Ha maybe you should actually listen to the CC? It's still available. Less than 22 minutes long. Please tell us where they say Q4 will be a bit weaker. It will take some time as they never do.
On the other hand listen to just before the 15:00 mark. That's where you will hear them say the business climate is positive, and they should continue to show improving sales & resulting improved financial results.
I'm not sure what to expect for Q4. They had a large order ship in Q2 & Q3, which won't be in Q4. So a small loss is certainly possible. But it should be a dramatic improvement vs. the prior year. The more important thing is the future outlook. And it sounds like on the last CC they were working on a LOT of orders for 2015. As for DirecTV, he stated on the CC that once they got DirecTV approval, they should see "significant" additional sales. So we could see another big quarter in Q1, which will make for an awesome comp vs. last year.
Yeah the company earned .06/share in Q2 last year. Then a whopping .09/share in Q3. On the Q3 conference call, they said they expect sales to continue to increase and financial results to continue to improve! Not sure why anyone would give away their shares in the $1's. BDR has the potential to double or triple from here in 2015.
It's great news! DirecTV will now be offering BDR's latest encoder product. They're going to be ramping sales even higher now! And the company was already putting up impressive earnings. Anyone who would sell today is crazy. But I gladly took some of their shares below $2. Sky's the limit now. $3, $4, $5 all possible this year.
Yeah I would not be surprised to see FONR acquired. But it won't be for $700M. Current market cap is only $64M. An acquirer may be able to get it for $100M, and they would be absolutely stealing it!
I did listen to the last CC. Uh what was it exactly that got you excited? I didn't hear much.
Was just about to post the same. Oh and the broader market is soaring today! Yet someone is giving away their EVOL in the $8's. I don't get it.
Nice post! And I'm with ya. This stinky broader market not helping, but PESI seems crazy cheap. Interesting that your post got 10 thumbs down? What? Anyone care to share the bear case? Maybe it was just one person. I can't imagine that many people would give a thumbs down. Even if they didn't agree, you clearly laid out the reasons you think the stock is undervalued and why you're buying. Yahoo needs more posts like this. Instead of mindless pumping like PESI going to $10!!!! Get in NOW!!!
Yep totally agree! Will gladly keep buying a growing, profitable software company on Nasdaq that pays out a hefty 5% dividend yield.
30 seems like a stretch, but with some 3D hype...who knows. Anyone see this comment from today's investor presentation?? From Slide 16:
We will be delivering more new products in the next nine
months than at any time in our history – with a strong focus on
the 3D Scanning Solutions market.
Thanks but I don't know if there's a big rush to buy RCMT here. I figure fair value is around $7 (which would have been $9 before the dividend). I think there are much cheaper stocks out there with more exciting upside potential like FONR and PESI. Oil stocks will bounce hard at some point, but from where? I've tried to time the bottom on some energy names, with little luck.
Was only for a second. But bid was over $7 for awhile. I know because I was selling. Think it's fairly valued there.
Well I tried to tell ya guys! High of $7.33 this morning. And that's AFTER the $2/share dividend was paid. So an adjusted $9.33. Stock was around $8.10 when I made my post. Easy 15% gain in 2 weeks!
Huh? If they're paying a $2 dividend, the stock will drop $2 to reflect the $2/share dividend just paid out. I thought everyone knew this, but I guess not. I've seen total junk companies pay out a large dividend and zoom up to the dividend date. My point is that RCMT will actually be an undervalued company at $6.15 after the dividend is paid out. And it will rise back up after the next earnings report, if not sooner.
Why not own both? I think both stocks are attractive. DAIO prob does have more upside. But with the CEO buying on BSQR, I feel like downside is more limited on that one.
Of course. My point is when you look at the fundamentals of this company, it's worth $8 AFTER the dividend is paid out. So yes stock will drop $2 on dividend day to $6.15. But then it should appreciate back up to $8-$10 as earnings growth continues. That's why it's such a bargain here before the dividend payout imo.
You get a special $2/share dividend at the end of the month. And the underlying company has great fundamentals. Look at the last earnings report. Q3 earnings of .15/share vs. .09/share on a 12% revenue increase and a 57% increase in operating income. Outlook sounded very upbeat. The fact they're paying out such a large dividend only enforces their bullish expectations for Q4 and beyond. I think the underlying company is worth at least $8/share. So you're basically getting a $2/share for free if you buy before end of month. Don't find many deals like this!