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Nat Stewart  

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  • Fonar reports FQ2 profit [View news story]
    I see now they bought the 10% interest for around 5m, which is about a 20% premium to what the non-controlling interest paid in 2013.
    Feb 12, 2015. 10:57 PM | Likes Like |Link to Comment
  • Fonar reports FQ2 profit [View news story]
    Just noticed that today as well. Hopefully they bought the interest at book value, I might try to call their IR tomorrow for clarification.
    Feb 12, 2015. 09:37 PM | Likes Like |Link to Comment
  • Fonar reports FQ2 profit [View news story]
    If the company fixed its corporate governance issues it would easily trade in the mid-20's.

    The long history of insider dealing that is very hard to get a handle on (I recently went through the entire history of SEC reporting), 2% common ownership of the CEO yet total voting control, among other things has cast a dark shadow over the stock - which unfortunately has a long history of burning shareholders who have had faith in the story.
    Feb 11, 2015. 10:46 AM | 1 Like Like |Link to Comment
  • Fonar reports FQ2 profit [View news story]
    Where do you get the $1.5M per scanner figure?
    Feb 11, 2015. 10:40 AM | Likes Like |Link to Comment
  • Why Consolidated Tomoka Is Taking Off And Headed Much Higher [View article]
    Awesome news! After a great 2014 CTO has set earnings guidance almost 200% higher for 2015. They have also mentioned a target date for a REIT conversion of jan 2017! IMO we now have a 100+ Value stock trading at less than 60 per share. Albright and his team are dead serious about creating value - I think we are in very strong position here for future gains.


    http://bit.ly/1CfUxaW
    Feb 11, 2015. 12:00 AM | Likes Like |Link to Comment
  • At What Point Do You Step Into The Potential McDonald's Value Trap In Search Of Yield? [View article]
    Most of the coffee stations I have seen are a total, complete mess. They don't pay people well enough to care, I guess.
    Jan 28, 2015. 07:03 PM | Likes Like |Link to Comment
  • At What Point Do You Step Into The Potential McDonald's Value Trap In Search Of Yield? [View article]
    That shows how subjective coffee assessment is. To my taste buds McDonalds coffee is hot brown water, nothing more. I can hardly taste it.
    Jan 28, 2015. 06:53 PM | 1 Like Like |Link to Comment
  • McDonald's (MCD) CEO Don Thompson on Q4 2014 Results - Earnings Call Transcript [View article]
    I actually think if things get worse in the short run it is a good thing, as it will force real change faster than a continued slow bleed of results. Plus it could get an activist involved.
    Jan 25, 2015. 09:05 AM | Likes Like |Link to Comment
  • McDonald's (MCD) CEO Don Thompson on Q4 2014 Results - Earnings Call Transcript [View article]
    At least in Chicago, McDonalds is a hangout location for the unsavory underclass. Even the very cool Rockin Roll McDonalds in the Gold Coast area was recently hit by a flash mob.

    Middle class and better folks don't want to take their families into that type of environment and don't want lunch there when there are so many better options.
    Jan 23, 2015. 07:00 PM | 1 Like Like |Link to Comment
  • Share Buybacks And Value Destruction [View article]
    One interesting thing about buybacks near "peaks" or at high valuation points is that it benefits shareholders who are cashing out at the expense of the continuing holders of the shares. I believe at times large shareholders encourage buybacks precisely because they want a liquid market with an active buyer when they go to cash out their position, though they don't explain it in those terms.
    Jan 22, 2015. 07:26 AM | 3 Likes Like |Link to Comment
  • Exxon Mobil: Slow But Steady, Value Erosion Is Underway [View article]
    divide your total free cash flow figure by number of shares outstanding to get free cash flow per share, the figure does not account for price (the way yield does). Yield is set by Mr. Market and not directly influenced by (for example) by the managers actions. Same with Reserves. If reserves are down 15% but share count is down 25%, reserves per share are actually up.
    Jan 21, 2015. 08:20 PM | Likes Like |Link to Comment
  • Exxon Mobil: Slow But Steady, Value Erosion Is Underway [View article]
    I wonder how different your metrics would be if u used per share metrics, for example cash flow per share vs. just cash flow. Share count is down something like 25% since 2007, after all.

    With many of entrepreneurial competitors likely to be busting out or severely constrained, the next few years might be a key time for a highly capitalized company like exxon to pick up some solid long term assets cheaply.
    Jan 20, 2015. 08:52 PM | 20 Likes Like |Link to Comment
  • Why Buy Long-Term Treasuries? Dividend Growth Retirees Should Consider It For Ballast [View article]
    The put option thing is definitely not going to be helpful over the long run. It costs too much and there is no inherent return in it.
    Jan 14, 2015. 10:47 AM | 4 Likes Like |Link to Comment
  • National Research Corporation: Confirming A Major Valuation Discrepancy [View article]
    No, it isn't.
    Jan 13, 2015. 07:03 PM | Likes Like |Link to Comment
  • National Research Corporation: Confirming A Major Valuation Discrepancy [View article]
    Given the relative payoffs, one can own a smaller $$ value of A's to hedge the (unlikely) event of a collapse of the A / b Share class structure while still being primarily exposed to the B's. Better risk/reward for those worried about the unusual nature of the A B structure.
    Jan 13, 2015. 04:12 PM | Likes Like |Link to Comment
COMMENTS STATS
526 Comments
645 Likes