End of the year isn't exactly long term, thesis decent. Low PE, store growth expected for next 10 years in this country, doubtful everyone buy pet supplies online or even significant percentage, services look to grow, kind of like Home Depot and Lowe's sometimes more expensive than other times but rarely not a good investment. Just need to continue growing stores and dividend.
You can spend the 16% gain today at the bank. Not sure what your point is but P/S is decent with turnarounds and industry comparables. I bought CVS a few years back when P/S was far lower than WAG, it worked. Today still lower but much closer to parity, still suggests the better buy is CVS. It certainly doesn't always work and VSH and AVX could simply go down in P/S. Try it with HD vs LOW, or PEP vs KO. There is most definitely a tendency for the ratio to converge IF the comparable companies begin to execute similar. Obviously that is yet to be seen but the potential for KEM remains significant.
They explain what they are doing with the money. Short term hit, hopefully long term gain. If you can keep issuing shares at ever higher prices, it isn't exactly a bad thing from the company's point of view. And with a major shareholder buying in to hold their % interest, that 's a good sign also. You too can do the same right at this moment. I'm sitting tight for that 2008, $38.40 (or decent % thereof)
Use amazing then, I'll stick to petm. Kids enjoy going to the stores, use store services on my pet. Ever try mailing you dog to amazing for a haircut?
I was just thinking I am getting real interested in doubling down at this point, your post kind of seals the deal that the timing looks really good. Wish I was starting here but like VALE, I think this is going to be a major boomerang. But have at that short, I have all the time in the world to wait you out.
Not sure that works if a quarterly dividend but it certainly helps. I'm hanging tight don't see recession extending too much longer.
More likely $100 first as it will break down below $200 again in the next week. I like following comment, Teslas everywhere?? Yet to see one on the street, T-Trader must live in Hollywood or SF
P/S = .24 right now, AVX is 1.53, VSH is .88, so frankly on a full recovery $20 is a very reasonable target and if it occurs in 2 or 3 years, sales will be higher, so that could be a low target. Hard to say but I am staying onboard for the ride.
I'd think as it goes below $100 by a significant amount, you will have a better argument. Good thing as these overpriced stocks deflates, the rest of the market gets on a firmer footing. Good luck on finding that bottom.
and just to add this stock which doesn't really track back to the best days of shipping was at $14.75, kind of tells you the upside could be fairly extreme and most definitely a decent possibility to happen. Obviously if it was a certainty, the price wouldn't be in the $3s
Type WX, click 5 year stock chart, tell me what's the problem here. NONE. It's a Hold Forever stock until bought out someday by a much larger company.
Clearly related. Sustains big loss over here, needs to do whatever he has to over there to get a gain back. Hopefully they trace the bugs to the guy and shut him down. Really do we need shorts? Can't they just not buy the stock or sell it if they own it? These guys can cause serious damage whether what they spew is true or not. They also can make profits whether what they say is true or not. I'd be happy if they just eliminated options completely, essentially that is what caused the financial crisis, leverage with no regard to what happens if it goes against you. After all, with all these money managers, the vast amounts of the money aren't theirs anyway, they simply skim profits if their 'bets' are rights and let investors eat the losses if their 'bets' are wrong.
From the Conference Call: "Going forward, if GDP growth in the Europe and the United States picks up over the medium term, with high multipliers there with container demand growth, would easily bring the average multiplier up to 2.5. Under this scenario, a 4% growth in world GDP could raise demand growth for container transportation to 10% per annum. If this materializes, then the so-called gloom projections which are today prevalent in the containership market will have to change dramatically for the better."
sort of all depends I guess