Then why post it or give such extensive coverage. Makes sense for the GE board, not necessarily for Arcam. Nice discussion of GE aviation and composite materials, brief mention of additive manufacturing but nothing related to Arcam or EBM as is true of so many posts. In fact reading to my right of screen, I see reference to not posting about other stocks and to remain focused on arcam.
What we need is less GE, Alcoa and other references and more EBM and arcam related info.
The posters that indicated that this last ER was good or not as bad as expected were way off in my humble opinion. This ER was awful, every growth metric was poor. 12% I recall revenue growth which is not good for a growth stock. More significantly on every metric Arcam was either equal or worse in 2016, specifically on deliveries, sales and backlog. This is awful for a growth stock. In addition all the mention of the great pps rise was due to GE not organic. PPS was very poor before GE deal.
In addition, those posts including articles suggesting Arcam was the best 3d stock in 2016 and 2017 were flawed in my IMHO. In 2016, DDD had the best year and it achieved its results organically. The significant pps rise for Arcam was due solely to the GE deal and as I mentioned above, Arcam's 2016 metrics were poor. For 2017, it is too early to tell but Gary Anderson said the best 2017 stock would be Sigma which he just posted. But I don't see the posters or readers noting these viable factors as they post the comments.
Don't get me wrong, I'm still bullish on Arcam, but a lot less so especially on the time frame. Despite all the generic articles some think necessary to post so often, I don't see many reflecting decisions to use/expand EBM in aviation part mfg. While one poster spent a lot of time talking about fuel nozzles, I remind him they are laser and not EBM produced. So far the only EBM part i'm hearing GE talk about is the blades and none others. I would like to hear more about other EBM parts being EBMed.
For the poster who said arcam is trading well and gradually moving up or that GE has made a lot of unannounced buys, I must disagree. The stock has been trading zombie like with papa arcam not moving much and having ridiculous volume with total volume often less than 3000 shares and sometimes in the hundreds. Baby arcam is even worse with sometimes no volume and often in the small hundreds. Again with little pps movement. That is not good trading and is zombie like. God help anyone having to sell an appreciable amount.
I also note those that thought GE should have paid 70 to 90 pps, that GE would not accept less then the announced minimum amount and that they would continue to have influence over the company were flawed. I am amused at all those posts saying they expected guidance with this last ER. Facts. Ge got the company for their pps, at 73% tender and that remaining holders have no influence with no CC (despite some saying there would be) no imput into the director selection and no say in operations.
Also to the post that Elliot was not extorting, was simply blocking, and protecting their interests I note that Elliot, like with Axis, only bought in after the deal and bought just enough to prevent the 90%. Facts: Elliot did not buy into Alcoa in big amount till after Arcam so protecting Alcoa investment was not a reason and just like with other companies Elliot is tying to be a gad fly to get more money which is the definition of extortion. Does anyone think that Elliot bought into arcam when they did to protect their interests in Alcoa given the timing and circumstances or that they want to 0perate Axis or Arcam rather than just get a higher PPS?. Same with Alcoa. Does anyone think they achieved any blockage or that they wanted to block the deal rather than get a higher pps. Poster, that is extortion.
