- Page 2/6
(A Top Pick Feb 7/17. Down 27%.) Just came out with results yesterday, and had some good results in the Cardium, one of their 3 areas. Have had difficulties in the past with the SEC, and settled a while ago for $48.6 million. If this gets put in play. He thinks they are looking at double digit growth in terms of output. Still has a big debt load relative to revenues. A good turnaround opportunity, and could end up doing very well.
(A Top Pick Feb 7/17. Down 27%.) Just came out with results yesterday, and had some good results in the Cardium, one of their 3 areas. Have had difficulties in the past with the SEC, and settled a while ago for $48.6 million. If this gets put in play. He thinks they are looking at double digit growth in terms of output. Still has a big debt load relative to revenues. A good turnaround opportunity, and could end up doing very well.
He is underwater with this. He likes to think it is going to turn, and he’s willing to hold on. They paid down an awful lot of debt. It seems like a good speculative play, but he isn’t willing to put more money into it.
He is underwater with this. He likes to think it is going to turn, and he’s willing to hold on. They paid down an awful lot of debt. It seems like a good speculative play, but he isn’t willing to put more money into it.
As a general rule, gold moves with the US$, and the US$ has been getting hurt, but could change later this week once the US gets their budget in order. The principals involved have a pretty good track record, so this could be a good way to go.
As a general rule, gold moves with the US$, and the US$ has been getting hurt, but could change later this week once the US gets their budget in order. The principals involved have a pretty good track record, so this could be a good way to go.
He met with management 7-8 years ago. The difficulty is that it’s been around since 1988 and revenues have always been a difficulty. They have no production. Expects there to be quite a bit of dilution. He doesn't invest in companies without revenues.
He met with management 7-8 years ago. The difficulty is that it’s been around since 1988 and revenues have always been a difficulty. They have no production. Expects there to be quite a bit of dilution. He doesn't invest in companies without revenues.
Bought this a couple of years ago at $3.81. It had a nice run, and thought about selling, but didn't. Pays a dividend of $.05 a quarter. Recently, everything they have has been doing better. Market share has gone up a bit, their online has gone up, same-store sales have gone up quite a bit, but their overall revenues have gone down because they’ve closed a lot of stores. Have had quite a lot of problems with addition L, so have taken big write offs there, which made the previous black ink red. Where they are going to go with this chain, he isn’t sure. He’s happy to continue holding. His initial sell target was $15+, but wonders if that is way too high.
Bought this a couple of years ago at $3.81. It had a nice run, and thought about selling, but didn't. Pays a dividend of $.05 a quarter. Recently, everything they have has been doing better. Market share has gone up a bit, their online has gone up, same-store sales have gone up quite a bit, but their overall revenues have gone down because they’ve closed a lot of stores. Have had quite a lot of problems with addition L, so have taken big write offs there, which made the previous black ink red. Where they are going to go with this chain, he isn’t sure. He’s happy to continue holding. His initial sell target was $15+, but wonders if that is way too high.
Whenever you go into the restaurant space, it’s a very, very competitive sphere. He is wary of that kind of thing. Right now, we are seeing a lot of takeovers and mergers, and thinks this is in that mix to some degree. It’s on his watch list, but not a company he is willing to buy at this time.
Whenever you go into the restaurant space, it’s a very, very competitive sphere. He is wary of that kind of thing. Right now, we are seeing a lot of takeovers and mergers, and thinks this is in that mix to some degree. It’s on his watch list, but not a company he is willing to buy at this time.
His play in uranium is GBP (?), which has done very well. They do training for nuclear reactors as well as other areas, and it still has a lot of upside. The view on uranium is so mixed.
His play in uranium is GBP (?), which has done very well. They do training for nuclear reactors as well as other areas, and it still has a lot of upside. The view on uranium is so mixed.
