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Rite Aid Corporation Message Board

trumpace 112 posts  |  Last Activity: Feb 12, 2016 3:14 PM Member since: Jul 13, 2004
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  • trumpace trumpace Feb 12, 2016 3:14 PM Flag

    At one point, they looked at selling this asset in 2009 and valued it at I believe 30M. It would give a needed boost but without a good plan for the money and how it would be used, it wouldn't be too long before they were right back where they started. All JMHO.

  • Reply to

    How many of you would sell your shares for 1.00 ?

    by laertes34 Feb 10, 2016 3:38 PM
    trumpace trumpace Feb 12, 2016 12:45 PM Flag

    tar/mar, that's the point too many "What If's". There was the same general "what if's" with MB. I don't think the market wants to entertain the "what if's" any longer as the pps indicates. The pps is moving back to the early 2009 lows, yet with more shares issue than then. This tells me that a R/S should happen this time around to 10 or 15 to 1. However "if" some of those "what if's" would become a fact, then they could avoid that type of activity. But that is the "what if's" hats are being hung on the rack with. This is a whole different team than what was there in 2008-09 and they may just take the shortest route to keep listed, being the R/S and I expect they will.

    As for the pps today, well the market is up 250 points S&P 28 points and yet evine can't even catch that dead cat bounce. So what is next? Well if the break the .50 mark back to .35 should happen if you are a trend/chart person. Now I do admit I find it interesting that they have pre announced pretty good revenue numbers but yet the market is in doubt.

  • Reply to

    How many of you would sell your shares for 1.00 ?

    by laertes34 Feb 10, 2016 3:38 PM
    trumpace trumpace Feb 12, 2016 8:14 AM Flag

    Yes and that announcement is what's to come IMHO first. Back in late 2008 and early 2009 the exchanges because of the market collapse, suspended that process, however that is not the case now.

  • Reply to

    How many of you would sell your shares for 1.00 ?

    by laertes34 Feb 10, 2016 3:38 PM
    trumpace trumpace Feb 11, 2016 1:21 PM Flag

    Very good sparkie. Well once the Q4 numbers are official along with Q1, then the new CEO once found will have a base to build solid growth and profitability YOY QOQ measurements. It will take less time to judge the new CEO than it did with MB as MB started with a growth company albeit slow and the new CEO will start with a value company because with the dismal MB record. That said and looking ahead and when they do find a "good" replacement for MB, we should see better results. In the meantime there are headwinds. 1. listing requirements will rise to the top..., IMHO soon. 2. The company could choose to R/S the shares. 3. Revenue could be less than expectations until they get key positions filled. 4. Shareholders could see further current management members leave to take other job's. 5. Further pps declines to .35 or below as shareholders leave because of a lack of direction while no CEO or until a new CEO is found. Too many unknowns right now for me and if one looks at the pps, many others. I am not sure what black cloud hangs over this company but boy, it needs a break. So lets hope that they finally find a very proactive CEO that has a extremely good record in turnarounds in this industry. I have always liked this company since the 1990's and admit I have made a lot of money myself but now I sit on the sidelines to see some results before making a decision to get back in. However, and again when KS took charge I could see the light at the end of the tunnel, I do hope the BOD would get that type of CEO again..., as then I'm in.

  • Reply to

    Earnings pre announcement

    by trumpace Feb 8, 2016 3:27 PM
    trumpace trumpace Feb 8, 2016 3:42 PM Flag

    re-read EBITDA s/b 4.9-5.4M

  • They are expected to have revenue in the 209-212M mark and EBITDA around 4.5-5M I believe I saw, and could make a penny. I think I read their press release right. That is not too bad really. The sell off is a bit odd as I think this is a great move to the ones that moved on (Good bye MB and RN and good luck). Could EVLV move back more? Well if they move too .2 without the hint of BK, I will enter again. If they get KS back I would enter back in for sure. But do doubt he'd be interested.

  • As they too have named a Director to the BOD. This ain't over yet everybody.

  • Reply to

    What just happened?

    by kchan9999 Feb 5, 2016 9:37 AM
    trumpace trumpace Feb 5, 2016 10:18 AM Flag

    Ether a fat finger trade or really a dumb money seller. Maybe a short seller dump of 100 long shares to cause a panic seller that had stops in..., who knows but without news it should recoup by the end of the day, if there is nothing to back up the move to take the shares down. Good for those who bought under 8. We sure have something going on with the trading activity on this stock. Maybe black swans who know this stock is worth 3X where it is. ALL JMHO.

  • Reply to

    Got mine today

    by trumpace Feb 3, 2016 9:55 AM
    trumpace trumpace Feb 5, 2016 9:23 AM Flag

    jazz you may get your wish considering the Q to be announced is still for the previous year. However if they had a really good Q then we could see a double quickly. Everyone will be watching what the guidance is and their plan to get to 42M for the new year we are in now. This will be an interesting year IMHO.

  • trumpace trumpace Feb 5, 2016 9:10 AM Flag

    I too am curious also what is moving the pps. However pre market is always suspicious since it is very thin trading. But if it opens at the current .96 that would be very nice day indeed.

  • Reply to

    PPS is not reflecting real value

    by trumpace Feb 4, 2016 8:42 AM
    trumpace trumpace Feb 4, 2016 11:30 AM Flag

    homerunguy, take a look at the float. BZH should move quickly to 17 at the least. IMHO this company is worth $35 if not more, that is $7 pre split. BZH is an unloved by wallstreet company IMHO. So when they see that BZH is improving in a difficult market as it did for the one announced, I expect we will see explosive moves, especially if institutions come to the table. With spring coming and interest rates on the rise people will want to finance a new house before interest rates move up too high and 2016 could be a great year for housing. ALL JMHO.

  • Reply to

    Extortion....aka Carriage Fees

    by tarzanevine Feb 3, 2016 7:10 PM
    trumpace trumpace Feb 4, 2016 9:01 AM Flag

    jumbo, I agree with your remarks on the carriage fees and channel positions, but add that these were negotiated by KS and MB is just benefiting from them. MB and this CFO are failing IMHO because they lack the ability to keep cost down and deliver higher margin products..., in other words performance is again lacking. Evine (which reminds me of bovine) was a huge mistake and showed a lack of care to shareholders benefit. As for the $2 per share comment. I don't think 1. it can get there this year and 2. The fact that hoping for $2 when the stock was $7 to me is sad..., very sad as shareholder value can not get traction under this management team at all. It's like they don't care about the shareholder..., which is an ego issue and we know MB has had problems in the ego area in the past. JMHO. Show me a few Q's with growth and profitability and I'd consider buying back in..., for now I will sit on the sideline.

  • Todays earnings shows BZH is in better shape than when the pps traded 24 per share. The disconnect from real value and the market has a oversold spread greater than I have seen since the housing crisis yet does not have the reason the housing crisis had. Thus the potential for BZH to triple from here is huge IMHO. By the Q numbers a 12 cents beat is worth more than the pps reflects IMHO. IMHO BZH is way oversold and way undervalued. AJMHO

  • CEO bullish statements for guidance for 2016, especially for second half. 2016 is setting up well. Now the guidance for 1st Q is "-1 to up 4% compared to Q4 is reasonable and IMHO typical of this CEO's conservative reach. That said, the company, from a historical prospect should come in on the upper range. If so and compared to Q4 their typical best Q I would give this an outstanding guidance. JMHO.

  • Names a director for election for up coming annual meeting for TICC. I will be voting for this director.

  • Reply to

    MB - $1M Paycheck

    by connect_the_ooo Feb 3, 2016 12:14 PM
    trumpace trumpace Feb 3, 2016 3:55 PM Flag

    KS will not come back..., trust me.

  • Reply to

    Negativity

    by tarzanevine Jan 31, 2016 3:38 PM
    trumpace trumpace Feb 3, 2016 11:46 AM Flag

    sparkie, The BOD is hand picked and will do nothing to MB IMHO. I'd like to know what Cannell is doing..., is he shorting? What about the Institutions that backed change in management. KS was a detailed leader whereas MB is not and VVTV was making progress in shareholder value albeit slowly. But I would argue that slowly wins the race. MB really has no real plan and shoots from the hip vs. doing real hard research before moving forward i.e. the evine transaction as an example and the change from ShopHQ and the 1970's hippy colors logo. I just regret waiting until $3 to sell, but am glad I am out of this mess. I do feel sorry for those who have held like tar/mar in hope that MB knew what he was doing but the pps is signaling it isn't so IMHO. MB IMHO will revert back to watches shortly like many of the past CEO's who proved not to know the business have done. If MB were willing to keep his ego in check, he would revert back to ShopHQ logo and make the web site look more professional without the hippy colors. ALL JMHO.

  • Reply to

    Negativity

    by tarzanevine Jan 31, 2016 3:38 PM
    trumpace trumpace Feb 3, 2016 10:23 AM Flag

    If EVLV closes below a buck today IMHO it goes back to 68 cents. Someone knows something or the trend line would have moved along with the market and not have moved twice as bad. IMHO the earnings for Q4 could see a revenue decline of 7-10% at least that is what the pps is signaling so far. That is my guess anyway. Unfortunately shareholders will not find out until March sometime. MB still no communication to shareholders while the pps continues its fall. Very odd.

  • trumpace by trumpace Feb 3, 2016 9:55 AM Flag

    Participated in the rights offering and over subscription and got all of them for a hair under .09 per share. I doubled up my share count. Now it is up to management to perform to expectations.

  • Reply to

    FCC Auction

    by tarzanevine Jan 30, 2016 12:25 PM
    trumpace trumpace Feb 1, 2016 2:58 PM Flag

    It seems odd that low volume was the norm fa long time. Yet now that the Q is done (if it closed Sunday) and since the volume has doubled today, does someone know something about the result? I would hope nothing leaked out to buddies on possibly bad numbers. I don't think that management is that dumb to do that IMHO. ALL JMHO based on nothing known. Just seems a bit odd...., todays drop today to a new 52 week low.

RAD
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