Retired CFO
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Yep. But not sure why.
You say "I can say with almost certainty that cord blood banking will never be a very profitable business. We can only hope for a buyout or a pump and dump to get our money back here." I say you have no clue what you are talking about.
As for us only acquiring 51% of these foreign companies, to me that is smart for two reasons. At 51% we get to book the ENTIRE revenue stream on our books. And the other benefit is running a foreign company is difficult for even a large company that has deep pockets. So only buying 51% leaves the old executives in these countries still with a large vested interest and makes running these companies from the US much easier. I totally agree with that thinkng. I was the CFO for a company in Latin America and know the difficulties.
Thanks for your thoughts. One correction and my thoughts. Biocells does about $1.5M a year in revenue at about a 10% profit margin. Not bad for a market that has yet really taken hold. My other comment is simple. I predict Matt will buy his way to profitability by the end of this year. And not just profitable, but surprisingly profitable (after consolidation of course). As with all deals it could take longer than hoped/expected, but I'll stick to by the end of this year. Time will tell and I hope I'm correct.
I haven't been one to believe a share buyback was in play here. But under the current circumstances it could very well be under consideration. At these prices the market share for CBAI is about $20M. A ridiculously undervalued company. The other thought is if we're truly under attack as some speculate, a takeover could also be part of someones play. Truly speculating here on both thoughts.
I have never seen 9 MM's on the Bid and 1 on the Ask and yet Nite keeps the Ask at .0041. You have to ask yourself why? We have a major deal in the works. Could this be an attempt to keep our price low because someone is trying to work against that major deal? I don't know. But someone I know thinks so. I'm not smart enough to understand.
Morning Michael. Can't read your PM link. Maybe you can send it to my email. I'm surprised we didn't get into the 5's yet. Maybe before the day ends we have a run. Regardless, I'm Long and not going anywhere soon.
I'm not aware of anything that would stop us from doing something in Canada. I'll ask him.
Matt was in Switzerland and Mexico recently. So those may be next.
He's pumped because he already told us to expect a couple more acquisitions in the next two to three months. And that was almost a month ago. The big one is still coming. Huge one I mean. Christmas will be good this year for believers.
Now I'm confused. So should we sell right after the Biocells deal? Tell us please.
So StLXer, what are you thinking? You've been silent lately. You think we should sell soon like Waiting? We miss your commentary.
Got it. So when are we selling? You make the call.
It's a deal. In Vegas for the second annual Grand Opening. But he prefers Chopin.
Hey Booger. Glad to see you're awake. I think we have the Biocells deal announced before the market opens tomorrow. I sure hope so cause I had Argentine beef for dinner and it was great. I'm just trying to get Waitings take on when to sell. I know you're interested also.
I just wanted to sell when you sell. So when do you think?
So at what price do we sell? I'm not sure.
I agree. So when do we sell? I think it may run a bit so timing is key.
To celebrate the Bucs victory and the Biocells closing I'm having Argentine beef on the grill this evening. It's going to be awesome.
I'm expecting the Biocells news Monday. Now the question is what if anything will it do for our share price? Back in the 5's for sure IMO. But more? Any thoughts?
I know you too. LOL. They aren't getting to me. Maybe I was a little upset cause the Rays lost last night. We should get the Biocells deal next week and we can put another question mark for some to bed. Go Bucs and CBAI.
Actually there are many on this Board that can vouch for me.
Unreal. Just goes to show you we do have some intelligent Longs.
I know you are Morley. And you're not going to be disappointed.
Evening Morley. I am having some Jack tonight thank you. And Matt isn't accidently talking about us currently being #8 in the World. We could be #1 by the end of next year IMO. Stay tuned.
Actually, we had dinner with him and Stef didn't we?
Sorry Locks. Just don't like investors suggesting Matt is a liar. Far from it. Nite Nite.
Actually Robbie, that means you think Matt may be a liar. Not.
Wow. You're suggesting it might not happen. That would be really bad news for CBAIWaiting as he was suppose to sell today and didn't thinking it would happen next week. You could be right.
Take a look at the following companies that have properties in the White Gold area in the Yukon. See what has happened to their share prices. This is a real hot area right now. Anguf/URA has 30 square Km's of claims (four different groups) in that immediate area.
look at:
V.NTR
V.BKT
V.ATC
V.KAM
Underworld V.UW was taken over by Kin Ross at the end of June.
Only about the share price.
I'm not going to be wrong.
I can't answer that nor explain why we're trading this low. Regardless of what the share price does it has no bearing on the true market value. Someone is selling but I don't think it's Matt. Matt knows he has to get profitable and the quicker the better. And you can bet whoever he is buying will immediately make us profitable. I say by year-end.
Hey Mr Long. You're right. But this is also an opportunity to put more eyes on the other options. I can't wait to find out who Matt is buying. And who is our new sugar daddy if we have one. Everything I'm hearing it will happen this year. Then the fun starts IMO. If the China sub announcement includes statements about wanting to build 11 facilities asap that too would be a huge boon to us with our 8.5% royalty. The share price won't be at these levels for much longer. I can wait.
OK so you didn't say it but you did say it. I got it.
This is my last post also. My Rays beat the Yankee's tonight. My stock is going to soar by year-end. We have a few fools on this site. But what's new? Nothing. Longs just hold on till year-end. We have a wonderful China announcement coming. And the Mother of all acquisitions. What more could you want from a fully reporting BB stock? Nothing is the answer. Matt is going to make a lof of people that have faith weathly. Really. Nite nite. Dew
I guess you're not going to respond my comment. CBAI will be .03 or higher by year-end IMO. What you say? Maybe .0025?
If you're such a realist. Please explain how CBAI goes out of business with little debt and almost cash flow positive. That makes no sense to anyone but you. Something you bring up often. Appears you have no clue what you're talking about when you say things like that.
Don't worry. The pessimists on this board will be celebrating like nothing happened wrong in the past if they hang in for a few more months.
I didn't say it. Matt said it. But that was years ago when Matt was just starting the company so at the time that was a knock me over with a feather moment. We had nothing to speak of before that deal was done.
For you Longs, Matt has now promised another knock me over with a feather moment in the near-term. The last one we were nobody. Today thanks to Matt we have deals all over the globe. When Matt said they were looking at how to reward the Longs, I thought and still think it has something to do with the China Sub announcement. But to me, Matt going on Facebook and talking about a coming game changing acquisition, that was a gift. Why do you think I bought 5M more shares?
Now if you're still not sure. I heard from Matt today. I asked if he was still confident we would be hearing about a knock me over with a feather moment in the near-term. He responded, "very confident". I say by year-end. Not that far away. And you connect that coming event with the fact Matt says they have spent some time figuring out the top world players and that we're 8th, connect the dots. We're going to be much higher than 8th after this deal. Stay tuned.