He needs to do his job, which is to act competently.
Part of that is to make money.
But I, too, am betting on a bright future.
Despite others who have been waiting all last week for the report, I expect them to issue it after the close of business tomorrow, followed by their earnings report the next morning before the opening. They don't want, or need, to explain things twice.
You say that you expect that the results will be a disappointment, but that will present you with a buying opportunity - you mean that $4 is not low enough? and how low do you think it will go - $1, or 2 or 3 ?
And if a buying opportunity presents itself, why shouldn't Hero do a share buy back and take advantage for the better of shareholders.
I am optimistic about hero, but I disagree with some of your logic.
but after a nice jump, we are under 12 again. this is not a very well traded stock, so I speculate the we have just seen some more sellers unloading, and affecting prices.
I speculate that the jump to 13 was a result of some buyers believing that soccer and arms sales jumped a little. I'm hoping that we see that in the results coming up, and we form a base of 12.50.
I think we need to see the next set of earnings. Last week at this time I thought we were breaking well, with some investors believing that the soccer sales were increasing earnings, but now that seems to have leveled off.
but this seems to be a value stock, and we should be able to weather a correction. but I am usually wrong.
Christmas wasn't a good quarter this year, and started the slide.
That said, if it were to go under 28, the dividend would be nearly 5.5% (assuming no reduction in dividend, which, absent a horrific problem, is a good assumption). And 5.5% for a stable company is truly exceptional in this market (again, assuming no truly big increase in interest rates). And I think a few bad or so so quarters are already assumed.
I personally think that they will turn things around in the next few quarters. They have just had a little bump in the road.
We should begin to see some more articles that Disney, although a great stock, is simply too much at fair value. And we should wait to buy on a dip. Just like they said at 40; and then at 50; and then at 60; and then at 70; and then at 80; and then at 85.
This is one quiet board.
I like to think that, for the reason state above, that we will have a nice surprise this quarter.
But, then again, no one is listening.
There seems to be few posters on here. I recent bought some stock. I like to see an educated board - sometimes I pick up on something.
I posted yesterday that the US soccer continued streak was good. That is supported by Nike - which came out with good earnings based on increased soccer sales. Nike is up by 2 - 3% in after hours/pre-market trading, and I would like to think that we will see a similar increase for Big 5 today. I think we may see something over 14 by the end of August.
I'd like this to be a long term stock of mine - any thoughts?
U.S. Soccer survived today - look for more soccer sales from BGFV. Tiger returns - look for more golf sales. This quarter might just be ok.
I belong to a strange site (inboxdollars) that pays you to look at emails and related things. A coupon for Big % came up on one of the emails. It wasn't the best site, but they are saying they are working on it.
And is there any reason for today's bump??
and hopefully that is what happened - they asked for some bribe money, hero said no, and it got broken off. bribes have a way of coming back to haunt you.
IF the market was concerned that the Angola deal was a dangerous deal, and IF they have another deal lined up, then the market will act positively.
But those are two big ifs.
And I find it strange that the HERO had had a nice move without anything announced. One would suggest that there was some leakage of news causing the rise - is the above the good news???