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Zig, there was recently a $35 mm settlement with the broker Edward Jones and I got a whopping $10 out of it, being part of the class action since I was with them during that time period that wrong-doing was alleged. Lawyers ate up most the settlement. they're the only ones that get rich in a class action imo
"Devries selling paper like a madman" Got proof of that?
yeah jk21, out of the last 12 banned 10 are pro-SLJB. Shows you the kind of posters that are tolerated here. Uhh, bears board?
marketmann-it's cmpoetley. u msesid n "e". lol.
What did toddenholden get banned for? TIA
Pocket change: It's what you have when you don't have a hole in your pocket. I'm outta here, try to enjoy your weekend
up 400% in my recent purchases - pps is what matters and that's not really here nor there as far as the reality you wish to debate (which you seem to think you have a lock on lol) and denial. No offense sandbath - have a great weekend!!
I don't know sand - complete denial works both ways
pocket change - it's what they did with it that counts and expanding and acquiring new vistas was the objective. Sure it was done without our knowledge but if the outcome is that it was for the greater good of all involved - I've got no problems with it. He11, I've even chipped in some more to thank them for the recent 400% gains. Sorry you missed that one too. Must be those rose colored glasses you see the world thru lol
userdoozer-all i'm reading from you is blah blah blah sos with nothing to back up your financially depressed logic of SLJB. No offense, just try a new tactic once in a while - ummkay?
Welcome back jannie! These can and usually do drag on for years as you know.
Point was that hedge funds would laugh at the idea of "buying" SLJB - insider info? lol
Sure, laugh their asses off at the thought of buying it but shorts selling is selling what they don't have (borrowing). So yeah, I can see a hedge fund manager laughing at the thought of buying SLJB because that would mean they would have to cover and, they don't like doing that do they whistles.
You are obviously getting me totally wrong. all I'm saying is that a P/E of 15 is typical for building supply companies (as illustrated) and a growth P/E of 20-30 is typical for undervalued and growing companies. Try this. Company A earns 2 million net with 600mm outstanding. EPS of .0033 per share. Typical multiplier for building supply companies is around 15. That equals a share value of .05. An undervalued company or one that's growing usually has a multiplier of 20-30 (undervalued equals higher P/E). Lets say 25 (average) times .0033 equals. .082. That's on 2mm profit only. I expect SLJB to do much better.
EBITDA is not net income it's operating cash flow before interest, taxes, deductions and amortization. Essentially gross income. The reason your figures are off is because you're using EBITDA - gross instead of net. Try it using net figures and you'll see how that balances out like it should.
NICE TRY THO
eggs-tell that to yahoo cause that's where it was pulled from.
Growth company and growth stock
A growth company undertakes positive NPV projects that increase stock value
A growth stock is currently undervalued enough to drive its return higher than other stocks of the same risk level
These may not occur together
Sand, trivializing a P/E of 15? LOL. read up on growth stocks
thanks
for comparison:
Leaders in Quarterly Revenue Growth (YoY)
HOME DEPOT INC [HD] 4.00%
LOWES COMPANIES [LOW] -3.70%
BUILDING MATERIALS## [BLG] -35.70%
BLG shows losses YOY of 35.7% and still has a P/E of 11.52. Lowes is losing money and has the highest P/E. Interesting huh.
Company Symbol Price Change Market Cap P/E
The Home Depot, Inc HD 38.51 0.55% 75.85B 13.78
Lowe's Companies Inc. LOW 32.24 2.90% 48.69B 16.24
Builders FirstSource, Inc. BLDR 15.90 2.27% 563.81M 11.52
No Sand, it doesn't mean that at all. It means they are facing accusations that they have to overcome. Innocence or guilt is not your to decide and don't twist my words that way. Thanks
As far as growth multiple- they are new and a growth multiple of 20-30 is typical for growth companies. Please check your figures.
They don't stay in business for over 25 years, buy Sams and lease a huge warehouse in Alberta if they're not making money. Maybe not the 15.88mm but more than you or your cronies want to give them credit for. Where's the judgement in the Drago case? Oh, continued? After you were touting it's veracity it turns out that it really is negative hype you're after - sensationalism. I'll leave it at that
Sandbath : have you even put the numbers to paper? Even if they have only a net of $1.5mm with a typical growth multiple of 25 that still puts them higher than we are now (using 725mm shares and not the outstanding 600mm+/-. I'll bet it's a lot more than $1.5mm by the way. Try it yourself before you pontificate too much about the risk involved here and people lose money from your touting. I'm considering this way undervalued. My bottom line is that they have to save their own asses and in doing so will save ours. Pretty simple really.
Thanks Fraud: so 15.88mm net. Not sure I'd take that bet at this time sand - lol. Ask me around 7/5
sand : where do you get this? "Hint: It involves the claimed $16mm after-tax earnings for year ending May 31 2006."? They run a March 31st year end is my understanding so May 31st doesn't make sense. I always thought that $16mm was gross, so can you point me to your reference? Thanks
Ditto Coop
But, at the same time, that very important fact can't be overlooked as a factor.
Out of context. I was using the inference as a response that person could understand.
Well hock, since you're not getting a straight anwer, to have the funds to conform to SOX (very costly) and expand the business. If anyone says anything more than that it's all hearsay. After all, have they run as many stated would happen? No, still doing business and the detractors won't call or visit
UD: I could or you could just follow the thread back so you're not misinformed when you try to spin
That's what I figured ragz "non-issue". Reminds me of the saying "The wheels of justice move very slowly but grind exceedingly fine"
so ragz, until the default judgement is rendered, a motion to set aside the default cannot be filed. Once the default judgement is rendered it is by no means over as follow up motions can suspend or even re-open the case from the beginning. No quick relief then for the plaintiffs, at the cost of the defendants untimeliness. Thanks
L2 100x.02 200x.022
Sand the bet is at least 16mm. why do you have a problem with that?
you see sand, i'm invested here on the base business, the rest could be icing on the cake. How's that crease in your suit doing?
LOL, won't take the bet?
Sand I'm not worried but when you start contradicting yourself like this i have to wonder - that is not what you said
Sand, i don't know why people are touting 16mm net when from what i know it's gross. do you accept a bet on those terms?
i never considered this a gamble user
uhh sand, you're breaking down. your sense of fairness is well intact but it expired? hard to see reality from the mud
none of that matters sand, pps is the story. callous can be used to describe how that 90% drop can be ignored for more tasty treats like calling the hospital where pv's dad is to be sure he has a dad, or to bother leslie and her friends to make sure she really is a soccer mom. uncalled for and the generations on this board are so far off the real problem it's pathetic
no user-the problem is a 90% drop in minutes for no good reason. pps is the problem and all the others are footnotes