Firstly, it is not known how much of bonds vs shares (dilution) will be used.
Secondly, if some investors (future bond holders) are willing to fork a big chunk of money to the company, it has to be that they believe they will see their capital back.
Thirdly, unless rare earths become suddenly very abondant (illogism), and not needed anymore in any industry, then it's only a question of time before you see their business coming back.
A very good sense of humour.
Because as soon as you become a shareholder, people can only laugh at you at buying such a crappy stock.
You hear Dan Niles talking about some good stocks, then he cracks his usual joke "I like GLUU". It's because he owns a hamster that he named GLUU. It's because he doesn't go anywhere, like a glue stick, for 5 years.
Keep watching GLUU!
ZNGA in the last 4 years was able increase their revenue from $19M to $1.1BN
GLUU in the last 4 years was able to decrease their revenue from $89M to $66M.
Now there is a bunch of clowns who are all excited because their "adjusted" revenue may reach $94M for 2012 if all planets are rightly aligned.
GLUU is a fricking joke, like the clowns pumping it.
And some are wondering why the stock price is going nowhere...
When investors have to rely on two quarters ahead prediction, by the CEO between-the-legs-crystal-ball, based on some bogus adjusted revenue + non-GAAP earnings just to breakeven, you know that this company is for entertainment only...
They will talk about several solid stocks, but they always have one pet of a stock that is not only weak, simply ugly. Perhaps it's their way of giving to charity, but you will hear them having such kind words for the ugliest pet you have seen in a while.
Niles is one of those analysts. He follows good solid companies, but then he throws swiftly in the air that little pet of a GLUU, for years, the poor is full of fleas, so he can not extend too much of good comments about it.
Until one day, after years and years of cuddling the little ugly one, the analyst realizes that he has given enough to charity, and send the poor one to the vet for euthanasia.
I have already talked about their bogus non-GAAP, adjusted still-in-the-red numbers, why should I not entertain my self by looking at guys like you stuck in the GLUU...
Enjoy your day, it could have been a lot worse if the stock market were in a bad mood...
Walking with a stick of GLUU squished under each of your shoes must be quite challenging. A kind of being stuck in the mud.
Try the Carlson Key-E method, in case it would help.
A complete frothy real estate sector in Canada:
What RONA, the main hardware store in the country, has done during those years? From $25 to $8.50 Now around $14 thanks to the failed LOWES offer.
Two badly managed companies joining bad management together? Ridiculous.
If they put their product into a Carlson Key-E device, they will appeal to both genders, and there is no limit on the potential revenue. A little bit like Facebook that seems to appeal to 900M people. The difference with GLUU is that the monetization will be automatic, to get it you need to pay.
Good luck to all shareholders, waiting for the breakeven event to be brought by Santa Claus himself in December.
"We are proud to present our full year 2018 results. From an adjusted $94M in 2012 we have reached now the impressive number of $95M adjusted revenue, or $80M not-bogus real number. Reaching this level of revenue is astonishing, as per our specialist analyst Dan Niles. Our non-GAAP earnings are now at the unbelievable number of 0.01/sh, or GAAP -$1.10/sh if we count everything we are suppose to count in real life, but we live in a virtual world after all, and our shareholders are not the brightest in town. We want to thank especially Dan Miles for his pumping in the last 8 years, it sure have helped to maintain our share price at around $4, since our inception in 2007. See you all for more amazing numbers next years."
Adjusted revenue, non-GAAP earnings, etc. what a bullcrap.
It has always been used by companies with bad numbers trying to look better.
Perfect for thick investors who badly want to see green where there is only red.
Easy to identify, lots of fleas, toothless, can't bark, around 5 years old. Saddly he has rabbies.
If you see him, just say "crawl" and he will. It's his specialty for 5 years.
Since the announcement of the offer to RONA, the sheer volume of selling can only come from institutions not agreeing with the management.
As long as the company will continue to say they want RONA, the stock price will continue to stay low or tank more.
If they offer more, it will tank more.
before thinking of taking over another company abroad.
I agree with one poster who said they should invest in their own business first (including employees).
The stock price of LOW is about the same as it was in 2003, it gives an idea of the confidence of investors.
That move to acquire RONA is terrible. RONA has been badly managed for years and its historical stock price demonstates this clearly. Its a mix of big and small surfaces, with some of them managed only, while others are owned. RONA, the company itself, is a mess, while some stores with owners are thriving. I know one owner with 3 big surfaces, the first one was paid off within one year only. Extremely lucrative business when it works (well managed).
LOW, a badly managed company, trying to acquire another badly managed company RONA. The perfect combination for a bigger disaster.