Replies to post #105690 on Savvy Trades and Investments

[jtomm]

HHS - Yeah that does seem odd. BUKS had a big shakeup too, but that one seems a little more understandable becuz the CEO was in his 80s, faltering, plus the new guy has been with the company like 20 years or something. Who knows how that one will go, but at least I can see the logic. With HHS, I agree that I don't like when there's some new person from outside the organization being brought in. Good chance that a lot of the employees will still want the previous leadership and not the new savior.

[nelson1234]

HHS pretty much as expected a poor quarter... actually revenues were ok, but eps not. And I don't like this comment from the new CEO:

Edit [ok, I do see an extra large pension expense which if normalized would make the qtr much better... maybe add another $500K to pretax, flip is they also have a large fx gain]


"The second quarter results represent a baseline for our expectations in the near term and present a solid foundation on which to build," added Mr. Davis.

Actually its bidding $5.60. Probably a good short on those shares... but who knows.

I have no position.