Even before today's downmove, RMD was a bargain based on the following financial ratios:
1) P/E for RMD = 26.40 vs industry avg of 45.50; RMD is 42% underpriced.
2) Price/Tangible Book = 7.47 vs industry avg of 18.02; RMD is 56% underpriced.
3) Price/free cashflow = 65.70 vs industry avg of 132.60; RMD is 51% underpriced.
"In the mouth of 2 or 3 witness, let every word be established" The 3 witnesses above inplies that RMD will be making a 42% - 56% upmove sometime in the future.
I'm long at $56.21
Sounds like a good idea to me
I bought some at $43.27.
"Zack's cut shares of Lifelock (NASDAQ:LOCK) from an outperform rating to a neutral rating in a research report sent to investors on Tuesday morning. The firm currently has $19.10 price target on the stock."
And a P/E of 181 means CMCM is way overpriced.
I shorted some shares this morning.
I shorted this morning.
Watch out below.
not cheating on your wife,.
Sergey, shame on you.
Why would shareholders think they would be treated with any more respect.
Time to short GOOG
The WSJ article today says:"If the expansion had gone through, says Cliffs, Bloom Lake could have produced 13.5 million tons of high quality iron ore a year at around $50 per ton, Cliffs has said."
So why doesn't CLF continue with the Bloom Lake mine, selling iron ore at today's rate of $72/ton?
I'm thinking of dipping my toe in today because of the stock price is way below tangible book value, but I do wonder about CLF's management's thinking.
why not petition the FDA to approve the drug, with the requirement that the drug is frozen first before ingestion by the patients. Then do a followup study for a non-frozen procedure?
I'm sorry if my calculations were too difficult for you to understand.
Anyway, My that was a nice 15.6% on my investment (from $6.64 purchase price to $7.66 price around 9:59am today). Yeah, my due diligence was quite fine.
FYE 6/14 Revenue is up 8.6% vs FY13
If Income from ops = $34 M, and outstanding shares = 86.2 M, then fy14 eps = .39 and the updated P/E, based on $6.64 share price, = 17.0, which is lower than the industry average of 19.4
I'm long at $6.64
Since the FMV share price = $5.17 (see my previous post) then I believe you are the one who will be getting the "shaft"
Assume FST portion breaks even, while the Sabine portion earns $10.557 million per year= 2013 actual.
Assume total shares = 44.898 million based on 33 million for Sabine portion (which the news release says = 73.5% of total) and 11.898 million for the FST portion.
Then earnings per share = $10.557 million/ 44.898 million = $0.235 earnings per share
Assuming the industry (independent oil & gas) P/E of 22 (per Yahoo) gets you a FMV share price of $5.17 = 22 x .235
The price could be even higher if there are any savings via "synergy".
I'm long and strong, and you should be long also!
I see on Sabine's website that they earned $10.577 million in calendar year 2013. But how many shares will the new merged entity have?
The merger sounds good but can anyone provide a justification for the price rise?