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I think the shorts are licking their chops at this stock not the other way around.
So you value one retail store that just opened, 1 total sale on groupon and a online store that that doesnt make money worth 6.5 million?
I would say its fair valued here if not a bit overvalued. 150k is all its worth right now. How much in total sales do you think one retail store will do?
why have they never grown revenue? Explain why it takes 500k a year to manage this and why you think its worth 6.5 million
I see one investment, otherwise it was a $500k loss every quarter. Even if you take away the 500k for investment, you still lost 900k this year with only 5k in revenue.
http://www.otcmarkets.com/stock/MLCG/financials#
yep $4,000 in revenue and a 1 million-loss is undervalued. This is overvalued. $137,000 market cap sounds pretty high.
Nobody has a sell rating? There are plenty of sell rating for sure.
heres two.
http://www.zacks.com/stock/quote/PLUG
http://www.thestreet.com/story/12211627/1/thestreet-reiterates-plug-powers-plug-sell-rating.html
if click here, you can see only one firm is rating it. Thats why its skewed.
http://www.nasdaq.com/symbol/plug/recommendations
Gorss margin was negative still. If you go read there presentation it says they need 70 million in revenue a year to break even.
I would love to see where you got gross profit margins of 15% Because thats not true.
They hit 50 million this year and still lost 40 million. Last quarter they had 1% gross margin but then followed by -5% gross margin.
Looks like this chart they made was a lie.
Revenue 50 million last 4 quarters, market cap 600 million now. 600/50=12x revenue. 10 million loss last quarter. 40 million loss last 4 quarters. Negative gross profit and negative operating margin. revenue per share has decreased TTM to .34 cents compared to .35 even with the revenue increase. Outstanding shares was raised from 80 to 170 in one year to pay for operations. Plug's best net gain was 22% with a operating margin -38% because they issued stock for money.
So whats wrong with these numbers?
Fairly valued here.
They are issuing shares for money. Thats the only way they have money.
Your paying 20x revenue here, 35 million revenue on 700 million market cap
Best margin was -38% because they sold shares for a net gain of 22%. Most of the time it was in the -200%
average loss of 45-60 milion a year. Declining revenue. Overvalued here. staying away
They sold 4k in revenue but lost 1 million. Stay away
How many variations can you find of this style. this has been knocked off by tons of people. Ive seen soo many of these made.
http://www.ebay.com/sch/i.html?_from=R40&_trksid=p2050601.m570.l1313.TR12.TRC2.A0.H0.Xg+pen&_nkw=g+pen&_sacat=0
Ouch. Youre buying ahead of that dilution?
Whats wrong with my valuation? Go run the numbers yourself. Its worth around .50 cents and even then its a risky bet. maybe a $1 becuase of the 13 million in cash But they will burn through that. Down to 13 million out of 18 million from march this year.
so 48 million market cap/1.2million revenue ttm is 40x price to revenue right now
with a 13 million net loss this year, its not priced in.
Its needs to be fractions of its current price for me to invest
not when their cost of revenue is higher then the revenue itself. They cant achieve gross profit, So How will they ever make money to return to the shareholder? And 3 years is conservative. It could be 2 if they lose 65.
No reason to buy when you can get it when they actually have a chance to succeed. There was never a year where they didnt dilute.
so 48 million/650000 revenue per qtr =73 times price to revenue. Overvalued in that sense alone unless theres real profit which there isnt
-operating margin is -230%
losing money fast
so 150 million 2015 revenue and the company today has a market cap of 600. thats 4x.
lets recap. 19 mill rev, cost of rev 20 million. operation cost 10 million. operation margin -50%
So they still lose 40 Million of the 150 million in cash you just got diluted out of in a year. So they need to grow within 3 years substantially or what? they have no money left and you get diluted further.
Sounds like the growth is a dream right now.
I dont buy the growth. Plug cant make gross profit, let alone operating margin.
-50% operating margin = losing 10 million a quarter is not ok.
19 million revenue but a loss of 10 million in a quarter. 5x for them to break even and become profitable. thats 100 million per quarter in revenue at least for them to begin to put money into the company.
They need to bring there cost down bottom line.
Ugh they still have no operating margin. How do you expect them to contiue. If you invest now and get diluted your ivestment will be wothless. You already own 75% less shares then you did 3 quarters ago. You just think they will magically make money all the sudden. They need to increase revenue 5x atleast. Gross margin is negative and operating margin is real negative. Thats going to take a long time.
plug can easily hit below $3 sometime soon. Better hope this holds.
Did you read mine? Even with that increase this year from q1, it was a loss in revenue per share from last year.
Im supposed to pay 10x and put value in a company thats diluting and losing on average 45-60 million a year?
Read this before investing.
even though revenue growth has happened, their still not making as much revenue per share as they used to becuase of dilution.
Look at this chart. you can see the revenue per share TTM is lower even with increase in revenue.
here is the dilution on the books which changed the share structure
The only reason they have cash is becuase of the issuance of that stock. At .34 cents ttm, Thats 10x revenue at a stock price of 3.60 and their still losing money. Plug to go lower
last quarter, they sold shares for money. They will need to do more.
Revenue was 650k with net loss of 2.3 million. shares outstanding went up from 15 million to 22. So you got diluted down. All while the market cap was 650 million. Now its 460 million market cap after today. so 450 million/650k = 690x price to revenue. SO yeah you can see why it was a horrible quarter and will fall more most likely
Wcrs undervalued
TRV undervalud. $150 a share
Apple still undervalued and the market is listening. Apple $200
Most likely the short term rise in gold. Stock might go higher from here but it will sell.
It might not be a bad trade here. If you can get $5. Its got good tangible value at $5 per share but they lost 3 billion last year.
3.60 is still a value of 600 million market cap. Thats 10x current revenue trailing total. Losing 45 million a year. Yeah its over valued here
Far from cheap here. What metrics are you using to value it at "cheap"
No they didnt have that much revenue but I did use the wrong numbers. Its 50 million trailing which is over 10x current marketvalue.
The Company only gained equity to shareholder(150 million) because they issued stock. If they dont fix that soon it will be 0 equity again.
december 2013 revenue per share was .35 cents
Trailing total is now .34 cents
they doubled their revenue from last year but revenue per share went down because of the issuance of stock for cash
So in reality the increase in revenue wont help because margin is bad.
Overall revenue is delining. somwhere around 25 million. Market cap is 670 or so million. Your paying around 26x revenue right now. The kicker is, they lose around 45 million a year and they just diluted current shareholder by 10x. you own 1/10 you used to this time last year. Thats why it has zero value for me
Bad quarter, Bad dilution on the books. Current shareholders got diluted 50% from last year untill now. Outstanding shares went from 15 million to 22 million. No wonder its down.
glad I bought puts, nice move down to start. I see no value in this company
becuase the company needs money to operate. They have no way to get cash other then to issue more shares. It will happen, no other way around it.
Plug-hired-a-cfo-and-he-never-came-to-work
I wonder why?
b) Departure of Chief Financial Officer of Plug Power Inc.
Plug Power Inc. (the “Company”) previously announced on September 3, 2014, that Christopher T. Hutter had been appointed as Chief Financial Officer of the Company, effective as of November 6, 2014. However, due to personal reasons, Mr. Hutter never began his employment with the Company. Accordingly, effective as of November 6, 2014, the Company and Mr. Hutter entered into a Termination and Release terminating the Executive Employment Agreement, dated as of September 3, 2014, between the Company and Mr. Hutter and releasing each other from all rights and obligations thereunder. A copy of the Termination and Release is attached as Exhibit 99.1 hereto and is hereby incorporated into this report by reference.
On November 10, 2014, the Company announced that Paul B. Middleton has been appointed as the Chief Financial Officer and a Senior Vice President of the Company, effective December 1, 2014.
The Company and Mr. Middleton entered into an Executive Employment Agreement, dated November 6, 2014 (the “Employment Agreement”), with a one year term, effective as of December 1, 2014, which renews automatically for successive one-year terms unless the Company or Mr. Middleton give notice to the contrary. Pursuant to the terms of the Employment Agreement, Mr. Middleton receives an annual base salary of $375,000, is eligible to receive incentive compensation as determined by the Compensation Committee
So im guessing next 8k filed, this guy who is making 375k a year is going to issue shares for money. down goes plug
Fairly valued here. Good stock, wanna wait for a pull back.
Going to 50? Delta is a cash machine right now