offer a few I think are cheap for discussion and public ridicule:
NSYS - a small EMS. The major shareholder recently died so his heirs hold a majority of shares. It's trading below book and will release earnings tomorrow. It's been sliding down toward the 200 ma lately. I bought some in November, sold on a spike, and repurchased from about $5.80 to $5, so I feel okay about holding.
SKYW - you may find its illiquid assets, airplanes, to be the fatal flaw. I bought it because it makes money and its cash and short term assets per share relative to pps is good.
ALCS - I think this is worth watching as a turn-around. It's a low-quality retail outfit of the kind I personally try to avoid in my daily life. They had a substantial loss on a headquarters move last quarter and may lose money again in the upcoming quarter. With their move, they've hired mostly new people so I'm interested to see if business improves with better people. It's trading at a substantial discount to balance sheet assets.
You can't count from the previous filing date. Well, you can if you want, but you'd be most likely wrong.
The requirements for SEC filings are based on the end of the quarter, in this case it's also the fiscal year, and related to the size of the company.
Infosonics, a 'non-accelerated filer', has 90 days from the end of its fiscal year to file the 10-K. This date is March 31, 2014.
Last year they filed a week ahead. In 2012 it was 2 weeks ahead, March 16. Prior to that they typically filed at the deadline.