% | $
Quotes you view appear here for quick access.

AMCOL International Corporation Message Board

steve_382n 121 posts  |  Last Activity: Apr 29, 2016 5:35 PM Member since: May 18, 2010
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • Reply to


    by questinvest Mar 11, 2016 7:00 AM
    steve_382n steve_382n Mar 11, 2016 2:24 PM Flag

    I think the idea of having more than one type of business to spread the risk has some merit, if only because it simulates a mutual fund. They had really kind of done that already, but were unlucky enough to be in farming and energy which both tanked at the same time. What are the chances they will be able to buy something totally different, incorporate it into their current management structure and make a go of it? Maybe. Might be better to just batten down the hatches and wait for better times rather than jumping into debt for an unknown future. Surely at least the ag market will recover in the next year or so. Energy, maybe not so much. I posted an article on the IV RAVN board from a pro short. Interesting read. I am taking the other side for now and have a standard sized (for me) position long in Raven.

  • steve_382n by steve_382n Feb 23, 2016 10:12 AM Flag

    Just thought I would start a new topic for this. The company is now selling at .5 x revenues. What is to prevent a competitor from buying them out and reducing competition in the space. It wouldn't be popular in Brookings, but if they can't run the business and show a profit, maybe someone else could. Revenues are double those in 2006, while profits are half of what they earned in 2006. Changes are needed.

  • Reply to

    don't they owe us more info on last proposal?

    by algo41 Feb 9, 2016 9:43 AM
    steve_382n steve_382n Feb 16, 2016 9:56 AM Flag

    So far, the market doesn't look like it's giving this offer much chance of success either. It's trading about 10% below the "non-binding" offer price. What does that mean? We might be able to pay you that much, but we might change our mind also? It's hard to see how the SLI BOD can make an unbiased decision on any offer from a company controlled by Warren.

  • Reply to

    Ongoing Divident

    by vcat1011 Feb 18, 2016 12:03 PM
    steve_382n steve_382n Feb 20, 2016 12:57 PM Flag

    Good question. They are currently paying out more than 100% of reported earnings. They have plenty of cash, but if profits don't improve shortly, I would not be surprised to see a cut. It looks like the market is giving at least a 50% chance of a cut because a dividend of almost 5% is not where this stock should be priced. Either it's a raging buy, or the dividend is suspect. Guess we will see. Last year they made the dividend announcement for the quarter around Mar. 5 I think. Earnings are out Tuesday, so maybe it's better than we expect. Q3 is usually the weakest and Yahoo is expecting $0.02 earnings and $125 in revenues. They have seldom earned enough in Q3 to cover the dividend, so if they believe things are moving in the right direction, they could still maintain it at current levels.

  • Reply to

    ALN-HBV Delayed

    by investron Feb 12, 2016 4:04 PM
    steve_382n steve_382n Feb 12, 2016 4:35 PM Flag

    FWIW, from the ALNY CC.

    Finally, we’re also making strong progress in our hepatic infectious disease STAr. We’ve now completed the preclinical IND enabling studies with ALN-HBV that will enable a CTA filing expected in early 2016. Continue to be very excited about ALN-HBV as we believe that it will emerge as a best-in-class RNAi therapeutic in the field with potential for a subcutaneous once-monthly dosing profile, and a wide therapeutic window.

  • steve_382n by steve_382n Feb 24, 2016 9:56 AM Flag

    As they say, for what it's worth.

    Analyst James Ricchiuti commented, "DAKT shares sold off 11% yesterday after FQ3 EPS came in below expectations due to lower gross margins resulting in part from higher warranty expense associated with certain digital billboards that were sold prior to 2012. The company is still sizing potential failure rates on a component in these displays, and this issue could weigh on margins into early F17, albeit with less onerous effects. Orders were down y/o/y, although backlog remains solid, up 17% y/o/y. While the risk-reward is less attractive given the uncertainty around the extent of future warranty charges, we are going to maintain our Buy rating based on the potential for a modest recovery in demand and more gradual improvement in margins. Assuming that scenario plays out, we believe the stock is attractive, trading at 6x EV/estimated outyear EBITDA."

  • Reply to

    Analyst Comments

    by steve_382n Feb 24, 2016 9:56 AM
    steve_382n steve_382n Feb 24, 2016 10:01 AM Flag

    Needham & Company maintained a Buy rating on Daktronics (NASDAQ: DAKT), and cut the price target to $9.00 (from $9.50), following the company's 3Q earnings report. Revenues for the seasonally weak FQ3 increased to $123.8M, modestly above consensus estimates of $122.5. However, the company posted an unexpected loss of ($0.04), versus a consensus EPS of $0.03.

  • Reply to

    don't they owe us more info on last proposal?

    by algo41 Feb 9, 2016 9:43 AM
    steve_382n steve_382n Feb 9, 2016 10:26 AM Flag

    Well, Yahoo deleted my reply, so I will try again. The $44 offer didn't work, but maybe this one will at $35. Probably a good deal for Warren if he can pull it off, but not fair for minority holders.

  • steve_382n by steve_382n Feb 17, 2016 8:26 AM Flag

    I posted an article about Raven on the IV message board if interested. You could also try to google for the title.
    Investors Are Extrapolating Far Too Weak Future Results For Raven Industries

  • steve_382n steve_382n Feb 23, 2016 5:04 PM Flag

    From the CC, Reese commented on that acquisition. Maybe it is running on it's own and they haven't messed it up yet.

    Certainly, Data Display has been a nice acquisition for Daktronics and that integration is going well and I think some of the growth has to do with, they have access to products that Daktronics has as well as Daktronics has access to do products and services that Data Display had.

  • Reply to

    don't they owe us more info on last proposal?

    by algo41 Feb 9, 2016 9:43 AM
    steve_382n steve_382n Feb 9, 2016 10:29 AM Flag

    Yahoo doesn't like me today. I tried to post part of the PR twice, but no luck. Not much info about the last offer.

  • Reply to

    So this is interesting....

    by tradenuggets Jan 25, 2016 12:57 PM
    steve_382n steve_382n Feb 15, 2016 8:03 PM Flag

    Found this little blurb on JMS website.

    Board Membership: In 2014, John M. Schneider, Founder of JMS Capital Group Wealth Services LLC was elected as a non-executive Director for AEHR Test Systems. In addition to his position on the board, Mr. Schneider is a significant shareholder of AEHR Test Systems. Due to Mr. Schneider's insider status, a potential conflict of interest may exist. In order to avoid such potential conflicts of interest, JMS Capital Group Wealth Services LLC has adopted policies and procedures to address Mr. Schneider's fiduciary duty as a board member and the Investment Advisor's fiduciary duty to investors. JMS Capital Group Wealth Services LLC and all of its affiliates in no way recommend or solicit any securities offered by AEHR Test Systems.

  • steve_382n by steve_382n Mar 14, 2016 5:22 PM Flag

    I see Director Marc LeBaron bought 14,662 shares on the open market for his spouse. Pretty good size purchase, I guess. Better than a sell.

  • Reply to

    Insider buy

    by steve_382n Mar 14, 2016 5:22 PM
    steve_382n steve_382n Mar 15, 2016 8:24 PM Flag

    Smaller purchase, but Director Jason M Andringa also bought 1,500 shares on the open market.

  • Reply to

    Q4 Out on March 1, 2016

    by steve_382n Feb 22, 2016 9:15 AM
    steve_382n steve_382n Mar 1, 2016 4:33 PM Flag

    Perhaps the worm (root) is starting to turn. Revenues have stabilized, costs are getting under control, and earnings may be starting to improve. Inventories are improving. Small beat on earnings and revenues. I am somewhat positive going forward.

  • Reply to

    Ongoing Divident

    by vcat1011 Feb 18, 2016 12:03 PM
    steve_382n steve_382n Feb 29, 2016 3:26 PM Flag

    Yup, they paid it at least for this quarter. They need to get their act together though and move some revenues to the bottom line.

  • Reply to

    Why the price gains after weak results?

    by questinvest Mar 17, 2016 9:32 PM
    steve_382n steve_382n Mar 18, 2016 8:25 AM Flag

    Well, my theory, which I mentioned a couple weeks ago, is that oil and grain prices may have bottomed. Soybeans are really not that cheap. Except for a spike up in 2012 and 2014, beans are as high as they have ever been and farmers should be quite profitable with them. Corn, while still cheap, is up from an average of about $2.50 during 1998 to 2007 to the current price of $3.70. Probably about flat adjusted for inflation. And finally, oil even after this crash is at $42 or so which is higher than any time prior to the run up in 2004. If it could stabilize between $50 and $60, you might see some recovery in the exploration and production area. Raven earnings won't improve instantly, but some people will try to get in early hoping for a turn. Whether it happens, we will have to wait and see.

  • steve_382n steve_382n Mar 23, 2016 6:50 PM Flag

    From today's 8-K it looks like they are going to buy some in the $15 or so range also.

    On October 30, 2014, the Board of Directors authorized Raven Industries, Inc. (the “Company”) to spend up to a total of $40 million to repurchase shares of company stock (“Common Stock”).

    On March 18, 2016, the Board of Directors increased and extended such authorization of the Company to spend up to a total of $10 million dollars once the prior $40 million authorization limitation has been reached in order to repurchase Common Stock, effective as of March 21, 2016, until such additional spending limitation has been reached.

  • steve_382n by steve_382n Mar 4, 2016 9:01 AM Flag

    Another good report with decent orders. Wonder when the stock will start to recognize it. Also, without currency translation issues would have been much better. My question is, since the dollar is basically at the same level now as from a year ago, does that mean we will get better results going forward? Assuming of course that the dollar stays relatively flat.

  • steve_382n by steve_382n Mar 15, 2016 4:05 PM Flag

    No financial details.

    BROOKINGS, S.D., March 15, 2016 (GLOBE NEWSWIRE) -- Daktronics Inc. (DAKT) recently acquired ADFLOW Networks, Inc. (“ADFLOW”). ADFLOW specializes in delivering digital media solutions to leading retailers, convenience stores and other businesses throughout North America.

    ADFLOW will operate as a subsidiary of Daktronics from its Burlington, Ontario headquarters. ADFLOW’s workforce of experienced sales, service, and software engineering teams will continue to focus on delivering state-of-the-art digital media solutions to new and existing customers. Further terms of the agreement are confidential.