"A conservative way to look at it would be that the average new agent station may be $1 million to $5 million of incremental revenue. And as a percentage of their gross billing, just to kind of -- I think, kind of keep it conservative, maybe think of that contribution of being 7% or 8%."
So closer to $1.5M on $20M of new agent station revenue
I don't think that's true any longer RCG disbanded a while ago. It's Ramius capital grouip ie Cohen Strauss and some other guy. Solomon.
PJc has had some truly great, blowout numbers the last few quarters. and the stock is about 1.4x book value or around there. PJC and Cown are very similar, smallish ibanks with large asset managers. and if the best pjc can do is 1.4 . . . then the top for cown might be around $5, and that's with great numbers.
"We have more positive things going on in our world RIGHT NOW than I can ever remember and most of those things REALLY aren’t going to begin to show up until the quarter of December. September is almost closed and so that’s kind of our current world given some things that we hope to be able to kind of get at in action against that we’re looking at, we believe is only going to be INCREMENTAL FOR THIS QUARTER that we’re looking at now. "
So what he's talking about is going on RIGHT NOW in the Sept qtr and has already shown up in the Sept results (INCREMENTAL FOR THIS QUARTER) but won't REALLY show up in size till Dec qtr, which must mean that it's organic growth, because if it were an acquisition, we would know about it. That's what it sounds like to me. Remember that CHRW and other truckers are on fire, so buying the line haul network probably accounts for most of the growth in June quarter. It probably also accounts for many of the new stations (for instance, OTE has a service to San Diego).
what, you didn't read all the way down to paragraph 6? yeah the company is going private. stock is wiped out. I guess they didn't even feel you deserved to be told that much.
is this true? ok shos would lose some of the high margin dent and scratch inventory, maybe. but what would sears bankruptcy entail? would the entire sears inventory and brands and real estate be liquidated? that seems unlikely. the debt would be cut, some stores sold, shareholders would get a haircut (except for lampert, who would convert debt to stock). but sears would not cease to exist. that's my WAG
does that include the contingent debt ie the earn outs? doesn't look like it. I think you have to figure that BC will do some deals before now and then, $6 is definitely a possibility. maybe even a network, that would get the stock moving. or a truck broker.
interesting that untek still trading despite the complete lack of anything going on here except the bondholders trying to squeze out a few more bucks. so when do we get the recap/reverse share split? will the shareholders see anythign in that scenario? I don't know. I think at 10c this isn't a bad lottery ticket. remember the bondholders are in at 1c so there's got to be a floor at 1c, right?