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USA Technologies, Inc. (USAT)

NASDAQ Global Market - NASDAQ Global Market Real Time Price. Currency in USD
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5.20+0.05 (+0.97%)
At close: 4:00PM EDT

5.20 0.00 (0.00%)
After hours: 4:27PM EDT

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  • B
    Bingbong
    Bingbong
    *LOL!! Pumper Mark is back! Back to defend Steve's honor against "personal attacks." Adorable!

    Poor Mark is very impressed with a "500% gain over 7 years." It sounds good, right? But, alas, the stock is still below its levels from 9 years ago, 50% below its levels from 10 years ago, and 98% below its all-time highs. Sad. Classic USAT--only these jokers could manage a 500% gain in 7 years and still be DOWN since the financial crisis year of 2008!!

    Poor Mark tries to spin my criticism of his man-friend Steve as "ranting about the end" or predicting that "Pepsi" (actually Pepi) would pull out.

    Sorry, Mark, in spite of your desperate spin, my predictions have never been about "the end." This "business" still hasn't even STARTED generating sustainable profits or covering its cost of capital! THAT's what I've been predicting for the past 7 years, and I've been right the entire time.

    Actually, Mark, people DO "accuse me of being smart." I assume that's not a problem you regularly face! ;-)

    Anyway, Mark, it's great to have you back. With Steve extracting ever-increasing compensation in exchange for his endlessly unprofitable "performance," he could use a guy like you around to defend his honor.

    Go, Mark, go!! This donkey isn't going to pump itself!
  • B
    Boardwalk97
    Boardwalk97
    My only questions are: how did the cash drop post IPO, why so little earnings on a great revenue boost? Otherwise, can't argue with success.
  • B
    Bingbong
    Bingbong
    Yet another huge raise for Steve as a reward for failing to hit his targets. The board isn't even PRETENDING to link compensation to performance anymore! In the past 2 years, Steve has missed targets, failed to generate sustainable profits, and in fact failed to generate any annual profits at all. During this period the Board has increased his salary very significantly each year. Just 13 months ago, Steve's base salary was $360,000. The Board increased it by 25% after a money-losing FY 2016, to $450,000. And now, after a money-losing FY 2017, the Board increased Steve's base salary by ANOTHER 15%, to $525,000!

    Funny stuff. With Steve's record-setting multi-decade losing streak at USAT, he's not exactly an in-demand executive. No other companies would consider offering him anything close to what USAT has been paying him. He was already making more than a million dollars a year a couple years ago. Since then, all he's done is generate more losses. But the Board has increased his base salary by almost 50% since just last June! Hilarious!

    Sorry, Shareholders. At this point the insiders are just laughing at you. The company is a quarter-century old, has lost $180 million and counting, STILL loses money every year, and appears to have no prospects of ever covering its cost of capital. But executive compensation is soaring, at your expense.
  • E
    E
    E
    Having earnings call somewhat early. they already pre-announced to get raise done, so they must have some BIG news they want to get out sooner rather than later.
  • E
    E
    E
    Mark, you have to admit the comp increases are egregious, given the increase a year ago and the cfo has been there just long enough to find out where the bathroom is located and got a bonus and increase.
  • B
    Bingbong
    Bingbong
    Important article in The Guardian:

    A researcher has documented alarming incidences of retaliation by vending machines under attack.

    We all know that fizzy drinks can affect the health of people who drink them, especially in super-size quantities, but – even worse – fizzy drinks in a vending machine sometimes bring immediate violent death when the machines are attacked.

    This is documented dramatically by Dr Michael Q Cosio in a 1988 research study published in the esteemed Journal of the American Medical Association. In the summary of his paper, Soda Pop Vending Machine Injuries, Cosio minces no words.

    “Fifteen male patients, 15 to 24 years of age, sustained injuries after rocking soda machines. The machines fell on to the victims, resulting in a variety of injuries. Three were killed. The remaining 12 required hospitalisation for their injuries.”

    At the time, Cosio was working at the Walter Reed Army Medical Center in Washington, DC. He has since died. I have not determined the manner of his passing.

    The alarming incidents all happened at American military bases in Germany and Korea.

    Cosio’s method was to pore through medical reports and newspaper accounts, then personally interview most of the survivors, some of the family members, and many of the medical professionals who had dealt with the human wreckage from the machine attacks.

    All the injured and dead were male, their ages, at the moment they tried to tip a soda machine, ranging from 15 to 24. Their injuries were various — a fractured skull here, a partial toe amputation there, an evulsed nerve, a punctured bladder, many leg bone and ligament injuries and, of course, those three deaths.

    There was little mystery as to the young men’s motives in initiating their machine dance macabre.

    Advertisement

    A police investigation of one of the deaths, Cosio tells us, revealed that it was “common knowledge in the barracks that the machine that crushed the victim would dispense a free soda if rocked vigorously”.

    Yes, little mystery. But there was noirish detail aplenty about the deceased. One man “was found by his wife … it took four men to lift the soda machine off the victim”.

    The second “victim” (Cosio’s word) “was found pinned to a wall with the soda machine resting on his neck”.

    The third fellow succumbed when “the victim’s friend could no longer hold up the machine. The victim was crushed.”

    Cosio became a man on a mission.

    He went on to collect additional cases of injury and death due to toppling of the pops. Four years after shocking some portion of the world with Soda Pop Vending Machine Injuries, he published Soda Pop Vending Machine Injuries: An Update, this time published in the Journal of Orthopaedic Trauma.

    The new study tallied “64 cases of injuries secondary to crushing by a soda machine”, including 15 deaths.

    Reflecting a world shaken by a slight loosening of the patriarchal hegemony – a hegemonic loosening that extended even unto to abuse of soda vending machines – the report reveals that one of the injury victims was female.
  • M
    Mike
    Mike
    If you want to buy a lot of stock, you manipulate the price. Thanks Market Makers!
  • d
    dd
    dd
    the big question is why is ding ding here at all
    I know why he's no investor I know that

    he's just a sad loser from a proxy fight from years back he lost them he's losing now although the company does have poor management I've made money on it that's a fact
  • M
    Mike
    Mike
    Poised for takeoff!
  • M
    Mike
    Mike

    https://seekingalpha.com/article/4098703-usa-technologies-leader-50-percent-upside-current-levels?app=1&auth_param=59gcb:1cp3lg3:eda55448bb7871973fb9bc914c70bc06&utoken=95b0b40a9bbfc46e1816c7557ff6d86e

    USA Technologies: A Leader With 50% Upside From Current Levels
    USA Technologies has been building a leadership position in the big, but fragmented, market for enabling vending machine payments. The evolution of cellular tec
    seekingalpha.com
  • B
    Bingbong
    Bingbong

    USAT singled out for special recognition.

    https://www.zacks.com/stock/news/266665/5-toxic-stocks-to-disown-or-play-short-for-profit

    "Generally, toxic stocks are vulnerable to external shocks and are burdened with huge amount of debts. Also, the price of the toxic stocks is irrationally inflated. The unjustifiably high price of the toxic stocks is only transitory as the inherent value of these stocks is lower than the current blown up price.

    The inflated price of the toxic stocks can be ascribed to either an irrational exuberance associated with them or some serious fundamental weakness. If you possess such stocks for a very long period of time, you are sure to see huge erosion in your wealth.

    Screening Criteria

    Here is a winning strategy that will help you to identify overpriced toxic stocks:

    Most recent Debt/Equity Ratio greater than the median industry average: High debt/equity ratio implies high leverage. High leverage indicates a huge level of repayment that the company has to make in connection with the debt amount.

    P/E using 12-month forward EPS estimate greater than 50: A very high forward P/E implies that a stock is highly overvalued.

    % Change in F (1) and F (2) Estimate (12 Weeks) less than -5: Negative EPS estimate revision for this and the next fiscal year during the past 12 weeks points to analysts’ pessimism.

    Zacks Rank more than or equal to #3 (Hold): We have not considered Buy-rated stocks that generally outperform the market.

    Here are five of the 17 toxic stocks that showed up on the screen:

    Malvern, PA-based USA Technologies, Inc. (USAT - Free Report) is a leader in the networking of distributed assets, wireless non-cash transactions, associated financial/network services and energy management. Over the past one month period, its quarterly earnings estimates have remained unchanged at a penny per share. Currently, the company carries a Zacks Rank #4 (Sell).

    5 Toxic Stocks to Disown or Play Short for Profit
    Picking up toxic stocks and discarding them at the right time is the key to protect your portfolio from big losses.
    www.zacks.com
  • E
    E
    E
    did anyone listen to the call? any hint toward use of proceeds?
  • B
    Bingbong
    Bingbong
    Oh my Gosh, you guys, what did Cecil say in his talk about Millennials? USAT plunged 4% in just the past hour. I hope Cecil didn't slip up and admit that Millennials AREN'T buying a lot of stale salty snacks on credit with their mobile phones. USAT's valuation DEPENDS on those iPhone-waving, broke#$%$ Millennials craving some serious stale salty snacks. I hope Cecil didn't blow it because he was hung over from raiding the mini-bar in his shareholder-paid-for Florida hotel last night! Awkward!
  • M
    Mike
    Mike
    Since when does "planting" an SA article make you a profit?
  • B
    Bingbong
    Bingbong
    Today is the day! Cecil Ledesma's travel to Florida couldn't be funded out of profits, so he had to go on the shareholder dime, just like USAT's boondoggles in Vegas and Barcelona. But it will all be worth it when Cecil shares USAT's "insights" into Millennials!
  • M
    Mike
    Mike

    https://fintel.io/soh/us/usat/forest-manor

    Forest Manor N.V. buys shares of USAT / USA Technologies, Inc. - Fintel.io
    Fintel.io provides advanced investment research tools for finance professionals. Current coverage includes activist filings, institutional holdings, insider trading activity, and global headline news of over 60,000 companies worldwide.
    fintel.io
  • S
    Samantha
    Samantha
    I have a feeling USAT will see a pullback now. What yall think? Not sure how awe*some*sto-ck*s finds all these incredible trade ideas but im happy.
  • M
    Mike
    Mike
    Hey USAT, the last time I looked, profit was not a four letter word!
  • E
    Eric
    Eric
    $USAT,$LINU
  • R
    Robert
    Robert

    https://www.youtube.com/watch?v=xdETMbcza-U

    USA Technologies Retail Roundtable: NAMA OneShow 2017
    USAT Kicked off the 2017 NAMA OneShow in Vegas by hosting The first annual USAT Retail Roundtable, a discussion of how the vending business is paving the way...
    www.youtube.com