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RCI Hospitality Holdings, Inc. (RICK)

NasdaqGM - NasdaqGM Real Time Price. Currency in USD
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70.85+3.30 (+4.89%)
At close: 04:00PM EDT
70.85 0.00 (0.00%)
After hours: 04:01PM EDT
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  • D
    Doucet
    This site just sent me a 68% winner. (http://traderspot.club)
  • A
    Anonymous
    The market makers are making the shorts pay through the nose. Too funny. On the other hand the company should consider splitting the stock 2 for 1 and doubling the dividend simultaneously. I believe this would bolster the stock price and allow for more funds to buy the stock with the additional float.

    We are having fun now!! Let's see how long it lasts.

    GLTA
  • S
    Sanogo
    Yahoo! has been so bad lately - especially the RICK board. I like using (http://Themaxgains.tech) now instead for my daily research.
  • A
    Anonymous
    I thought they could do a $1.50 but not $1.60. I am going to have to figure how I was short. Great job Ricks!!!
  • J
    Juice
    If there was ever a stock that was meant to be $69 a share it’s this one
    Bullish
  • B
    B.A.
    $WFC conversation
    #Rick
    How would you manage if your Mortgage application volumes fell by 50% due to the current high interest rate environment and the high cost of housing? Of course there will be team count reductions to right-size to the the current mortgage application traffic, a very common occurance in the mortgage business. With few mortgages held on their balance sheet and loan servicing less attractive, pairing down mortgage origination capabilities, while maintaining your best underwriting talent to service high-value Wealth Management clients makes strategic sense. It also plays nicely into longer term Efficiency goals. The bank is pivoting out of Mortgage lending to a degree, while focusing on expanding wallet share of their bread and butter retail clients and improving electronic banking capabilities in support of fewer and more efficient brick and morter locations.

    When earnings are released in mid-October, Q3 Net Interest Income will dwarf expectations.
    Bullish
  • A
    Anonymous
    Great acquisition with great terms. Two more purchases like this over the next quarter would be great. Then they can focus on 2024 sales. Half way done with short term acquisition. Nice job RCI.
  • S
    Samantha
    Eric needs to be replaced as Chairman of BOD.
    Simple as that. Shareholders need someone looking out for them.
  • A
    Anonymous
    Good sales quarter. IMO This quarter is a good reflection of sales going forward overall. Avg for SS Bombshells was $5.5m annualized. That a good basis to work from going forward. Since Club revenues continue to improve this quarter's margins should be solid as well. Especially gross margin. The only disappointment was no new club purchases nor franchise agreements were announced. I guess we will have to wait for those a little longer. Hopefully good news soon.
  • M
    Miki
    RICK looks like trash today - I bet it falls from here. Glad I am signed up to (http://Achieverspot.tech) so that I can get stocks that actually move!
  • C
    Chad
    Please take a look at ticker ILUS - ILUS International: EVs, Drones, UAVs, Urban Mining and patented firefighting / safety technology. ILUS is uplisting in 2022. They have increased their year over year revenue by 482 percent. They have just increased their 2022 revenue forecast from 40 million to 140 million dollars. ILUS has been profitable every quarter since inception. They have completed a total of 7 acquisitions in the last 18 months. Two of the more notable are Vira Drones and Wikisoft, ticker WSFT. Please see Yahoo Finance for more details and news regarding ILUS, if interested. ILUS is worth a look..
    Bullish
  • A
    Anonymous
    It's me again. Last night Sidoti reaffirmed its TP of $120 with 2022 adj earnings $4.86 and 2023 adj earnings of $5.64. Their prediction for Q3 and Q4 adj earnings are $1.33 and $1.24 respectively.

    For what it is worth I am predicting Q3 adj EPS to be over $1.40 potentially reaching $1.50. Margins for the Clubs exceed margins for Bombshells. Sales were more than 10% over Q2 thus extrapolating last quarter figures it is likely to be easily over $1.40 adj eps.

    Q4 however will likely be under $1.15 per share due to margin pressures, cost of acquisitions and (not a recession) a slowdown in some spending.

    After listening to the call yesterday Eric indicated that they are about to close on 2 new clubs. Regardless of their size they will not have a significant effect on Q4. In fact it might cost the company a little being conservative. The thing about Q4 is that they report earnings so late (Early Dec) that everyone is more interested in Q1 of next year. So earnings projections may not be that relevant. For what it is worth I am projecting sales of $67M in Q4 which historically is the company slowest quarter.

    For 2022 I am predicting adj earning of $4.90 and for next year I am predicting $5.50 to $5.70 on sales of $300m to $310m. It is hard to predict exactly what sales and earnings will be next year of course due economic concerns, Acquisitions and completion of BS stores. I am assuming that the company will be very aggressive in acquiring more clubs. Eric stated in a previous that he wanted to acquire $20m of ebitda by next year. That equates to $60m in sales. He has already bought 2 clubs and is contracted for 2 more. So away we go there.

    The true frustration with Ricks is their inefficiency in building BS properties on a timely basis. If they are lucky they can complete 2 of the 3 new stores by Q3 next year and the other by Q4 and those are my assumptions for new BS as well. Also assuming flat sales for current BSs.

    I am assuming no revenue for the new online app. I hope it succeeds but is likely more of a marketing cost than anything else. But who knows.

    Well that is my prediction for now for what it is worth. Lots of overall unknowns but more that likely this company should succeed and move forward for several years. It is going to be an interesting ride. I suggest climbing on board at some point.

    GLTA
  • S
    Samantha
    Not a single penny should be blown on share buybacks!
    The share count is already too low (for a company supposedly growing) and the stock is too illiquid.
    A new Chairman of the BOD is in clearly needed. Shareholders need to reign in Eric once and for all.
  • S
    Samantha
    $25M of share buybacks helps Eric More than anyone else.
    He's buying himself a larger % of the company with company cash!!!
    Should be paying down high interest debt to his family and buddies. They're basically siphoning cash from the company imo.
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