The next (lack of) earnings report is not about there being a huge success. It's about how many more outstanding shares/dilution and A/R collections for cash flow. I am not expecting Millions. Just hoping that Freddy has enough to cover another year to get some more prospects without more dilution to get this back to $.02
Looks like I'll hold until 3Q results in mid-November for any possible positive pop to CERP. The fortnightly PR isn't doing anything except at least hold the price at .014-.015
The whole plastic bag market will never materialize unless consumers are willing to pay a few cents to be green (which they are as is evident with the purchasing reusable bags). Walmart/Target/CVS/Walgreens/all major grocery chains would be very willing to buy them because they will pass on the cost and mark up 50% to actually profit from them. It's your major plastic manufacturers that are blocking it. They have their cheap, high margin plastic processes that are all learned out. And oil prices are dropping. There must be something about CERP that is making it very cost prohibitive to switch.
Breaking news-Fred Flintstone invents tyres made out of stone. Barney Rubble suing for half royalties. "Actually, it was all my idea originally. Fred just came up with the using our feet to move the car."
at the end of July, they announced they had 10 projects they were working for N.A. Now it's 30 projects.
relax #$%$ it was a joke. But I'm glad you think that the Oracle of Omaha would even look at CERP at all much less than 5 seconds.
In the words of the great man-"Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks."
That is a ringing endorsement to BUY BUY BUY!!! Hopefully you will be working for Cooper Tyre soon.
Buffet has been making some questionable management moves lately so this may be perfect timing to get him as he enters his foggy phase...
It's CIC for OMX mgt - not ODP. ODP is the acquiring company so not according to the proxy materials for ODP mgt. Austrian is sheep in wolf's clothing. Money Money Money that's why he is still hanging around....
Nov 2011 through 2012 vs. today - there was the hope, speculation and opportunity of being huge. Today, they executed that vision and it didn't meet the expectations.
Also they are losing more money today than when they had no sales...can't keep losing $50M/Qtr.
It just amazes me that Apollo, in performing their due diligence, determined that $35/share was a good price (which based on your cultural haggling methods, you were probably willing to pay $40). Now, because they think that is too much (since there was no push back from Cooper), they are back peddling.
Note to Apollo, fire your Finance guys-they are apparently idiots for over-valuing the company. It will be awkward getting rid of more relatives but then again-you sacked your own father.
Note to Cooper, Indians are dirtier/more corrupt at business than the Chinese.