Seeking Alpha

Uncommon Sense

 
View Uncommon Sense's Comments BY TICKER:
  • LeapFrog's Threats And Opportunities Are Widely Misunderstood [View article]
    Thanks for the comment but how did you come up with 12-18 months? On the Q4 earnings release management specifically stated they didn't expect to pay any significant amount of U.S. federal taxes for several years. Obviously if they make more profit than anticipated that could change but that would be a very good thing.

    All tax noise aside, the company is currently trading at an enterprise value of about 4x 2012 adjusted EBITDA. Still looks like a value play to me.
    Mar 3, 2013. 03:45 PM | 2 Likes Like |Link to Comment
  • LeapFrog's Threats And Opportunities Are Widely Misunderstood [View article]
    Very good points but all of those competitors were around last holiday season and did little to stop LeapFrog's momentum. The Kindle Freetime service seems like the strongest competitor you mentioned but there is still a question of content quality because I disagree with you that parents don't care what their children use the tablets for. I still feel the growth opportunities, especially internationally, are enough to increase earnings despite strong competition.
    Feb 19, 2013. 05:54 PM | 3 Likes Like |Link to Comment
  • LeapFrog's Threats And Opportunities Are Widely Misunderstood [View article]
    Thanks for the comment. The main point of the article is that I disagree that a cyclical decline is imminent and thus why I feel the multiple is unjustified.
    Feb 19, 2013. 05:23 PM | 1 Like Like |Link to Comment
More on LF by Uncommon Sense
COMMENTS STATS
57 Comments
187 Likes