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well the dow was down over 300 points yesterday..likely the news from a small OTC company, regardless of how great the news is, was probably the last thing on most investors minds.
new Zacks report out http://finance.yahoo.com/news/labor-smart-ltnc-starting-2014-123000868.html" rel="nofollow" target="_blank" >http://finance.yahoo.com/news/labor-smart-ltnc-starting-2014-123000868.html
I dont think we can reliably extract that number. We dont know what the first 4 weeks revenue was..only the first 4 weeks same store sales. We can make an educated guess I suppose. Either way I agree that revenue is up impressively. I dont think we can "chop" off that extra week in the big picture either. That revenue has to be counted and the company will have to deal with it when the next comparison is 4 weeks this year vs 5 weeks last year. I dont think they will have a problem with continuing to show huge growth numbers though...2nd best month since inception and its January..a very slow month for the staffing business. Cant wait to see summer numbers come in. 3-4 mil a month in revenue coming imo.
YoY revenue is up 223%..not 176 fyi
I dont think this is the case. They recognize revenue at the time it was billed not the time it was paid. Thats the difference between accrual and cash accounting.
Revenue is up 223%. Cant spin that into a negative no matter how hard one tries.
December? December is gone. We are in February. Sales up 223%.
Please illustrate for us all these "falling revenues" that no one else on earth is able to see. Thanks in advance for enlightening us slow people.
Yea Im sure it has absolutely nothing to do with seasonality..like for example outlined in their 10k, True Blue's 10k, and pretty much anyone who is in this sector, that revenue slows in the winter months. However, even with this seasonality affect, the company still manages to produce its 2nd best month ever in January..that in itself negates any claim that revenues are falling. I mean..223% revenue growth and 90% same store revenue growth...yea..that looks so horrible doesnt it lolol.
These "facts" are fiction. Revenue is up any way you want to measure it unless you want to measure August with January (which would be very silly).
Fact - January 2014 was LTNC's 2nd biggest month ever..
Fact - Same store sales are up 90% in January vs 2012.
Fact - YoY revenue is up 223%
Those are facts.
The stock is going to $10 or more. That is my opinion.
Easy.
no one cares about the losses...why? because they will go away as the revenue keeps growing at 223%.
223% revenue growth YoY
90% same store revenue growth YoY
Imagine what the profits will look like by years end with these kind of numbers. The financials already show that losses as a % of revenue are going down drastically. These are undeniable facts.
LTNC
Please provide the reasoning to show that revenues are down. The only measure by which revenues are down is if we want to compare August 2013 to January 2014. Measure by any other method comes to the conclusion that revenues are up...WAY UP!!!
Good luck.
The negative spin doesnt change the facts. Revenue is up..way up! Im most excited about the same store revenue growth of 90%. Just wait until the 9 new stores are putting up these same kind of numbers. We can look back and see how big of an impact these new stores make once they start running "in full stride". The future is bright for LTNC!
2014 = 30+ million in revenue
2015= 60+ million??
Wow!
January 2014 was their 2nd best month ever...yea..that means they will never make it lol. 223% revenue growth yoy in one of their slowest months...omg its the end of the world lol. Good luck.
November had 5 weeks....
and remember how "the only reason sales are up is because all of the new places" and now we here "the only reason sales are up is because of all the old places"..i mean which is it?
Sales are up..way up. Deal with it shorties!
LTNC
Maybe should re-read the news. January rev - 1.877 million. November rev - 1.697 million, an increase of $180k. Again..not sure why we are comparing January to November to begin with, but if we are..lets at least use the correct numbers instead of making a false statement that January revs were 300k less than November revs.
$LTNC
What does November have to do with anything?
spinning? he breaks it down pretty well..even compares the first 4 weeks of this january to last january so we can actually see like period comparisons. the 4 week numbers show 90% same store sales increase..the full month shows 223% company wide sales increase...no spinning..just more great news confirming what most of us already know.
just doing some math here..CEO says 2014 revs should be 30 mil.
2013 revenue grew at 130% over 2012.
2014 starts off with a 223% gain over 2013.
16.5 million from 2013 x 223%= $36.8 million
He's either being conservative with his 30 million projection, he's sandbagging, or he's going to raise the projection imo. One of the 3. My guess is either being conservative or raising projection at some point in the future.
$LTNC
System-wide, January 2014 total revenue was $1,877,674, a 223% increase over January 2013 revenue of $580,556.
223%...holy sh@!
This is such a simple concept...revenues are going up..gross margin dollars are going up..net losses as a percentage of revenue is going down. The point is that as the company keeps growing revenue they will find positive income.
There is a difference...someone said it was going to .06 after Q1 2013 financials. That persons prediction was wrong. I am saying its going over $1. It is yet to be seen if my prediction is right or wrong.
besides..its up 10%. THE MARKET HAS SPOKEN!!!!
I think its even more funny that we were told over a year ago that it would be under .06 lol. Im sure we can all agree thats hilarious!
without question that would be a steal of a deal. IMO anything under $1.00 is a gift. Yes that might seem far away from current PPS but imo that is the reality. This is a $10 stock in the making. Time will prove me correct.
grats...i like it better at .20
sorry if you paid .82. I was selling then.
buy low/sell high..not the other way around
wrong..LTNC is worth .21..the market has spoken...guess you have to listen constantly to see what "the market has spoken" lolol...such inexperience
So when the stock goes up to .24 today or Monday or whenever..can we say "LTNC is worth 20% more than it was yesterday-The MARKET HAS SPOKEN!"??
lmao
PPS changes hourly/daily/weekly etc. PPS does not reflect the value of the company, it reflects the price. If pps reflected the value no one would ever make a profit investing..hence the word "undervalued".
right now i can buy LTNC at .20. To me that is a good value because I believe the future price will be much much higher.
Thats investing.
ok we can just compare the 6 that were open last year to this year...yeap...revenue up 86%
LTNC
just look at whats on the bid..if thats not good bid support i dunno what is.
must be looking at the wrong stock
LTNC bid support looking great
well the 250k on the bid says someone thinks it is a buying opportunity.
You've been saying this would be sub penny and that the "end is near" for over a year lol
Why would anyone be interested in investing in a company if it only had enough revenue to make just a few hundred thousand in profit per year. With LTNC we are investing in what will the potential to make millions in profit per year. They need critical mass first. I like their strategy so I repeat my statement..no one important cares about losses at the moment. Talk about that in a few years for it to be relevant.
yea cause people never move lol
all 16 offices are listed with phone numbers, addresses, and even email addresses.
no one cares about the losses..blue chip companies >>>that way
its all about the growth. talk about profits in a few years.
I passed by the one in Augusta, GA last week. It has moved accross the street from where it was last time I was over there. I just happened to notice it while at an Applebees! The one in Marietta is a short distance from me. I have personally visited a number of their offices, including the corporate office which is only 45 min from me.
Im quite amazed that there are people who still claim this company has no real operations lol.