The Momentum Bubble Is Back, But Will It Last? [View article]
Whitney Tilson said that subscriptions should be valued at $1000 each, not the $400 NFLX is valued at, since that is what the cable companies are valued at. The trouble is, the average cable company brings in $1800 per year from a subscriber, versus only $$100 for NFLX...very bad analogy!
Market recap: An anticipated pullback fizzled out early, and stocks continued to climb to new records, this time led by utilities and consumer staples which had been lagging recently. Tech shares trailed, as Apple continues to drop. Reports on manufacturing, industrial production and producer prices all were disappointing; though nothing seems to touch the broader stock market, most commodities were whacked. [View news story]
the market cares way more about guidance than actual earnings misses or beats
Farmer Brothers: A Very Strong Brew [View article]
FYI>>>>>... presenting this weekend...
The National Restaurant Association Show 2013 starts this weekend in Chicago. The show runs from Saturday, May 18th through Tuesday, May 21st giving thousands of visitors a chance to see what's new in the Foodservice industry. Farmer Brothers will be sampling our new line of iced teas and offering a full-service specialty coffee experience.
Coffee Holding Co.: Wake Up And Smell The Java [View article]
I think my readers fully realize that I am promoting my stocks. It is certainly not rocket science to deduce that fact, as I am not being shy about my methods/intent. At least I am putting my money where my mouth is! There is nothing wrong about that.
Farmer Brothers: A Very Strong Brew [View article]
Nice job catching that.......I think those shares were held in custodian for his children. The transaction appears to be indirect in nature and should be construed with minimal weight.
Farmer Brothers: A Very Strong Brew [View article]
The new CFO acquires a position. That is a positive. I am surprized that FARM has not run up in sympathy with GMCR's 400% rise and JVA's impressive run-up. Maybe it is a laggard that will catch up very soon.
Fuel Systems Solutions: 'Mr. Market Is Asleep At The Wheel' [View article]
I have reached the end of my rope on this stock. I believe it is time to sell and buy back at a lower price because I do not see any near term catalyst to energize the share price-dead money for sure.
Priceline Shares Near All-Time Highs Ahead Of Q1 Earnings On Thursday [View article]
PCLN...feel like the worst trader on earth sometimes...wow... thought I was being clever yesterday in after hours when PCLN was down $20 on tepid guidance. Decided to short 100 shares at $715....did I get fooled or what after a $50 upward swing in the price.... A $5000 loss hurts bad!!! Sometimes I hate the stock market--this time is one of them!
Farmer Brothers: A Very Strong Brew [View article]
Is FARM really a "REIT" mascarading as a coffee purveyor? FARM owns over 50 properties according to this SEC filing.
Our largest and most significant facility is our corporate headquarters in Torrance, California. Our Torrance facility is a manufacturing facility and the distribution hub for our long-haul trucking fleet and houses our primary administrative offices. Coffee purchasing, roasting and packaging takes place at our Torrance, California; Portland, Oregon; and Houston, Texas plants. Spice blending and packaging takes place at our Torrance, California plant. Our distribution centers include our Torrance, Portland and Houston plants as well as distribution centers in Northlake, Illinois; Oklahoma City, Oklahoma; and Moonachie, New Jersey.
We stage our products in 117 branch warehouses throughout the contiguous United States. These branch warehouses and our 6 distribution centers, taken together, represent a vital part of our business, but no individual branch warehouse is material to the business as a whole. Our branch warehouses vary in size from approximately 2,500 to 50,000 square feet.
Approximately 55% of our facilities are leased with a variety of expiration dates through 2019, although our two largest facilities, in Torrance and Houston, are owned. The lease on the Portland facility expires in 2018 and has a 10 year renewal option.
We believe our plants, distribution centers and branch warehouses will continue to provide adequate capacity for the foreseeable future. A complete list of properties operated by Farmer Bros. is attached hereto as Exhibit 99.1 and incorporated herein by reference.
Item 3.
Legal Proceedings
We are both defendant and plaintiff in various legal proceedings incidental to our business which are ordinary and routine. It is our opinion that the resolution of these lawsuits will not have a material impact on our financial condition or results of operations.
Coffee Holding Co.: Wake Up And Smell The Java [View article]
Netflix Loses Movies From Time Warner, MGM; Viacom Could Be Next [View article]
Coffee Holding Co.: Wake Up And Smell The Java [View article]
Netflix Loses Movies From Time Warner, MGM; Viacom Could Be Next [View article]
The Momentum Bubble Is Back, But Will It Last? [View article]
What's Fueling Amazon's Incredible Revenue Growth? [View article]
Market recap: An anticipated pullback fizzled out early, and stocks continued to climb to new records, this time led by utilities and consumer staples which had been lagging recently. Tech shares trailed, as Apple continues to drop. Reports on manufacturing, industrial production and producer prices all were disappointing; though nothing seems to touch the broader stock market, most commodities were whacked. [View news story]
What's Fueling Amazon's Incredible Revenue Growth? [View article]
Farmer Brothers: A Very Strong Brew [View article]
The National Restaurant Association Show 2013 starts this weekend in Chicago. The show runs from Saturday, May 18th through Tuesday, May 21st giving thousands of visitors a chance to see what's new in the Foodservice industry. Farmer Brothers will be sampling our new line of iced teas and offering a full-service specialty coffee experience.
Coffee Holding Co.: Wake Up And Smell The Java [View article]
Farmer Brothers: A Very Strong Brew [View article]
Farmer Brothers: A Very Strong Brew [View article]
Fuel Systems Solutions: 'Mr. Market Is Asleep At The Wheel' [View article]
Priceline Shares Near All-Time Highs Ahead Of Q1 Earnings On Thursday [View article]
Farmer Brothers: A Very Strong Brew [View article]
Our largest and most significant facility is our corporate headquarters in Torrance, California. Our Torrance facility is a manufacturing facility and the distribution hub for our long-haul trucking fleet and houses our primary administrative offices. Coffee purchasing, roasting and packaging takes place at our Torrance, California; Portland, Oregon; and Houston, Texas plants. Spice blending and packaging takes place at our Torrance, California plant. Our distribution centers include our Torrance, Portland and Houston plants as well as distribution centers in Northlake, Illinois; Oklahoma City, Oklahoma; and Moonachie, New Jersey.
We stage our products in 117 branch warehouses throughout the contiguous United States. These branch warehouses and our 6 distribution centers, taken together, represent a vital part of our business, but no individual branch warehouse is material to the business as a whole. Our branch warehouses vary in size from approximately 2,500 to 50,000 square feet.
Approximately 55% of our facilities are leased with a variety of expiration dates through 2019, although our two largest facilities, in Torrance and Houston, are owned. The lease on the Portland facility expires in 2018 and has a 10 year renewal option.
We believe our plants, distribution centers and branch warehouses will continue to provide adequate capacity for the foreseeable future. A complete list of properties operated by Farmer Bros. is attached hereto as Exhibit 99.1 and incorporated herein by reference.
Item 3.
Legal Proceedings
We are both defendant and plaintiff in various legal proceedings incidental to our business which are ordinary and routine. It is our opinion that the resolution of these lawsuits will not have a material impact on our financial condition or results of operations.