Mlrb, Revenues are up, and more important,
operating margins are increasing. The companie's
NOL's will shelter profits for many years increasing
cash. Why not let Heska imaging pay for itself, rather
than dilute with a secondary?
Your grandfather was right. But that is another subject.
Wilson has plenty enough incentive through generous
stock options, without diluting shareholders to pay himself
more. There is only 4-5M float and you want to dilute
Do that ......and watch the share price tank.
If Wilson continues momentum I expect. The company
will have plenty of cash to pay off the remaining balance
If Carlson rubbed two nickels. He might be
able to tally 8 cents? Startek is an employment
agency employing nearly 12,000 people worldwide.
Its business is labor intensive with low margin
returns. Its paper thin operating margins are continuously
under pressure by increasing costs. Carlson has had
4 years to improve operations, in an environment where
all of his peers are doing better than he is. What is this?
A perennial Soviet 5 year plan?
So far. Startek is trading dollars and cannot put 2 positive
quarters together ,back to back. He promises double digit
returns in 2015?
Its show me time Mr Double nickels.
Jreb, I have to agree. Time for Carlson & Co to start eating
their own dog food. No inside purchases for over two years
is a tell. I'm getting tired of the fits and starts. Maybe he should
concentrate on making the existing business profitable, before
making new acquisitions? Where did you see the information
on Engine Capital?
Thanks, I found it very interesting. The date of the filing
was in April of 2014, showing a holding of 575,000 shares.
At over 3% , Engine Capital is one of SRT's largest institutional
shareholders. It seems like this activist has been very successful
in pushing for change in undervalued companies.
The latest Carbonite deal is an example.
Startek already has several activist groups who have a stake.
I too expect the company to be acquired at some point in the
future. If management continue to stumble. It could be sooner,
rather than later?
Jreb, Did you notice Engine also has an interest
in PFSW? Privet's Rosenzweig who sits on Startek's
board also is a board member of PFSweb.
Coincidence? Perhaps Privet and Engine share more
than the affinity to the same investments.