Lamar Advertising Co. (LAMR)
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- General Discussion on LAMR
- Too Many Reillys, Too Many Issues: Time to Short Lamar Advertising [view article]
- Russell 1000 Stocks with the Highest Short Interest as Percentage of Float [view article]
- Russell 1,000 Stocks with the Highest Short Interest as a Percentage of Float [view article]
- Guess Who's Talking About Recession? [view article]
- Earnings Preview: Lamar Advertising Company [view article]
- Credit Suisse Updates Its Global Media Outlook: What's New? [view article]
- Lamar Advertising -- In Your Dreams! [view article]
- The Long Case for Lamar Advertising [view article]
- Jim Cramer's Mad Money Lightning Round Picks, Nov. 17 [view article]
loading ...Recent LAMR Articles
- Russell 1000 Stocks with the Highest Short Interest as Percentage of Float
- Russell 1,000 Stocks with the Highest Short Interest as a Percentage of Float
- Earnings Preview: Lamar Advertising Company
- Too Many Reillys, Too Many Issues: Time to Short Lamar Advertising
- Guess Who's Talking About Recession?
- Credit Suisse Updates Its Global Media Outlook: What's New?
- Nasdaq 100 Highest, Lowest Short Interest As a Percent of Float
- Popularity of Digital Billboards Not Priced into Data Call
- Electronic Expectations For Lamar Advertising
- The Long Case for Lamar Advertising
- Full List of Articles »
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Too Many Reillys, Too Many Issues: Time to Short Lamar Advertising [view article]
I am the owner of an independent billboard company in Texas that has been satisfying clients (advertisers and landowners alike) for years that Lamar has upset and ignored. Their customer service is beyond horrible and they define "fat and happy." Small operators like myself have found many great new locations / billboards to develop while undercutting Lamar's rates and still earning a 33-75% ROI on our investment in certain cases. Funny thing is they (Lamar or any other billboard fat cat) come calling once you become too big of a thorn in their side and pay you a high multiple to get you out of their hair. This strategy is indeed getting tougher due to regulations but with my insider knowledge I promise you they own the best of the best locations in areas that dont allow for any news signs which does lead to LED / Digital signs in A+ spots with huge returns long term. Imagine any large city in the USA (Dallas, Houston, Atlanta, Denver, etc) that all of a sudden prohibited any new real estate development in the city limits ever again? What do you think would happen to the long term office space rates, apartment rates, warehouse / mini-storage rates, etc? Exactly, its hard to imagine but yes, that is what has happened and the walls are closing faster and faster on other cities throughout the USA... long story short, its a steal @ $28 today! will be back to $50 in 12-18 months... I'm LONG. Replyfredrickson
Russell 1000 Stocks with the Highest Short Interest as Percentage of Float [view article]
Excellent info here on this heavy short list. Seems like there are a few retail stocks seen to go lower. Could lampert be shorting his own stock, Sears, as a hedge in the ultimate hedge scenario? Is that allowable?Jay fredrickson chicagocheap.com Reply
ps
Russell 1,000 Stocks with the Highest Short Interest as a Percentage of Float [view article]
...and rely soley on disposable income of its customers who in turn are leveraged to their eyeballs in credit & mortgage debt. Hit it Kenney..."You got to know when to fold em know when to hold em and know when to run.... ReplyGuess Who's Talking About Recession? [view article]
I notice that real estate prices in NW Fl are still way above the late nineties prices augmented by a reasonable 7% compounded yearly increase ... so I don't think all the excess has been wrung out to NW Fl prices anyway. ReplyRussell 1,000 Stocks with the Highest Short Interest as a Percentage of Float [view article]
I can't imagine anyone shorting WYNN, LVS, MGM, BOYD gaming. These stocks could take off anytime and have been going up for the last 3 weeks. All four are well managed companies and well capitalized. ReplyToo Many Reillys, Too Many Issues: Time to Short Lamar Advertising [view article]
Great call on this one as a short. I read it a little too late. Whether it was fine analysis or good fortune, the call sure was right on. Congrats on the good trade. ReplyEarnings Preview: Lamar Advertising Company [view article]
Momo, I have been wondering the same thing for the past couple months after finding LAMR in a stock screen of high PE and high debt/equity ratio companies.LAMR's valuation is ridiculous. Look at Google, also in the ad space, but online ads able to reach millions of people without the equipment cost of billboards. Yet Google's PE is what, 30-ish?
And really...when is the last time you saw a billboard that influenced you to buy something? I don't even remember what billboards I pass by. LAMR is being propped up by insider buying by SPO Advisory Corp; they have been riding the stock all the way down from the $50's. SPO also has some other "winning" investments. sarcasm there) What they see in LAMR or whether they have some affiliation with the LAMR execs I don't know. Wall St has been way too gentle on this stock. Who is going to pay for more expensive digital signs when the consumer is in retreat due to this economy?
Insane, absoluetly insane. LAMR should be trading at $12. Reply
Guess Who's Talking About Recession? [view article]
I am continually surprised by the discussions that dance around the root of the PROBLEM. We spend all of our time deciphering the areas of impact instead of solving the PROBLEM. Until we abolish the privately owned Federal Reserve System, and it's debt based monetary system, we will be at the mercy of parasites that consume the wealth that we create by our "productive labor". Paying interest (usery) to the "Fed" for "creating money out of thin air" is the ultimate in stupidity. Obey the Constitution, put the monetary system back in the hands of Congress. The Federal Government has the power to create money/credit out of thin air without any debt incurred by "We The People". After all, money is only a medium of exchange to convert productive labor into whatever we want to "purchase". At least we can vote in or out the Congressmen that do or don't understand the American system of monetary policy, which is supposed to benefit "We The People". ReplyEarnings Preview: Lamar Advertising Company [view article]
I don't understand why LAMR is not going down to 4-5$? considering the almost zero growth, the very low ROE (3.6%, they better just put the money in the bank...) and low to nothing net income ==> it should not be trading at a P/E ratio of over 100. Especially not at times like these. Can some one explain this abnormality? ReplyMan
Too Many Reillys, Too Many Issues: Time to Short Lamar Advertising [view article]
The Reilly's manage with a stern hand with no appreciation of the customer ( "just go up to a higher rate for existing customers, they wil pay the rent" Kevin Reilly Sr. ) nor the employees ( heavy turn over ).Without granddad's money many of the Reilly's / Lamar's would be common folk. Reply
Too Many Reillys, Too Many Issues: Time to Short Lamar Advertising [view article]
Better late than never!The time to have shorted LAMR was when the stock was in the 60's though LAMR will break bellow 30, it's just a matter of time.
See: www.crossprofit.com/ar...
"LAMR - Lamar Advertising: Penny Wise Pound Foolish"
Article is from May 2008.
CrossProfit
Disclosure: Short LAMR for clients. Reply
Guess Who's Talking About Recession? [view article]
quite possible but the people in power still want the old ways to protect their positions.china & india,russia & the kingdoms of the middle east will prevail-sadly.a new new new world order. ReplyGuess Who's Talking About Recession? [view article]
I think it is misleading to discuss whether the current economic downturn is a "recession" or not. "Recessions" are economic phenomena associated with manufacturing economies. But we are tranisitioning from such economies to a global knowledge economy. If we try to define new phenomena using old terms, aren't we doomed to adopt old remedies that are probably wrong? If interested, I wrote more extensively about this at deathoftime.com -- see post titled "This 'Recession' May Be Something Other Than A Recession" ReplyGuess Who's Talking About Recession? [view article]
it is grim ReplyGuess Who's Talking About Recession? [view article]
Sounds grim... Reply