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Appliance Recycling Centers of America Inc. Message Board

snds10 57 posts  |  Last Activity: Jul 20, 2014 12:14 PM Member since: Aug 5, 2003
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  • snds10 by snds10 Jul 20, 2014 12:14 PM Flag

    IMO just a matter of how much it will go up on earnings release day. Clearly they are getting nice margins and that's not ending with corn well below $4 and very weak. Wouldn't surprise me if adm or some large company buys them out. Too many reasons to buy the company. My guess is after earnings all the analysts will be dramatically raising yearly guidance etc. Stock could easily double yet this year. Have a nice day.

  • Reply to

    Price to book is 1.3

    by mpower430 Jul 19, 2014 11:59 AM
    snds10 snds10 Jul 20, 2014 12:06 PM Flag

    In my opinion price to book for this company means nothing. The earnings and relative growth of earnings and revenues are the best measures. To me it won't be cheap until it trades at deep discount to book or earnings appear stronger. I follow FLL which has a book value of $4 per share and is trading at $1.39 or around 35% of book. A true deep discount to book but the problem with both stocks is the power of the earnings or lack of earnings power. Its yet to be determined how this year will be for GV but I think it has a lot more downside than upside. I hope gv does great for all the longs but my guess is much lower share price by years end. My guess is it will drift slightly lower up until earnings release then drop much more. Maybe there's something I'm missing but I've been 100% correct in last 12 months on gv. Hope I'm wrong for the longs. I have no position in gv now. Have a nice day.

  • Reply to

    FLL gets another life

    by adubzz11 Jun 30, 2014 1:39 PM
    snds10 snds10 Jul 6, 2014 6:04 PM Flag

    They are going to partner on a casino,.... how? They can't get financing for the other casino and now they are doing a deal? Seems unlikely but who knows. Last quarter they were in default on their loans and got a one time pass go! I'm still only a watcher. Seems too risky for now. Have a nice day.

  • Reply to

    If this company hadn't been around for years,

    by dalton880 Jul 5, 2014 10:23 AM
    snds10 snds10 Jul 6, 2014 6:00 PM Flag

    I think you're correct that either mgmt thinks there's a lot of work coming or just taking a big gamble on equipment leases etc. I hope it works out for you but to me it's very risky at current levels. dalton880 are you in peix? I saw a post there from you and curious if you took the leap. I'm in gpre long call options. Corn is dropping every day and looks very weak and the ethanol margins should be getting even better going forward. Good luck on GV will be very interesting quarter to see if they pull it off or not. Have a nice day.

  • Reply to

    Current Corn Crop Planting

    by derkampfer Jun 3, 2014 9:29 PM
    snds10 snds10 Jul 6, 2014 5:54 PM Flag

    I don't know what the earnings will be but I'm guessing they will be strong. It's fantastic it keeps drifting higher before earnings later this month. I think the potential cash flow they can produce will rocket the shares much higher. It wouldn't surprise me if it goes up double digits on earnings day. Corn keeps going down and oil stays up and the margins are only getting better. I've still got all my 25 and 30 Calls and will not be selling anytime soon. Have a nice day.

  • Reply to

    Bottom?

    by wrgrace88888 Apr 9, 2014 9:48 PM
    snds10 snds10 Jun 15, 2014 5:16 PM Flag

    Yep you nailed it. It's been a tough few months for the company. Could be close to a bottom but mgmt. didn't seem too positive last quarter. They also didn't seem like they were closing the doors either. Banks should support them through this downturn. The next quarter report will be the biggest in a long while. I'm still not long but looking very hard at this company. If they get back to normal business it could move back to $3 but it's a scary time.

    So what's your guess going forward?

    Have a nice day.

  • Reply to

    2Q2014 Earnings Estimate

    by heptikus May 18, 2014 2:16 AM
    snds10 snds10 Jun 13, 2014 4:29 PM Flag

    Ok I'm at $17.9M for 2nd qtr. Good to put it on record our opinion! Have a nice day.

  • Reply to

    Offering to buy 30K shares today at $1.55 today

    by dalton880 Jun 13, 2014 3:06 PM
    snds10 snds10 Jun 13, 2014 4:06 PM Flag

    I agree it can drop day after day and its some game playing? Maybe people want out bad enough to drive it down. I hope for longs they have a good quarter since I have no position. Good luck to all. Heptikus what's your guess on 2nd quarter revenue? Have a nice day.

  • snds10 snds10 Jun 12, 2014 6:28 PM Flag

    Good way to average into stock buying a little at a time. Good luck. Have a nice day.

  • Reply to

    strong CEO comments from shareholder meeting...

    by dalton880 Jun 8, 2014 9:18 AM
    snds10 snds10 Jun 12, 2014 6:19 PM Flag

    I'm sorry to be vague. To be exact I'll say $17.9M for the quarter. Have a nice day.

  • Reply to

    strong CEO comments from shareholder meeting...

    by dalton880 Jun 8, 2014 9:18 AM
    snds10 snds10 Jun 12, 2014 6:18 PM Flag

    I hope you're assumptions work out well for you. Could drift back to $1.60's or even lower in coming weeks. I'm going out on a limb and saying revenue for Q2 will be less than $20M and could even be mid teens. If they do mid $20's revenue it could get back to $2 quickly, but I've said my guess. Have a nice day.

  • snds10 by snds10 Jun 12, 2014 6:14 PM Flag

    Stock is holding up well with decent volume. Doesn't seem like it will take much volume to get it really moving higher. I'm holding out hope for recycling and replacement growth and news. Not sure how ApplianceSmart stores are doing but always seem busy when I go there. Have a nice day.

  • snds10 snds10 Jun 10, 2014 12:05 PM Flag

    Please put your sell limit order in today. I'm able to fill it for you. Thanks. Have a nice day.

  • snds10 snds10 Jun 10, 2014 11:54 AM Flag

    Yes I skipped it because I notice somebody else is putting in tiny little orders at .65 for the Sept 2.5 put. Are you saying if I put in an order for some 2.5 puts you'll fill it today?? Have a nice day.

  • Reply to

    This stock looks too cheap,why?

    by dodsonab Jun 7, 2014 10:45 PM
    snds10 snds10 Jun 8, 2014 8:19 PM Flag

    It is too cheap IMO. I think with another quarter or two of good earnings the stock will move much higher. At a p/e of 5 it's crazy cheap. That's why when the last quarter was released it moved higher on over 1M shares. It's traded about another 1M shares in the weeks since earnings release. There are only about 5.5M outstanding. It won't take much for it to double in price. I've been buying more the last few weeks. Kind of continues to be a no brainer stock. Add in the epa guidance coming with the carbon credits they produce can only help. Possible expansion of the GE backbone for Home Depot from 13 states to eventually nationwide!! I think it's a good bet it will move higher. At lease I'm long!! Have a nice day.

  • snds10 snds10 Jun 6, 2014 10:33 PM Flag

    I've followed this company for about 16 years. I don't care what you think about my knowledge or background. I've been 100% correct on my analysis of what was going to happen. I predicted what happened last quarter while you and others spew lots of positive #$%$!!! #$%$ #$%$!!! You've been wrong and lost your money. I have no position in this company. I don't care about your #$%$ you spew to try to lure people into your scam. Spewing #$%$ is not necessary but you and other continue to say $150M in revenues and $.50 in profit. It's not happening and you've been wrong and seem mad that you're losses are mounting. I'm sorry you're in love with this company but I'm not going to let you spew this #$%$ without saying something. Have a nice day.

  • Reply to

    Current Corn Crop Planting

    by derkampfer Jun 3, 2014 9:29 PM
    snds10 snds10 Jun 6, 2014 9:43 PM Flag

    I agree with you. Just bought some 25 and 30 calls today to get my feet wet. Haven't had a position in this company but seems very likely to be moving higher. Corn likely to stay the same or go lower. Margins looking very good. Forward valuation fairly cheap. Have a nice day.

  • snds10 snds10 Jun 6, 2014 9:40 PM Flag

    No matter how wrong I think your analysis is, you're 100% correct about mgmt. not returning calls etc. Mgmt could get sued if they say the wrong thing and with the stock performance its a more real concern than ever. Most small companies if you call and want to talk to the ceo he/she will talk to you. Doesn't mean you will learn non public information but you should be able to talk and not get ignored. I'm not trying to bash the shareholders when they're down but please please please be careful with this company. It might fall of a cliff faster than you think. I hope I'm wrong. Have a nice day.

  • Reply to

    Another Good Day

    by rural1962 Jun 2, 2014 11:34 AM
    snds10 snds10 Jun 2, 2014 12:11 PM Flag

    What have you heard about this? I'm traveling and excited to hear more about this news! Have a nice day.

  • snds10 snds10 May 30, 2014 6:36 PM Flag

    I put in orders yesterday for 200 contracts at a time. Just putting my money where my mouth is but nothing got filled. Have a nice day.

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