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- The Microsoft Waiting Game - Fast Money Recap (4/23/08) [view article]
- Casual Dining Sector Offers Up Compelling Plays Like Ruby Tuesday [view article]
- Raw Data Report: Family Restaurants [view article]
- Eleven Fast Food Stocks To Take A Bite Out Of [view article]
loading ...Recent CPKI Articles
- The Microsoft Waiting Game - Fast Money Recap (4/23/08)
- Raw Data Report: April Restaurants Report
- Casual Dining Sector Offers Up Compelling Plays Like Ruby Tuesday
- Raw Data Report: Family Restaurants
- Notable Earnings Reports in an Interesting and Painful Market
- Farallon Capital Discloses 5.3% Stake in California Pizza
- Eleven Fast Food Stocks To Take A Bite Out Of
- Fund Manager Peter Siris's Longs and Shorts
- Retail Recall: Expecting Weakness in the Sector
- California Pizza Kitchen: Why I'm Losing My Appetite
- Full List of Articles »
Goodwin
The Microsoft Waiting Game - Fast Money Recap (4/23/08) [view article]
"He added $35 is a reasonable price for the stock." Another step towards planet Microsoft, not sure whether that's a good thing or bad :s ReplyThe Microsoft Waiting Game - Fast Money Recap (4/23/08) [view article]
More diversified THIS time. Sorry. ReplyThe Microsoft Waiting Game - Fast Money Recap (4/23/08) [view article]
A nice article giving a running commentary on stocks. What recession? Companies seem locked and loaded, by and large.Costs in line; solid thinking; lots of big caps with strong overseas positions. More diversified in the last dip 2000-2001, which much broader markets for the big guys. This author makes this clear. Reply
kandola
The Microsoft Waiting Game - Fast Money Recap (4/23/08) [view article]
Headlines for [AAPL][AAPL] Today 07:36am
Apple Inc Morgan Keegan Raised AAPL to Market Perform from Underperform Reply
kandola
The Microsoft Waiting Game - Fast Money Recap (4/23/08) [view article]
CITI has it for $248 today in the morning,. Replykandola
The Microsoft Waiting Game - Fast Money Recap (4/23/08) [view article]
Apple Inc Morgan Keegan Raised AAPL to Market Perform from Underperform Replykandola
The Microsoft Waiting Game - Fast Money Recap (4/23/08) [view article]
AAPL got upgraded by 4* times today..this is the fourth (4) upgrade for today.
1:ThinkPanmure analyst Darren Aftahi raised his price target to $195 from $165, implying he expects the stock to rise about 20 percent over Wednesday's $162.89 close.
2: Bank of America: $180
3: Lehman: $202
4: Citi: $248 Reply
Casual Dining Sector Offers Up Compelling Plays Like Ruby Tuesday [view article]
Ruby Tuesday didn't violate their debt covenants. Go back to the Q2 earnings call. They were "At risk of violating their debt covenants". Two completely different things.They did however rework those covenants with their lenders afterwards to minimize the risk of them violating them in the future. Reply
Casual Dining Sector Offers Up Compelling Plays Like Ruby Tuesday [view article]
I dislike the casual dining stocks now. That is the first area that will get hammered when people cut back spending. The public might be stupid but they can't be so dumb to put that steak dinner on the credit card and pay for it over the next 20 years. ReplyCasual Dining Sector Offers Up Compelling Plays Like Ruby Tuesday [view article]
I wouldn't read anything sinister into the comment. I would take it at face value - they are talking to the banks who are probably wanting a larger spread when they roll the loan given the risk situation. ReplyNathel
Casual Dining Sector Offers Up Compelling Plays Like Ruby Tuesday [view article]
what do you think that implies? ReplyCasual Dining Sector Offers Up Compelling Plays Like Ruby Tuesday [view article]
This is what management has to say about the debt on the call:"We are working with our lenders to modify our debt covenants. We have agreed in principle on the amended terms and are currently working on completing documentation." Reply
Nathel
Casual Dining Sector Offers Up Compelling Plays Like Ruby Tuesday [view article]
Paul,I miss spoke if I said the EPS was rising. What i was alluding is what Marguerite Duffy, Ruby Tuesday CFO,said during the conference early this month. She mentioned that their restaurant margins beat their expectations to over 18%. She continued to say that they increased their checks, decreased their COGS and cost of payroll.
That does not translate directly into earnings because of the many casualties on their balance sheet and I should have only used the word profits to describe their operations.
Thank you for the correction.
Also, I don't avoid the balance sheet but, I am no where near as fluent at reading it as I would like to be. Sometimes I am not sure if that is just me or if they are just out right deceptive, but that is definitely something I will work on and pay closer attention to in the future.
I have heard a lot about issues of corporate debt recently, one of the most prominent is its unavailability. Another issue I will pay closer attention to in the future.
Thanks for the advice.
Reply
Casual Dining Sector Offers Up Compelling Plays Like Ruby Tuesday [view article]
Paul, I agree that excessive debt isn't a good thing but debt repayment can be a great way to gain value though.. equity rises and so do earnings. RT's debt is only due to the bad share repurchases they made over the last two years but with the annual cash flows they collect, liquidity won't be an issue. This is probably why the banks don't mind restructuring the covenants even though the economy is tough. Free cach flows repay the debt, not EPS.. ReplyCasual Dining Sector Offers Up Compelling Plays Like Ruby Tuesday [view article]
At 22 years old I didn't pay enough attention to balance sheets either.Age and experience are great teachers.
After 30 years of doing this I find excessive corporate debt [especially in a credit strapped economy] can be a deal-buster. Reply