Anglo American plc Message Board

scotty410 7 posts  |  Last Activity: Mar 21, 2013 1:48 PM Member since: Jul 13, 2000
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  • However, shorts are just be cautious pending next quarters report to be released about the first day of Spring...no pun intended...

    Sentiment: Strong Buy

  • Reply to

    Predictions for numbers on March 7th and PPS?

    by robertvendel Mar 6, 2013 2:06 PM
    scotty410 scotty410 Mar 6, 2013 2:50 PM Flag

    If RAD post a $00.28 earning for the year, at conservative 12 times earnings would put value at $3.36 on stock price. i am out on limb have about 30,000 of these now, average cost about 2.00. Got in a $6.00 5 years ago.

    Sentiment: Strong Buy

  • scotty410 scotty410 Mar 15, 2013 10:02 AM Flag

    RAD invested a great deal in the past for those tax credits, like the $2 billion write-off for Goodwill...wonder if it can write that back in, and boosts it profits that way...

    Sentiment: Strong Buy

  • scotty410 scotty410 Mar 15, 2013 1:05 PM Flag

    Long term upside break-out has occured...going back to year 2000, when stock was over $50.00 a share...we had upside break-0ut of the long term downtrend line this week...it just inched its way out of the downtrend line...now the sky's the limit...odd motley fool who has been so down or rad now has found some justification, always after the fact, for this upward move. even cramer who said, 2 years ago "i am pulling the plug on rite aid," is having second thoughts too. also if you look at the historical volue chart the last 3 months have seen double to triple average volume compared with the past 4 years. i can't wait for quarterly report due out about march 22nd or before.

    Sentiment: Strong Buy

  • scotty410 scotty410 Mar 17, 2013 12:45 PM Flag

    Cramer...johnny come lately...i have been saying $3.36 and undervalued for the last 2 years...also business loss carry-forwards are good for 7 years....

    Sentiment: Strong Buy

  • scotty410 scotty410 Mar 19, 2013 1:13 PM Flag

    see zack's news on Cardinal news board...in the release zack's mentions RAD as #1 pick...strong buy

    Sentiment: Strong Buy

  • Reply to

    Thoughts?

    by travel4fun2day Mar 21, 2013 10:05 AM
    scotty410 scotty410 Mar 21, 2013 1:48 PM Flag

    Well no one reads my posts...been bullish on RAD for the last 3 years...if you can go back 3 years for bigjimbig and also scotty410...you will see all my comments on RADs financial reports and how it's management has been cooking the books for 4 years and 3 quarteers to keep posting losses and running the stock into 22 cent a share territory, bofore it bounced back to 2.17...then down to 87 cents and now up to 1.95.

    They had to post a profit, in the last quarter, or it would not be able to carry-forward for 7 years, billions in tax losses it took over the last 4 years and 3 quarters, er IRS regs.

    For example took $2billion right off 2 years ago, for intangible...Goodwill, which is required by accounting rules too. y
    Eckards take over caused the debt and then timing was just before the economy tanked too. Once RAD was $50.00 a share... 4 years ago at 6.00 Cramer liked it, but as it dropped to 2.00 he said pull the plug.

    I kept averaging down...as saw it was consolidating warehouse, distribution, co-located stores, closing losing stores, meanwhile it has been opening new stores every year too, in better high volume locations. In some stores it has deal with stop and shop type chain and has partner with them in some RAD stores. It started a loyalty program finally last year and now a wellness program. It just got better terms on its long term bonds/debt and cut costs in many areas and hired a frim that specializes in psych of store layout, placement, and ads to improve all sales. It has kept people it picked up from express scripts debacle...and more. Now look at article on Cardinal, on the news list...behind it Zack's rate RAD as Number 1 strong buy.

    Cramer is looking at it again too. Some guy who was major share holder of Eckards, Jacque Costu (sp?) owns about 15 percent now, sold some last year and institutions have about 40 percent.

    The guy who lent them most of the $6 billion, and just gave them better rates, is well respected too.

    Sentiment: Strong Buy

AAUKY
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