Skullcandy, Inc. (SKUL) Message Board
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Hi o08, Hutch's current quarter ending June 30 and Q4 ending Sept 30 will be their last two showing a loss for several years. A string of ever increasing profitable quarters will begin with Q1 starting Oct 1st. Every Q of FY14 starting Oct 1 will be very profitable and I expect EPS of 80 cents to 100cents for FY14. Don't believe me, just go back and listen (in order) to the last 3 conf calls. At the same time breakeven has decreased from 120mil ships to 104mil ships, their market share will start ramping up hard starting next Q. Low 20s now, 35plus within 24 months, EPS pushing 2 dollars for FY15.
Time will tell for sure as hindsight is 20/15. Cheers. -
No. The magnitude of the swing is in proportion to the recent rise. Same thing happened today with many others....such as UVE, such as BODY, etc.
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Looks like GME will take 50k shares at .42. Heck-why not buy on the open market up to 4.9999% of issue?!
by emoryhowie •May 22, 2013 5:08 PMemory, did you fall off a truck and bump your head? why the obsession with GME and MCZ? you can't possibly believe the garbage you are spewing?
As long as you are enjoying yourself, more power to you....but you're the only one enjoying your posts.
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all involved. Good for the market, very good for HTCH. These sorts of days are needed on the way up. Shakes out those without conviction and makes for a stronger base from which to rise.
Even the one day chart for HTCH is telling. Lots of buyers stepped in in the 5.20s and 5.30s. The size of the buys was impressive. My hope is we trade sideways for a few days or weeks before the move up continues.
My personal belief is HTCH crosses $15 within 12 months. They are in the low 20s with respect to market share and there seems to be a reasonable chance they get back to 35-40% in CY2015. The stock will trade in anticipation of that so that is why I expect $15 in 6 - 12 months. Also likely we go way beyond $15 within 2 or 3 years. Listen again to the last cc...while Hutch has always had the best quality and reliability and technology, they are also now (for the first time in their history) well on their way to being the low cost supplier as well. Western Dig and Seagate have many drive programs and I would guess most (today) do not use Hutch. As the superior Hutch overall performance reaches the drive guys bottom line it seems likely Hutch parts will begin quals on even more WDC and STX programs.
Someone commented that the shorts had their way today. Nothing could be further from the truth. Sellers had their way today, no one is shorting HTCH. Short interest will continue to fall.
I'll bet my left one that we see more insider buying within the next several days.
Cheers all. -
The only reason I "found" CGR is because I was looking where you've been posting. That said, I did look at 4 or 5 of the other "junior" miners and came to the conclusion that CGR had the best chance of being a good stock pick.
In all my years doing this, I have rarely lost money by buying a stock with a chart that looks like CGR when it is trading near a bottom trench. If it goes to .25s I buy more, if it goes to .22s I buy alot more, and so on. They are not going out of business and at some point they will again be hot. Their fundamentals are ok.
Today's PR was interesting. I suppose these sorts of companies come out with that sort of PR all the time. The good thing about it is it increases their reserves but the best thing about it is it shows the potential for significantly lowering their cost per ounce (or whatever the correct measure is).
Thanks for finding this one. -
I'll bet there is a great big bid sitting at 2.50 or 2.45 and that is why they are trying to walk it down to fill....or not. Just killing time speculating as we wait for next week's update. Cheers.
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I've just joined the party. Bought a little CGR a few minutes ago. Will continue to average in over the next few weeks.
In 20+ years of investing/trading, I've never before bought a mining stock. Seems sort of like a small insurance policy to me.
Cheers. -
I obviously don't qualify for a "smart guys" title....since I can't quite figure out your message.
I assume RFP is Request for Proposal...or is it Request for Quote? I'm not certain what Meggitt is? Or where the 99mil comes from. If you could elaborate a bit, that would be great.
On an unrelated note, I sent an email to VirTra/Miller asking about the details on when/how/what price Ferris' ownership stake went from 6.6mil to 15mil shares. They received my email yesterday morning, but no reply yet.
Cheers. -
Hi smay, I think the upcoming earnings release will answer your question. At the last cc they promised to provide updated forward guidance and, if memory serves, Willis said they would hopefully be tightening the ebitda guidance range. My hope is it also shifts up slightly for the current FY which we are now almost 2 months into.
NAVR is now being priced as a growth stock so as long as they deliver revenue growth and have ebitda be about 4% of revenue then up we go.
Lets say 21mil ebitda for this FY14 and 30mil for FY15. Put a multiple of 10 on that and you have a $6 stock in 12 - 15 months. The 10 multiple only works if they deliver the top line growth and have a promising future.
I usually start to slowly sell as my stocks rise....so with NAVR, maybe sell some about now, some at 3.5, some at 5, and hold some forever.
Cheers. -
Not zero risk, but close. Buy TGX at 2.02ish, they are being taken out at 2.25 - 2.30 per recent PRs. My personal guess is the buyout price actually rises to book value of 2.50. Cheers.
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VIRTUALLY NO VOLUME....loud enough for you? Look at the one day chart. It dropped from 1.67 to 1.58 on several thousand shares. Almost all of today's volume was above 1.66.
I agree with your Buy on the dips conclusion. -
Look at the one day chart and what do you see? He#$%$/they managed to move the stock down about 8 cents on virtually no volume! All in an effort to scare out some shares. Maybe this lasts a few more hours tomorrow or even a few days or a week and maybe another dime or two...but then it will be up yet again with shares in even stronger hands as we approach the 3s.
About the same thing happened with HTCH before the explosion of the last few days. Also with MXWL. Also with LOJN. See this pattern many times. Pattern is too strong a word. Maybe better to say that one sees this sort of action often as stocks are moving up or just prior to strong moves up.
Cheers all. -
Seems to me the most likely outcomes are going private at 2.30ish or an increased offer closer to $2.60 book value. At this point, unlikely it falls through given the involvement of mgmnt. Whatever, I bought some today.
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They always announce the date a week or two ahead of time. My guess is they tell us the date this week and that it will be either the last week of May or first week of June. The later the better as far as I am concerned since current quarter is then 2/3rds over and guidance for FY14 will be narrower....and hopefully shifted 1 or 2mil higher. Cheers.
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I had that happen once about the same time as you but it went back to the correct numbers after I logged out and then back in.
I have had quite a few problems of late with the portfolios loading when I click on their name. Often times it doesn't at all or maybe just the tickers are listed with no other info. They have issues. -
If I ever get time I will try to dig a bit.
Has the total number of outstanding shares increased over the last year? I just wonder if maybe those shares were acquired/given to him at zero cost. I doubt he bought that many in the open market. That said, I'm happy he has 15mil, gives him incentive to get it higher.
Thanks for pointing this out. -
....not bad for a 5 cent stock, eh. The next several quarters will also be easy comparisons verses year ago. Let's hope their statement about timing of revenue is accurate. Cheers.
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Cant make a ton of money here since company is so tiny but can certainly double your money over the next 1 day to 12 months. The good or bad thing is that my guess is it will happen in one step in one day....or not.
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The company, its products, valuation, and MXWL chart are starting to grow on me. Should be fun ride back to fair value over the next several months.
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Crystal clear, accumulation is happening by one or by
by uptabdowntab •May 14, 2013 4:37 PMThe ground is still froze here. Loons are landing on ice and getting hurt....really.