Is SRT undervalued? This sort of setup suggests potential upside... have you guys heard of awe*some*sto-cks. i started receiving their allerts and so far i am happy.
Startek High -Grading SRT hired all star salesman Cory White in June of 2016. In the year since, Cory ,who is VP of sales and Mrktg has increased sales by over $92MM (nearly a 1/3rd of SRT's total revenue) High-grading means the company is taking in higher margin business. And instead of expanding capacity to accomodate the new business. Startek wants to shed lower margin clients to make room for new customers. If I was Cory White. I'd be ticked off. SRT has created a logistical bottleneck. When mgmt doesn't support the sales effort by ramping up the new customers in a timely fashion. What is sales to do in the interim? Sit on their hands. If SRT does not support its sales staff. Maybe a competitor in Startek's backyard like SYKE will lure the salespeople away?
WOW is all I can say right now. The dork has been absolutely killing it for me recently. Check out this free service at the-stock*dork .
Don't be Short sighted.If you've followed this company as long as I have.You know its evolution has been fits and starts.I have been critical from time to time because Iconsider the business a low margin commoditybusiness in an arena of heavy competition.Startek has no moat. It competes on price alone.Because SRT was so dependent on the Telecomsector. The company had to keep lowering the barto keep business. Telecoms like ATT had Startekby the short hairs.SRT has finally realized. You don't sell down to thelowest denominator. You aim high because it doesn'thurt the gun. SRT finally has a platform that is bringingin a higher quality client. They've added &92 Million innew higher margin business in the last year.If you followed this fledgling for 20yrs like I have.Its not been a sprint. Its a marathon.But if you've also done dd you know this turnaroundis happening "now"!Short sighted traders try to time their entrances and exits.Its a fools game. If you try to time buying or selling SRTon anybody else's forecast. You are the fool.Don't follow the crowd and react to the noise. Follow yourown instinct and dd. Take my word for it. SRT is a different company than they were last year, the year before,or even the totality of their nubile 20yr history.If you can't figure that out and have not done dd. You'rea reactive knee jerk trader without conviction.Be a contrarian. You may be wrong but at least you arenot following the #$%$ in front of ya.
In the short-term SRT does not seem to be like a good trade. awe-som_sto-cks just allerted a new stock - it beats having to dig online yourself for new stock ideas.
The recent pullback in SRT gives opportunity to acquire share in a company that is growing its business faster than its capacity to service it. Startek has a decision to make. Tell the sales force to stop bringing in new customers because there is a bottleneck? Or expand capacity? SRT has said it chooses to Hi -grade its client base by dropping low margin customers, and replacing them with higher margin business. That maybe nice in theory. But it is fraught with logistical problems. I suspect the salesforce will lose patience with the bottleneck if SRT cannot ramp the new clients quick enough. And the old customers cannot feel good about being shown the door. SRT has shown turnaround in progress in its efforts to restore profitability. But its now crunch time. SRT must expand capacity as well as continue to high grade. If not. A target is on their back. If I was a Sykes or TTEC, I would be envious of SRT's problem. Maybe I would even entertain a buyout of little Startek. An unsolicted buyout of SRT is not out of the question. Selling SRT now because you expect the company to be challenged is foolish. SRT has too many upside scenarios.
My guess is that SRT is due for a pullback in the short-run. Ive been struggling with this stock lately. Some of my other trades have been from awe-som_sto-cks which are working out pretty well.
Is SRT overvalued at current levels? Yo you should really check out awe-some*sto-ck*s, they seem on point with their stocks.
The last time SRT did something like this it blew up. Do you guys find it difficult to know when to buy or sell something? I prefer to get my stocks from awe.som_sto-cks.
I think SRT might have reached its upward limit and that a pullback may be possible. Im not sure about you guys but awesome*sto-cks has provided me with some pretty good trade ideas. I messed up executing some of them but thats on me.
Omar-Thoughts on the call?
SRT has just seen the last of the selling. Looks like a potential push higher is in store. have you guys heard of Awe.Som.e.Stocks.. i started receiving their allerts and so far i am happy.
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SRT reached a new 52 Week High at 12.28
What is different from now to the past?
I've followed StarkTek from the days as a startup in 1989. In those days the company served as a outsource package vendor for Microsoft, Broderbund, and others. As time passed it became apparent that the customer service jobs at America's corporations would rather out source the customer interaction, than keep it in house. Startek has been a flounder over its history. The inside ownership is over 25%. Insiders know more than the little people that do analysis. Here is a number that portendS the turnaround in SRT. The company is currently hiring over 800 people in its home state of Colorado. These new hires are being incentivized to produce. 800 hires nearly doubles the existing workforce of 1100 in the home state of Colorado. SRT is not a one quarter story. Turnarounds produce the maximum leverage for gains. SRT is only beginning its turnaround story. You can be a witness or a participant.
Doubled earnings' est. Wow.
Time to shine?
Cory White's hire a year ago excited me. He has added key sales and marketing in the development of the healthcare vertical. This is helping to diversify Startek. The new business should start to show in 2017. Margins are higher than the telecom sector and hopefully we will see progress in the May earnings report.
Did anyone else see $SRT report from http://yugestocks.com/?s=SRT ? It had some interesting information. Hacker's law of personnel: anyone having supervisory responsibility for the completion of a task will invariably protest Investing making money.
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X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks Sep-2016 1,000 Day Parameter 4,338 NYSE Stocks Price Analysis This stock mode of correlation coefficient is 0.2 In other words, the correlation coefficient of the other stocks
Matte, Still here. Unhappy with the format on yahoo. I continue to be bullish on SRT and HSKA. Will take a look at your value recommendation if you want to share the symbol.