Swisher Hygiene Inc fka SWSH

[ove]

Finally the bigger picture is coming into focus. It's not just about cleaning, it's about the dirt, as in "garbage" Waste Management. Does it sound familiar? Perfect synergy...
Swsh bought Choice... Choice bought Lawson and now Central Carting. That's just in Florida... Other states coming soon.

GlobeNewswire-"The company's most recent program enhancement is its introduction of solid waste management services to commercial and residential customers in selected markets"

[IAMMINDFULL]

We are getting legs! Headed higher

[4tg]

Added to Russell 3000 index 2000 next
Swisher Hygiene Inc. ("Swisher Hygiene") (Nasdaq:SWSH) (TSX:SWI), a leading provider of essential hygiene and sanitation products and services, today announced it is set to join the U.S. broad-market Russell 3000® Index when Russell Investments reconstitutes its comprehensive set of U.S. and global equity indexes on June 24, according to a preliminary list of additions posted June 10 at www.russell.com/indexes.

has to be owned by index funds more buying on the way

[IAMMINDFULL]

Appreciate the post, thanks, interesting info.

[IAMMINDFULL]

IMO- This is a bargain here at these levels.

[dmiller]

That's the problem, Wayne is not involved in the running of daily operations of this company. He said this himself on CNBC interview. Gerrard has been a failure every time without Wayne by his side. THey both have very little skin in the game and gave themselves 25 million shares. No skin off their backs if the company is a flop.

[4tg]

I agree that the board is to be used professionally and therefore you should act accordingly. Firstly you assumed that comment was directed to you. It was not. It was a general comment. Secondly it appears you do not know the entire meaning of the word and accordingly I have attached the definition for you so that you can get the facts.

MORON: 1910, from Gk. (Attic) moron, neut. of moros "foolish, dull" (probably cognate with Skt. murah "idiotic;" L. morus "foolish" is a loan-word from Gk.).


So that there is no further misunderstanding going forward, I will now use the word foolish or foolishness when refering to any baseless banter in absense of facts.

[Realistic_SOB]

When people get desperate and have no facts to support their hype they resort to name calling.

Not appreciated. I have never called anyone a name on InvestorsHiub - and will report you to the moderator.

This is a very professional board, unlike Yahoo's message boards, where people can have open discussion without resorting to such childish behavior.

[Realistic_SOB]

Financially SWSH looks bleak, and you have provided no indication of how/when it will become profitable (neither has Wayne).

No need to be a professor, this isn't rocket science. But it would be good to understand how to read financial & cash flow statements and balance sheets - then look at the mounting debt and see that buying small, non-profitable companies on a 50% cash / 50% stock basis is not a winning strategy to building a profitable company.

I'm not arguing that revenues won't be high, but the profit margin is so slim, the cash flow so negative (as in outgo versus income) and the debt so high that there is little hope of profit for at least 5 years.

As an investor, I have no desire to be long on a stock with no prospects of making a profit. There will be no major break-throughs along the way that suddenly escalate the potential either - just more buying of small mom and pop cleaning companies.

If you bought this because Wayne made money before - remember that those were different companies, and Wayne is in it for Wayne. Review the financials and business plan moving forward and ask yourself - how will they ever become profitable?

[4tg]

they will have to cover at some point and it will be painful!! what you don't realize is that this 1st step of many to come and is no different than when Pepsi, Coke and others bought back their independent bottlers. you pay a premium in the short term for the benefits in the long term. anyway i am not a professor i am an investor and i am going to continue to invest. what are you going to do once the Float and capitalization is increased and the major brokerages can reccomend? Short More?

Wayne makes people money!!!

[Realistic_SOB]

The 7 Million shares already shorted are why there are no more available to short. That's the fact (and disturbing due to the high %).

Retail investors have little hope of getting in on these opportunities, so we have to resort to buying PUTs or selling CALLs ...

Just for fun - when/how do you see SWSH becoming profitable?

[4tg]

Now theres a fact that should tell you something go long while you can or get out of the way. my number #1 rule don't bet against the house particularly a house like Wayne's! Seriously do yourself a favor go long and make your self some money.

[Realistic_SOB]

Can't cover, I'm not short, no more shares "borrowable" to short.

[4tg]

SOB, cover or soon your name will be SOBBING

[Realistic_SOB]

Negative position supported by facts, financial statements and graphs, rather than hope that COULD make a profit in 2-3 years.

Baird has a sketchy track record for pumping or bashing to fit their client's needs.

[4tg]

Baird, Mario Gabelli, Vanguard, Harris, Bank of America not to mention Fidelity and Wells Fargo are buyers me too so please SOB stir up the snakes in the weeds i want to buy more cheap. oh and thanks so much for your help in getting a bargain. I will see you in 2 years at the 2-3 billion sales level and what I think equates to possibly a $35 - $40 share price. i am going to love the view from the new highs. maybe you should cover.

[Sleeper88]

Outperform $7 Target

http://classic.cnbc.com/id/43263154

[Sleeper88]

Captain of Negative Cheerleaders squad, SOB

Smart money is buying again. $7 coming soon...

http://seekingalpha.com/article/272625-7-cheap-stocks-with-major-insider-buying?source=yahoo

http://finance.yahoo.com/news/Top-10-Insider-Stock-Buys-End-wscheats-219090083.html?x=0&.v=1

I look forward to your next 10 redundant posts. Thanks for ruining this board with your slanted dribble.

[Realistic_SOB]

SWSH achieves "Big Losers" List

>> Big Boards - Top Losers Thursday June 2nd

Criterias: Vol > 100K, Under $20

XIDE Exide Technologies 7.35 -24.30%
WEST Akeena Solar, Inc. 1.81 -19.56%
ADAT Authentidate Holding Corp. 0.93 -13.07%
CADC China Advanced Construction Materials Group, Inc. 2.18 -11.02%
ECTY ECOtality, Inc. 3.95 -9.82%
PPC Pilgrim's Pride Corporation 4.37 -8.39%
CHBT China-Biotics, Inc. 6.41 -8.17%
ENER Energy Conversion Devices, Inc. 1.27 -7.97%
OXGN Oxigene Inc. 3.48 -7.69%
SEED Origin Agritech Limited 5.47 -7.60%
NNBR NN Inc. 12.99 -7.54%
SCEI Sino Clean Energy Inc 2.22 -7.11%
CWTR Coldwater Creek Inc. 1.70 -7.10%
BMTI BioMimetic Therapeutics Inc. 7.54 -6.80%
HOLI Hollysys Automation Technologies, Ltd 8.66 -6.48%
CNIT China Information Technology, Inc. 1.85 -6.09%
CIS Camelot Information Systems Inc. 17.15 -6.03%
DEST Destination Maternity Corporation 18.41 -5.83%
ELLI Ellie Mae, Inc. Common Stock 6.33 -5.80%
JVA Coffee Holding Co.Inc. 7.68 -5.77%
EEE Evergreen Energy, Inc. 1.97 -5.74%
KAR KAR Auction Services, Inc. 19.43 -5.54%
GU Gushan Environmental Energy Limited 2.77 -5.46%
SWSH Swisher Hygiene Inc. 6.07 -5.45%
FEED AgFeed Industries, Inc. 1.06 -5.36%
COSI Cosi Inc. 1.06 -5.36%
BAA Banro Corporation 3.51 -5.14%
JNY The Jones Group Inc. 11.15 -5.11%

[Realistic_SOB]

Sales Sales Sales - but no Profit.

Cash flow is awful ... -($0.26)/share - and declining.

Look at the graph of 5-year EPS, Cash-Flow, Free-Cash-Flow Per Share:



Profit Margin in trouble and Return on Equity is now 0!



While Return on Assets is now NEGATIVE!



Debt Ratios in trouble - look how much they've had to take on in Long Term Debt!



Working Capital to Equity Ratio bad:



Even Book Value declining:



These facts are NOT indicative of a successful, operating company.

[4tg]

and will be looking alot better soon. Wayne Huizenga is the only american EVER to build 3 fortune 500 and 3 fortune 1000 companies from scratch!! EVER!! Not to mention many other accomplishmnts as well. What are the shorts going to do if 2011 sales meet or exceed guidelines of the high end of the discussd estimate of 350 million? What are they going to do if a major brokerage firm issues a buy reccomendation? Oh Right Cover!! 7,000,000 shares short alot of buying. it is hard to argue with a successful Strategy I am on board and looking forward to the upcoming rally. remember the view is always excellent at the top and it is not crowded either.

[curiosity K]

4tg, looking good!

[4tg]

More short covering to follow!! continue to add to long positions now or forever regret missing opportunity. 2013 potentiall sales 2.5 Billion revenue level +/-, current market cap > 1 Billion. back the truck up!!!!

[Realistic_SOB]

Negative Free Cash Flow -($0.24) per share is not healthy

http://ih.advfn.com/p.php?pid=financials&symbol=SWSH

"A firm with a positive Free Cash Flow number is healthy for investors because after paying off all current expenses (such as salaries, wages, short-term debts), the company has enough cash flow to make capital expenditures to grow into the future. "
http://www.financescholar.com/operating-cash-flow.html

[Paullee]

yep, that's on top of the 3 mil + they bought earlier this week

[Realistic_SOB]

Insiders bought @ $5.69

http://secwatch.com/filings/view.jsp?formid=8821808

[4tg]

I think at this point it would be interesting to ask the shorts how are they going to cover their shares which they sold to insiders and other shareholders who will not be selling their holdings and who are in it for the long haul. oh i got PAYING UP from current levels. I am all about it, been buying, will be buying more and will gladly sell back to shorts my shares at the future higher levels coming shortly, keep up the cheerleading and the encouragement so that others continue to sell me more cheap, thx

[Realistic_SOB]

So, 84% of today's volume was simply insider's pumping the stock up.

Next Support $4.76
http://www.stockta.com/cgi-bin/analysis.pl?symb=SWSH&num1=12&cobrand=&mode=stock

[Paullee]

3 directors just bought in the open market

over 500,000 shares at 6+

[Realistic_SOB]

would be nice to know the profit/(loss) of the companies they acquire. Most are small and probably have no profit - just pay everyone a salary.

[givd]

When is SWSH going to post the Revenues when they acquire a company, they list how much they pay for the company, but do not list the reveunes-- we need this information to evaluate the purchase.
When is Yahoo going to start a Message Board for SWSH? Everyone should start sending them email requesting the NEW board!!!!

Wayne should acquire one of the listed PEER companies, that were mentioned in their annual report? Like GKSR?

[Realistic_SOB]

Realistic here as well ... just sharing thoughts and making money. Up 7X on this SWSH collapse. Easy ride.

Cheers

[Meester954]

Last post on the board. As I said before -- tiresome and unproductive.

Already have a windfall (nicely over a double) on a relatively large block, so not trying to protect anything.

Still a bit unsure of the Blockbuster comparison other than for dramatic effect. Viacom bought it to finance the Paramount acquisition -- needed the cash flow (which was extraordinary). Viacom did nothing with the business model, saddled Blockbuster with too much debt and took it public again several years later. End of story.

I'm not bullish nor am I bearish. I'm realistic. Too many positions to manage to try and sway the opinion of others.

Signing off.

[Realistic_SOB]

I understand you protecting your hoped for windfall on SWSH, but I just don't see it doing much for quite a while (if ever). In the mean-time, the share price will suffer with the continued losses. If you're truly a long term holder, you should be tickled that the price is going down so you can double up.

As far as the past with Blockbuster, I am only pointing out how long term investors were not rewarded (who cares when the CEO left?), as Bloackbuster didn't turn out to be viable enough for the new owners to make profit with.

Is SWSH to be a similar boom/bust scenario? We'll see ...

As far as Melissa, it doesn't matter if she is right or wrong. She brought up some valid points (with tons of facts) and the market is turned against SWSH. No emotions - just the truth.

[Meester954]

Help me understand how Wayne and Steve can be held responsible for the performance of a business (over a 16 year period) once it has been sold to someone else?

Your presentation was very similar to what Melissa did in her article, at least with respect to the individuals with whom I am familiar. You presented something as an indisputable fact. Individual pieces of information within the presentation were correct. However, when all of the individual facts are taken together in the manner presented, the message is simply untrue.

This board has become tiresome.

[4tg]

Swisher's plan of a consolidated approach to what is currently highly fractured industry is phenomenal strategy and one in which there is currently no dominant company representing the entire spectrum of services and products offered. The agrregate sales of the fractured subsectors depending upon which sources you chose to follow state that the industry in a 30 to 50 BILLION (that is a "B", for big number) dollar a year industry domestically and does not represent what potential exists internationally. you do the math! no competion currently for Swisher in its quest for implentation of a branded single source supplier of services to this industry and if they were successful in achieving a 10% market share of a 30 to 50 BILLION market i am all about it. keep up the negative, non-factual, opinion driven hype i have backed the truck up.

[Realistic_SOB]

And it did so well after that

[Meester954]

That's some solid research on Blockbuster. For the record, HWH and SRB sold Blockbuster to Viacom in 1995 for several billion dollars.

[Meester954]

That's some solid research on Blockbuster. For the record, HWH and SRB sold Blockbuster to Viacom in 1995 for several billion dollars.

[Realistic_SOB]

Like to Repeat Blockbuster "Success" (now Pink Sheets $0.05/share)

Chairman H. Wayne Huizenga and CEO Steve Berrard would like to replicate the success they had at Blockbuster (BLOAQ).

Look what they did for Blockbuster:



insert-text-here

[Realistic_SOB]

Results and CC not positive.

As expected - losses continue to outpace revenue growth.

[Realistic_SOB]

As expected:

Revenue hit $27.4 million, up from $14.7 million in the year-ago quarter, and the company lost $3.2 million, up from $1.6 million.

[bobby5]

are you short? or do you just post for fun?

Given their revenue at 30 mil for the qtr, I am dismissing the lost. I expect coming qtrs to deliver twice that in revenue, so hopefully a few million of that additional revenue can make its way to the bottom line.

[dmiller]

In actuality a LOSS of .03!

They can call it whatever they want but in the end they lost money.

They had a loss of about 3 million when you add almost 5 mil of depreciation back in to their loss.

[Realistic_SOB]

There is no way they will have profit this Q, and I don't think the demeaning tone of your reply to DMiller is very appropriate. It seems that SWSH mgmt is the one who doesn't understand what EBITDA and Profit are.

"SWSH is profitable and will show that Monday. I was at the meeting two weeks ago in which Steve said the following:

Expects revenue for this year to come in over 200 million, and next year over 300 million.

He expects EBITA (profit in case you didnt know..gotta assume that with your postings) margin to come in between 10 to 18 percent"

I referred to INCOME, not EBITDA versus Revenues ...that's what is important to PE ratio.

2009: Revs=$56.8M, Income=-($7.3M) loss
2010: Revs=$63.6M, Income=-($17.6M) loss

$200M revenue in 2011 is possible (buy enough com companies), as is -$30M is loss (current model/trend). There is little likelihood with their currently decaying model that SWSH will be able to suddenly turn out an EBITDA with 20% margin, unless they just fake the numbers.

Your Example is flawed, as you are paying 100, Direct cost (50), and indirect cost (45) are in different amount and time periods, so it comparing apples and oranges over different time periods. Bad analogy.

A more accurate example would be paying $100,000 for a small business that has $5,000/year in directs costs and $4,500/year in indirect costs, leaving a $500/year profit. If you REDUCE (not eliminate) the $4,500/year to $3,000/year over a 5 year period, you can increase profit to $2,000/year. So you paid $100,000 for something that brings in $2k/year = 50 year ROI.

Not good.

No - this Q will continue to spiral downward - they have dumped more money into mom & pop cleaning companies withe little/no accretive earnings.

[givd]

Good Week coming???

Conference call?

Share price to go UP!!!!!

[curiosity K]

http://www.thestreet.com/_yahoo/video/11117540/hygiene-boss-comes-clean.html?cm_ven=YAHOOV&cm_cat=FREE&cm_ite=NA&s=1#944150409001

[bobby5]

Dmiller - I've tried to reply but the board seems to want to delete my postings.

Where to begin.

1) SWSH is profitable and will show that Monday. I was at the meeting two weeks ago in which Steve said the following:

Expects revenue for this year to come in over 200 million, and next year over 300 million.

He expects EBITA (profit in case you didnt know..gotta assume that with your postings) margin to come in between 10 to 18 percent.

I think ECO trades at a PE of plus 20. Lets say SWSH earns 10% (low end) next year and trades at a 30 multiple, its fairly priced in the 6-7 dollar range...i happen to think the 30 is low, and 10% is conservative.

2) So lets see, your function for acquisitions is what, not buy using stock, or cash? I dont get how using 50/50 split is a bad thing...here is how acquisitions work:

Company A (target):
Revenue: 100
Direct Cost: 50
Indirect Cost (IE Overhead): 45
Profit: 5

Well, if i can buy this company, and eliminate their Indirect Cost through the infrastructure I already have in place to make:

Revenue: 100, Direct Cost 50, Indirect Cost 30, Profit 20. I buy Company A if they will sell it to me based on earning closer to 5, whether i pay cash, stock i dont care, Its adds value to my market cap.


3) so other than you and SOB, and Melissa Davis bringing up all news on how Berrad use to do this, and how Wayne use to do that, or how some how acquiring company's is a failed business model. And that show how you guys are privy to the financials of the companies they are acquiring you same the same stuff over and over again. You dont even hold a short position, so why do you waste your time on this board?

[4tg]

quick update SWSH is in a quiet period as earnings are to be announced Monday 5/16, that being said the barrage of sucessive negative media articles which were written occurred during this period as well. Coincidence? Maybe! However this period ends 5/16 after which many questions will be answered and instinctively the answers will be substantially different than the answers the shorts are expecting. my recommendation cover, go long, take the Derek Jeter approach keep banging out the base hits and forget about the fences.Guarantee you the characters who precipitated the selloff are gone or are relying on negative cheerleading to create the selling liquidity they need to cover, stop selling, hold and watch the buyin begin. see you all 5/16

[dmiller]

Is it hard to believe that there is more than one person who sees this company for what it is? I've challenged this board many times to refute the facts posted by us or that woman who wrote that scathing article. (her name escapes me)No one has refuted anything, not even the flawed business model. The best we get from the astute investors on this board is accusations that two posters may be one and the same.

I would like just one person to explain to me how this company will ever be profitable when their model is to grow via acquisitions by using 50% cash and 50% stock? It's not like these small mom and pop co's are accretive to earnings. Most of them are either losing money or making a small profit. Even if all of these acquired co's were profitable, Berrard is diluting the common stock quicker than any profits can keep up. This stock has over 150 million shares outstanding with rev's of only 63 million. Hope and prayer doesn't make you money in the market, proper Due Diligence will.

When this reverse merger was formed, the insiders consisting of Huizenga and Berrard's cronies and family members were issued over 50% of the shares outstanding. Nice!!