MBRG continues to impress...
Net income of $0.32 per share this quarter
Dividend payout raised 30% to $0.13 per share
Total deposits back over $1 billion
Tier 1 ratios double the regulatory minimums
Non-performing assets still under 2% of total assets
Book value up to $17.42
Sentiment: Strong Buy
From a profit perspective, don't you want them using old planes as long as possible? Why spend money when you don't have to?
Yea, that's kind of what I am saying, but R&D gets taken out of possible profits, so without the R&D expense, profits will be about 5% of the stock price, putting the PE around 20, although with the latest quarter it looks even better than that. But overall what I was saying was R&D is weighing on GAAP profits, but when it stops weighing on them, sky's the limit.
Flexing their muscles with Elysian Brewing, showing they can buy any craft brewer, any time they want.
Without the excessive spending on R&D, the PE would be about 20, maybe less. Unlike what most people think, there is profit at Amazon, it's just retained in a different way. The way Amazon does it allows them to use 100% of their money on growth, tax deferred.
Yes, but many of the stocks SWZ holds went lower 10-15% in Switzerland following the news. In the US, we do have a positive effect from currency conversion but negative effect from lower stock price in Switzerland. Initially it looks like it balances to a nominal effect. As time goes on you may be right that fears over export sales may be overblown.
They are only a relaxer because the addiction creates the stress that needs to be taken care of. Also nicotine is actually a stimulant, not a relaxer. If you want to relax drink a Guinness.
Looks like they missed the boat on Pabst. It went for pennies on the dollar to some Russian investment company. Let's hope they don't let Guinness slip away, too. Often these great beer brands only get sold once in a generation.
It's actually quite easy to argue against MO. Cigarettes have no redeeming benefits and are rather disgusting, with at least 69 cancer causing chemicals, such as arsenic, benzene, lead, tar, and cyanide.
DEO will never sell Guinness, for cultural reasons. The English love to own what's important to the Irish. If the English could own the Catholic church, they would.
I sold my shares too. It's never good when the CEO gets fired and the company gives no explanation. STZ is too expensive, but you are right that beer stocks are attractive right now - I like BUD & SAM.
Return on assets is anemic, margins are extremely slim, competition is fierce. It's an extremely tough business. But, if you don't mind all that, it's a very romantic business to be in.
Another good quarter. Net income up to 30 cents a share. Dividend of 10 cents. Non-performing assets down to 1.50%. And book value is up to $16.97 a share. However, deposits dropped 1.69% back to under a billion, and total assets dropped 3.59% from the previous quarter.