principletrade • Dec 17, 2013 10:09 PM "Will be interesting to see if this moves over $50 or this is just a blip in a downward slide. People these days are now saying these multiples are the new normal. I do not believe that will prove correct as fed stimulus decreases."
5% Growth isn't bad when there are lots of companies projecting or reporting revenue and earnings that are flat or decreasing. VOXX looks attractive at 10.x times trailing earnings. I think this will trade into the upper teens/low $20's this year if the major indexes don't experience weakness.
FBR capital has increased their price target to $27. With positive results recently and a strong balance sheet and product lineup I think there is certainly some money to be made at Express buying at these prices.
Big dumb Jim! What would your cousin Earnest say about your losses here? "Good thing you knew better than Big Jim, Vern" LOL
Jamn's #$%$ results last quarter may have had a hand in the pathetic price action. You may write them some fan mail for continued weakness while you hold and lose money. This might be worth the risk below 10 cents per-share, otherwise it's clearly overvalued because the results haven't lived up to the hype up to this juncture.
All you have to do is look at his picture on bebo to see he's an idiot. He looks like Earnest P. Warrel's #$%$ cousin.
Nobody pumping here anymore. Coincidentally this stock hasn't taken much of a loss considering all the stock these guys said they bought should have totaled at least 100% of the entire company. lol
I just bought a huge pile of Suncor (SU) at 34.68 if anybody is looking for a bright Idea feel free to coattail me on this one, you all know I haven't led you wrong on a suggestion. lol
They needed to pay off their preferred because it was set to go to from a 5% rate to a 9% rate in 2 months. I really would prefer to see them sell only enough to pay off their preferred shares. This stock has such low liquidity that I believe that issue knocks at least 5% off the trading price because if you have to sell this stock in any reasonable time frame (like a few days even) There's no telling whether you could sell it at all if you have more than a few thousand shares, and there is usually such a big disparity between the bid/ask that it's almost comical. It's not uncommon to see a spread of 40-50 cents which is massive on an $11 stock.
On a side note positive.... a benefactor paid off the loan on the Gilloz Theatre, which has been a mulit-million dollar thorn in GFED's side for several years. *Yay*
With the preferred shares bought back that will FINALLY end any and all residue and tarnish from their TARP loan. That should add some confidence to potential investment here. Additionally, and most importantly, allow them to consider initiating a dividend again.
This stock is a pile of dog excrement, you may want to put a sell order in over the weekend and cut your losses. lol
I think it will be a good deal as long as GFED is able to sell the additional common stock at a high enough price not to dilute existing shareholders from a book value standpoint. Inside ownership is high enough here that I doubt they would sell the stock at a steep discount. I'm amazed the price action has been so stagnant here. Lack of liquidity is definitely not helping the stock. The earnings multiples look good, but GFED has had a history of "surprises" over the last 5 years and they are usually not positive. In their defense though, the last 5 years for the banking sector have been the worst since the Great Depression. I'm cautiously optimistic (sorry to be so cliche) and redeeming the preferred stock will allow GFED to reinstate their dividend to common stockholders. That could pay off extremely well given the current P/E multiples here. Even a $.10 cent dividend would payout a 3.6% yield which isn't too shabby and would be easily affordable without the preferred dividend looming overhead.
BTW. Bro and Patch.... Any comments you'd offer on EXPR right now. (Good buy or value trap?)
I think that $1M in additional quarterly revenues will put Marley Coffee at a break-even point as long as there are no continued losses attributed to financing issues. I honestly believe that there is a high likelihood that will happen in this quarter, but I do not currently own any stock here. The reason for that is because I do not believe that the shares are priced low enough. This is such a risky stock, in my view the risk is bigger than the potential rewards at the current price. If the market cap was closer to $10M I'd be much more interested.
This is a fairly attractive stock. Earnings and revenues improved last quarter, it's at 11.7 times trailing earnings, and has more current assets than current liabilities and have roughly doubled their cash reserves in the last year, so they are financially a strong company.
I don't know what the short term price action will do, but this appears to be a good value in my opinion.
Will be interesting to see if this moves over $50 or this is just a blip in a downward slide. People these days are now saying these multiples are the new normal. I do not believe that will prove correct as fed stimulus decreases.
Without the ironridge loss, which was not a cash loss, JAMN wouldn't have posted a big loss. It looks like around a $3.25M revenue level would put MC at a break even, and they are well on their way to achieving that. The "substantial doubt" comment was just for liability purposes, and it's in all the quarterly reports they have issued.
37% gains on top of what we've already seen is an excellent improvement! 6 months ago revenues were $800-$900k now they are at $2.2M, I'd say virtually any other business in the country would love to see that type of growth
If revenues are increasing then sales are not slowing.
I haven't been able to find the earnings release yet online (although I just looked real quick a minute ago), so I'm basing my numbers off of what others are posting.
The "Blue" variety is now rated up to #45 in k-cups (not including other varieties). Again this number bounces around, but has trended higher in the popularity rankings on Amazon.
I haven't looked through the latest earnings report, but I see revenues were up at $2.2M for the quarter.
Another think to mention, this goes up on days with low volume and drops on big volume, not a good indicator if you are long.