Yeah Capital Cube is a joke! It's just a computer plugging in numbers. No real analysis. Don't think anyone takes it seriously.
They LOOK good. Unfortunately most of the improvement was on the provision for bad debts line. From a loss of $762K last year. To a gain of $470K this year. Obviously provision for bad debts is usually a loss. So earnings should have been more like .35-.40 on a normalized basis imo.
Do you not understand the difference between bookings and backlog? Bookings were $5.2M in the quarter. Backlog increased to $7M at quarter end.
Eventually LPTH will start to show revenues closer to $5M/quarter. With their strong gross margins, going to make for some nice EPS.
Umm did you not see the VERY strong bookings number? And this was their seasonally weakest quarter too.
Bookings were $5.2 million in the third quarter of fiscal 2016 compared to $3.6 in the same period of 2015 and $5.1 million in the quarter ended December 31, 2015.
Ha I made a fortune on VSCP. The stock is being acquired BELOW where I sold most of my shares. Keep thinking anyone who has a different opinion than your own is automatically a fool. You've been here for years? Oh so you've ridden this stock down from $10+ while the rest of the stock market has soared. And I'm incompetent?? No wonder you're so angry.
Saw that but they must have many more lined up? Otherwise they're pretty stupid for thinking so many shareholders would vote for a takeunder. Oh sure the stock may be worth $6+, but I'll gladly sell at $4.05 instead.
How many shares does management own? I'm guessing well over 50%. They wouldn't have spent the time putting this deal together if they didn't have the votes.
Just saw the news. Guess that explains the strange earnings delay. Announce the release date last month. But they weren't going to announce the numbers for several more weeks. And they were reporting a month later than last year.
At first when I saw they were being acquired...thought I had missed out. Then I saw the price. You guys are right to be upset. What a lowball offer! I would have figured VSCP might be worth $6-$8 to an acquiring company. Especially since Q4 was a nice quarter. Small profit on strong revenues of $3.7M.
Expect the lawsuits to fly next week. Maybe they'll get a competing bid, but chances of that are usually remote. It's a definitive agreement with both parties agreeing. Think it's a done deal. CC should be interesting. Going to be a lot of angry shareholders!
Wouldn't short a stock in the $1's. But it will drop back soon. The "growth" was all from the acquisition. The Vexigo acquisition has been a complete disaster. Where are the big profits we were promised? Q4 another disappointing loss. And Q4 is seasonally a strong quarter. I'm not sure why momo traders chased this stock up 60% today. When I saw the lousy results, I thought the stock would be down today.
I'm scratching my head. MTSL reports yet another disappointing quarter. And the stock skyrockets! Why are people buying over $1? It'll give back all of today's gain very soon.
It's possible. There could be a buyout or something. But you have to play the odds. They're reporting Q4 results a MONTH later than last year. When a company reports earnings much later than they typically do, 9 times out of 10 it's bad news.
Very strange indeed. Yes last day to file their 10K. When I saw today's news, at first I thought it said March 3rd. Then I was like March 30th? They usually give an earnings date a few days before the actual release. Weird. Sure you guys won't believe me. But announcing their Q4 the last possible day in March after announcing in late February - early March in prior years....is a bad sign. Usually companies rush out great numbers, not delay them til the last day.