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Re: CPTMatt post# 162818

Friday, 08/29/2014 11:46:06 AM

Friday, August 29, 2014 11:46:06 AM

Post# of 173716
CPTMatt, re DRAD

I think $4 is fair value. But momo could certainly take it higher, especially in this hot market. I like the dividend, balance sheet and adjusted earnings of .06/share last quarter. But the guidance was disappointing. If you crunch the numbers, they're looking for Q3 & Q4 revenues to be below Q2 levels. Which I don't understand...the acquisition earlier this year should be giving a boost to the top line. Bottom line guidance kinda weak too. Sounds like Q3 & Q4 earnings won't even be as high as Q2. Brutal Q3 comp coming up too. Like I said, def wouldn't hold into Q3 report after this run.

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