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Man that buy in price was timed perfect in $18.58 now $21.67
Oversold as of last week, in at $18.58, dividend is healthy too jmo
COHEN & STEERS INC has filed a new 13G, reporting 11.13% ownership in $GEO - https://fintel.io/so/us/geo and https://fintel.io/i/cohen-steers
This Geo Group $GEO 5yr DCF valuation implies 6% upside before earnings Wednesday:
DCF Analysis
Federal BOP Cancels The GEO Group Contract Modification For Prison Operation http://marketexclusive.com/federal-bop-cancels-geo-group-inc-nysegeo-contract-modification-d-ray-james-correctional-facility-operation/24744/?icd1
I shorted some more @$23.75. I love these buyers. Happy weekend to all. Stay short in GEO if you have some ear and want to hear with it. It's going to meet the taste soon.
Great exit! Congrats
Thanks, but I am out already with my tasty profits Good luck to you.
Good job. Was never in. I would have gotten some at the $16 level yesterday just because it was expected they'd do something to try to downplay a terrible event. But I never had the opportunity. But what the feds started will be a wave. It's been on medium to low level heat for some years now. Some folks have shorted on that possibility. Yesterday, they got rewarded. Now the tendency is to wish it off and keep buying. However, I wish I could exhibit any such optimism for a.dying industry. Wait until the activism erupts in the local level which would happen. Some official is already taking heat for an AZ award to GEO. It will spread. JMHO. Short.
It will head back to $15. Very stupid thing to announce an extension a day after major Fed policy reversal. The PR was clearly meant to mock the policy. But it's shooting oneself on the foot. Further, there's campaign at the state level (Arizona) against GEO in particular. I shorted at $23.17 and will add to the position as funds are freed. Sentiment is Tasty Short
Thanks man! I am out at $22.13.
Probably will open $23-$25. This halt is for good reasons, versus yesterday. Was already up to $22 before the halt.
What a circus show here. Well it was halted twice yesterday due to circuit breakers and each time it was a bloodbath after.
Better plays out there IMO lol.
That's at a 11. Damn.
Probably till after news conference
Did they say till when or why?
Contract extended
ahh never mind only 10% federal. maybe only a small short
$GEO
Article pointing out that geo's revs are only 10 percent from federal. Everything else apparently un risked. Apparent way over reaction to the down side and could rebound hugely.
"CNN’s Paul La Monica doesn’t think it was a logical move. Earlier today he said on Twitter that the declines of almost 40 percent seen in The GEO Group Inc (NYSE: GEO) and Corrections Corp Of America (NYSE: CXW) were “stupid,” arguing that, while the DoJ’s decision was “undoubtedly bad” for the companies, they still have state contracts.
Last week, analysts at Canaccord explained that only about 11 percent of The GEO Group’s revenue derived from its exposure to the Federal Bureau of Prisons .
“While we see low risk to GEO's BoP contracts, political rhetoric on the elimination of private prisons has weighed on the stock recently,” the report added. “Adjusting out GEO's halfway houses (all federal halfway houses are operated by private players), GEO's exposure to the BoP is only just over 10%.”
Given this backdrop, the analysts believed the company carried a low cash flow risk, “given the challenges associated with executing a plan that would eliminate the federal use of private prisons.” One way or another, they think a worst-case scenario has already been priced in.
"
what is the float here ??? for GEO
watching it...waiting for a bottom scalp.....
Seems like 50% taxes is getting excessive. I need a cardboard sign that says "Will work for big government and starve"
Could be targeting 25 from here looks like.
So I take it that Wall Street does not like the dividend policy. I’m starting to watch this one now
Well, as long as they are not like the one in central america today they should do ok imo.
I would need to do some more studies and I just lost my best hard drive tonight. I hope it works out for ya though.
CPSZ Continental Prison Systems deal strictly with self service kiosks they are mostly in jails and I think starting to gasp some prisons. I do know they have grown super fast since 2009 when I became aware fo them. But the stock price does not match the acceleration of the company. I can’t really ask the board on CPSZ only because there are a lot of cheerleaders and such. I found a PR that named Geo and Cxw and I wanted an outside opinion was wondering how the privately owned prisons are linked to Cpsz. I can surely understand why GEO is doing so good like you said it has Concrete and steel.
Ohh thanks for the super fast response
All depends on if they own any real estate with concrete and steel on it. Looks like they are new and had a little spike last year..
So I see this company GEO owns the prisons and such my question would be can a company only dealing with the money side of prisons and jails work together or would they be competing in the same sector? Any opinion replied would be cool. The reason I ask is because I invested a little in to CPSZ Continental Prison Systems, Inc do you think this little company has a chance?
Thanks
~ Monday! $GEO ~ Earnings posted, pending or coming soon! In Charts and Links Below!
~ $GEO ~ Earnings expected on Monday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.
http://stockcharts.com/h-sc/ui?s=GEO&p=D&b=3&g=0&id=p88783918276&a=237480049
http://stockcharts.com/h-sc/ui?s=GEO&p=W&b=3&g=0&id=p54550695994
~ Google Finance: http://www.google.com/finance?q=GEO
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=GEO#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=GEO+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=GEO
Finviz: http://finviz.com/quote.ashx?t=GEO
~ BusyStock: http://busystock.com/i.php?s=GEO&v=2
<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=GEO >>>>>>
http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916
*If the earnings date is in error please ignore error. I do my best.
Beat up stock
This is a pretty beat up stock 50% off it's highs from earlier this year, and in a downtrend. However, unless people stop committing crimes or the state prison system can incarcerate people cheaper, this company should be able to make some money. The stock is on the 618 retracement level from the 2009 low to the recent high, so it could be worth dipping in the toe. At 16 I will pull the trigger without any debate.
Not my cup of tea, but the chart is interesting...
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Primary IR Contact | Filing and Other Information
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Welcome to The GEO Group, Inc. You might already know that GEO is a world leader in privatized correctional and detention management. But did you also know that we offer a wide range of other diversified services - from home detention to the development of residential treatment and mental health facilities?
We invite you to browse throughout our website to learn more about our company - and what makes us different from our competition. You'll see why our management team is the best in the business and how our unique turnkey approach allows us to more effectively design, build, manage and finance our state of the art facilities. You will learn why our unique approach to rehabilitation has become the model of treatment for our entire industry. You will also learn more about the many benefits of privatization - and why we believe a strategic investment in GEO makes good business sense.
All levels of government (federal, state and local) are being pressured to relieve prison overcrowding and by public opinion to impose longer sentences and resist early release programs based on insufficient jail space. Limited financial resources and resistance to tax increases compound this dilemma. The GEO Group, Inc. (GEO) offers privatized detention/correctional facilities as a viable solution.
As a contractor in a competitive arena, GEO's cadre of corrections professionals are motivated to find cost effective and innovative approaches and also provide the highest quality service possible. GEO provides all levels of secured facilities.
As an integral part of any correctional program, GEO has developed an expanding reputation as a provider of quality basic education programs, vocational training, substance abuse counseling and job seeking skills. Its operation of detention/correctional facilities also includes food services, medical care, building and grounds maintenance, transportation and full logistical support.
As public administrators become increasingly supportive of efforts by the private sector to assume tasks traditionally performed by government entities, GEO is in the forefront, providing leadership and innovation to this expanding service industry.
GEO brings to the marketplace an extraordinary reservoir of knowledge and expertise, unparalleled in the industry and well prepared for the challenges of the future.
George C. Zoley
Chairman of the Board
Chief Executive Officer and Founder
Corporate Information
The GEO Group (NYSE: GEO) is a world leader in providing diversified services to government agencies around the globe. We offer high-quality, cost-effective services in the areas of correctional and detention management and residential treatment through state-of-the-art designs, innovative programs and ground-breaking treatment approaches.
These services include:
We design, construct, finance and manage jails, state and federal prisons, special-purpose institutions, and immigration and detention centers.
We develop and manage medical and mental health rehabilitation facilities and services, including those focused on education, substance abuse, counseling and work programs, and community corrections services.
We deliver various other management services such as secure prisoner transport and escort, court and immigration custody services, and facility maintenance services.
At 2nd quarter 2008, we manage, or currently developing 64 correctional/detention and residential treatment facilities worldwide. Under these agreements, we manage over 59,000 offender beds in North America, Australia and South Africa. Our revenue at year-end 2007 was $1.024 billion, and net income was $41.845 million.
We currently have over 14,000 skilled employees. Corporate staff includes experts in prison design, financing, contract compliance, risk management, general administration, security, health services, human resources, information technology, basic education, vocational training, counseling, substance abuse treatment, mental health services and special needs populations, food service, facilities maintenance, and procurement.
Our world headquarters office is located in the United States in Boca Raton, Florida. We also have regional offices in Carlsbad, California; New Braunfels, Texas; and Charlotte, North Carolina. Our international offices are located in Sydney, Australia; Sandton, South Africa and Reading, England. Our stock is listed on the New York Stock Exchange under ticker symbol GEO.
Board of Directors
The GEO Board of Directors (from left to right): |
George C. Zoley Chairman of the Board, Chief Executive Officer and Founder The GEO Group, Inc. | Wayne H. Calabrese Vice Chairman President and Chief Operating Officer The GEO Group, Inc. | Norman A. Carlson Former Director Federal Bureau of Prisons | Anne Newman Foreman Former Under Secretary United States Air Force | Richard H. Glanton Senior Vice President Corporate Development Exelon Corp. | John M. Palms, Ph.D. Distinguished University Professor President Emeritus University of South Carolina | John M. Perzel Member Pennsylvania House of Representatives |
Corporate Structure and Other Details
The GEO Group is a decentralized organization composed of:
GEO's global corporate headquarters consolidates key corporate functions that serve the entire organization. These include the:
GEO Care, Inc. (GEO Care) is the premier provider of behavioral, mental health, and other special needs health care services to state and local government agencies. Established in 1997 as a subsidiary of The GEO Group, we offer high-quality, cost effective services, with state-of-the-art designs, innovative programs and ground-breaking treatment approaches. GEO Care has been recognized for delivering high-quality care and effective treatment programs. A sample of our accomplishments are shown below:
The formation of GEO Care is part of GEO's strategy to diversify into services that are complementary to its core business.
Industry Awards and Recognition
GEO takes great pride in ensuring that all facilities maintain the highest possible operating standards. Accreditation is important because it evaluates our facilities, measures our operating excellence, and assesses the integrity and professionalism of our staff. This promotes a "culture of quality" at GEO that ensures our adherence to performance standards that are among the highest in our industry.
All of GEO’s facilities are designed and operated in a manner consistent with the recommendations, standards or guidelines of one or more industry association, commission or council, to whom we regularly open our doors for inspection and evaluation. This cooperative, disciplined approach has resulted in the accreditation or reaccreditation of numerous facilities, with compliance scores as high as 100 percent. Accreditation establishes benchmarks for the quality of our operations and also enables us to gain additional protection for our client agencies against claims and litigation.
To obtain accreditation we adhere to the guidelines of the following organizations:
American Correctional Association (ACA)
ACA has developed national standards and implemented an accreditation process to maintain a balance between protecting the public, and providing an environment that safeguards the life, health, and safety of staff and offenders. More
International Organization for Standardization (ISO)
ISO represents an international consensus of standardized requirements for different quality management systems to assure that rigorous quality standards are maintained. More
National Commission for Correctional Health Care (NCCHC)
This accreditation program has established comprehensive health care policies and procedures that meet the highest standards in the industry. More
Joint Commission on Accreditation of Healthcare Organizations (JCAHO)
Accreditation by the JCAHO proves that effective health services and overall health protection is provided for inmates, ensuring a low risk of liability related to these services. More
Australian Council of Health Care Standards (ACHS)
Accreditation is awarded to facilities that consistently deliver health services efficiently and offer above-average health protection for inmates while maintaining a low liability risk related to these services. More
National Safety Council of Australia Ltd. (NSCA)
Provides awards for implementation of safety systems and processes that demonstrate an innovative approach to workplace health and safety. More
Southern Association of Colleges and Schools (SACS)
Is one of only six such regional accrediting organizations recognized by the U.S. Department of Education. It accredites more than 13,000 public and private institutions in 11 states of the Southeastern U.S., Latin America and around the world. Member institutions regularly perform comprehensive self-evaluations to assist in improving and maintaining program quality. More
Correctional Education Association (CEA)
Provides a set of comprehensive standards designed to establish a framework to evaluate education programs in correctional settings. More
Past Honors And Accreditation
We achieved the following accreditations and honors with our former 50% partner Serco Investments Limited with whom we owned and operated Premier Custodial Group Limited (PCG) in the UK until we sold our interest to them.
Chart and Other Information
Ref: Form 10
Common stock, $0.01 par value, 90,000,000 shares authorized, 67,146,903 and 67,050,596 issued and 51,071,903 and 50,975,596 outstanding
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