Replies to post #62400 on Savvy Trades and Investments

[2morrowsGains]

WSTG...Yep. I think the current pull back is a knee-jerk reaction due to the CEO departure.
I just don't see how you can go wrong with having this stock in your long-term portfolio at these prices. Wayside has been paying and growing dividends for 15+ years. I love the fact they don't have debt and they are in the tech space.
Got to buy and add these stocks when they are down (IMO). 6% yield is excellent on this company.

[SSKILLZ1]

WSTG

I bought some WSTG this in the 11.20's Avg as well.

1) q1 was very strong at .32, but do keep in mind q1 is generally the weakest quarter of the year. I expect q2 to be about .32-.35. Before q3 and q4 come in where we see .40-.50 quarters, I believe the stock will be in the upper teens by the end of the year. I feel they will earn about $1.50-1.60 for the fy, and I think it is worthy of a 12 pe. Hence I see FV in the upper teens.

2) Pays you while you wait, with a 6% yield. So that is a plus.

3) Balance sheet is strong with over $3 in cash. So that is a plus as well. The cash has more value here because they do something with it called paying a divy.

Conclusion: I think WSTG is a attractive opportunity, that pays you while you wait, has strong quarters coming up, has a excellent balance sheet, decent growth prospects, with a attractive valuation, that in my opinion offer 50% upside to FV. All is just my opinion, and I could always be wrong though.

[2morrowsGains]

WSTG...Looks good here. Hweb, I looked at the former CEO's separation agreement and it looks like the $100,000 is being paid out in 6 equal monthly installments. So maybe only $16,700 will be charged to Q2.??

WSTG is currently trading at approx $1 above a 9-year low. Westside has a 15 year history of paying and raising their dividend. (I don't think they ever missed paying a dividend over the past 15 years, even when the market took a crap in 2008/2009). Current yield is 6% !!! They also have no debt, good cash, a low PE, and are in the tech space.
I view WSTG as a very low risk investment at this point. Time will tell.

Anyway, I've been adding in the low $11's and am looking forward to Q2 results. Like you said hweb, we should see some favorable numbers compared to last year.
Wayside said on their last conference call that they are feeling very good about the outlook of the remainder of this year. So we'll see what happens.