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jasonrothman1

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  • Danger Zone 4/23/2013: Sears Holdings [View article]
    If you read this article, there is big money that needs to be invested in creating a data center. Also, the article isn't very reassuring that Sears can pull it off.

    http://bit.ly/12pXKBU

    If it costs $50 to $60 million per store, it'll be years before the revenue stream is a positive cash flow. Many locations aren't prime for this kind of place, so it's questionable how many stores can be converted. I suppose if they can't "extract value" from trying to run the stores properly or selling the property, it does make sense to try to make it into something else, but it's a big "if" with all the competition already out there dedicated to these kind of solutions they're offering.

    I do give Lampert credit for thinking "out of the box," but fragmenting your company and trying to do too many things at once and not being able to do any one thing right, may not necessarily be a solution to their problems.
    May 12 06:07 AM | 1 Like Like |Link to Comment
  • Danger Zone 4/23/2013: Sears Holdings [View article]
    I see "Payday Advance" kiosks within their stores soon...LOL! Just another way to take advantage of poor people who think they have no other options. The same as when banks offer non-credit worthy individuals "high interest/high fee" credit cards. You don't see Wal-Mart stooping to these levels to get shoppers back into their stores and they're back to being the #1 Fortune 500 company again.
    May 12 05:42 AM | 2 Likes Like |Link to Comment
  • Danger Zone 4/23/2013: Sears Holdings [View article]
    The operative word here is "appear." If he's not nervous, which he should be, it's only because he feels he can at least get his money back and then some from the liquidation of Sears, but that is still debatable. As far as the subsidiaries and being larger than Amazon, if he's using the same "game plan" he's used the last 10 years to try to save the "brick and mortar" side of the company, I don't see much success in that venture either.
    May 9 07:22 PM | 1 Like Like |Link to Comment
  • Danger Zone 4/23/2013: Sears Holdings [View article]
    MSF question to MLCGLOBAL:
    "In your opinion if it all went bad do you see stock price valued at least at $140.00 in liquidation?"

    MLCGLOBAL response to MSF:
    "That of course would be nice... it depends on the retail price per square foot in a fire sale. A ? that needs some digging"

    I can see why the author chose this as the "author's pick." It shows that MSF with all his comments can't back anything up with real metrics, and the one person who backs MSF, and I might add used some real data to do it, even admits that it is all conjecture depending on what the real value of the property is at the time of the "fire sale."

    I'd also like to add, if there really is so much "value" in SHC as some say, why doesn't Lampert as representative of a personal investor, a hedge fund manager of ESL, and the CEO/COB of Sears Holdings, that would benefit from the rise of the stock price, make this "transparent" for all to see?...unless there really isn't as much value?...or maybe he's just "manipulating" the situation to be able to keep buying the stock on the cheap until he unfolds his real "plan" for the company, which I've read may even include taking the company private that would only benefit the "majority" stockholders?

    I still think it's a big risk that I'm not willing to be part of it.
    Apr 28 02:57 AM | 1 Like Like |Link to Comment
  • Danger Zone 4/23/2013: Sears Holdings [View article]
    I don't remember where or exactly when but it was a few years ago I believe in a interview with Lampert that he stated that his focus was not competing with Walmart via a "price war" because he thought it was a "losing battle," but rather he felt it was more important to give customers a better or "wow" experience shopping Sears and Kmart stores to bring them back again and again. From the financials etc., it doesn't appear that strategy is working well. Plus, I rarely see enough salespeople or cashiers on the sales floor in their stores to support that concept.
    Apr 24 07:21 PM | Likes Like |Link to Comment
  • Danger Zone 4/23/2013: Sears Holdings [View article]
    Lampert engineered an incredibly take over of Kmart when they went bankrupt and used the windfall (by selling off of valuable Kmart owned properties) to take over Sears (which also was on the verge of bankruptcy) to merge two "iconic" companies together creating the 2nd largest retailer in the world in the hopes of making one huge money making machine to compete against Walmart, Target, as well as online superstar Amazon.

    I'm sure Lampert thought he'd be able to turn the company around using his "masterful" investing and thinking style to become the "hero" that not only saved two "iconic" American companies, but made a fortune for his investors, as well. Well, with the recession and his "masterful" management style he hasn't been able to "turnaround" the company as he had hoped.

    Now it looks like most investors see this "real estate play" and "construction turnaround" the "Hail Mary" that will save the company and/or investors. I'm no "billionaire," and I'm sure my comments will be negated by some based just on that, because if you have at least a $billion you're automatically a "superstar" that can do no wrong. Well, I say this time you will see a "superstar" that made a mistake and isn't willing to admit to it and will do anything before he will, including "going down with the ship."

    I suppose after this all plays out, as with anything, only time will tell who is right or wrong, so have fun ridiculing my comments until then.
    Apr 23 08:31 PM | 2 Likes Like |Link to Comment
  • Sears: A Purely Speculative Play? [View article]
    Actually, it means a lot. They'll keep "propping up" the stock because the majority stock holders will be the ones making a killing off the break-up. Now, if you have the money to enter their realm of investment, then you to will make some money off this venture.
    Mar 26 12:49 AM | Likes Like |Link to Comment
  • Sears: A Purely Speculative Play? [View article]
    Actually, that's probably the only project so far that shows promise, but it's "too little, too late." If you could name at least 10 locations being developed with potential, then you're talking.
    Mar 26 12:40 AM | Likes Like |Link to Comment
  • Sears: A Purely Speculative Play? [View article]
    Ultimately, all that money will only benefit him, not those he's in charge of. Some will make money. Maybe you'll be part of the "some." I just doubt anyone but the largest majority investors will.
    Mar 26 12:37 AM | Likes Like |Link to Comment
  • Sears: A Purely Speculative Play? [View article]
    All speculation, as are most investments. In my opinion, if this company was going anywhere, it would have started in that direction by now. The few positive "tidbits" this article refers to doesn't out way most of the negatives that have been going on with Sears Holdings over the years.

    If you want to risk your money in investing in a modern day "Titanic" and hope to make money off the pieces later, then good luck, but trying to change their "culture" with a few Tony Robbins type motivational statements without "putting their money where their mouth is" won't "amount to a hill of beans."
    Mar 25 03:25 PM | Likes Like |Link to Comment
  • Eddie Lampert will stay on as the CEO at Sears Holdings (SHLD -1%), according to a new SEC filing (10-K). The exec will only earn $1 a year in salary but will be in line for incentive payouts and more stock. By many accounts, Lampert has pushed a lot of the right buttons in his downsizing and asset sales with the company as mall peer J.C. Penney has tried differing tactics. [View news story]
    The "carpet bombing" bloggers have awoken.
    Mar 23 08:12 PM | Likes Like |Link to Comment
  • Eddie Lampert will stay on as the CEO at Sears Holdings (SHLD -1%), according to a new SEC filing (10-K). The exec will only earn $1 a year in salary but will be in line for incentive payouts and more stock. By many accounts, Lampert has pushed a lot of the right buttons in his downsizing and asset sales with the company as mall peer J.C. Penney has tried differing tactics. [View news story]
    I wouldn't be so sure of that. The retail end of the company has been "bleeding" money for years and still is. Probably more than enough for Lampert to be able to use for a tax write off to compensate for the taxes on the money he'll make from the "pennies on the dollar" the real estate end will make for him once he takes it all private for himself. Also, he has "appeared" to make an effort to turn it all around for the past 10 years, so he's probably covered on the legal aspect of doing it as well.
    Mar 23 08:03 PM | Likes Like |Link to Comment
  • Eddie Lampert will stay on as the CEO at Sears Holdings (SHLD -1%), according to a new SEC filing (10-K). The exec will only earn $1 a year in salary but will be in line for incentive payouts and more stock. By many accounts, Lampert has pushed a lot of the right buttons in his downsizing and asset sales with the company as mall peer J.C. Penney has tried differing tactics. [View news story]
    True, but he'll still get "a bonus of up to $2 million in cash or stock and up to $4.5 million in stock per year" as quoted from this article:

    http://yhoo.it/ZC77h9

    Not bad for someone who hasn't been able to make the company profitable in the past 10 years of running it, fired most of the middle/dept. management which left the salesfloor to be run by skeleton crews, and has denied raises for his employees for the past 5 years.
    Mar 21 06:31 PM | 1 Like Like |Link to Comment
  • Sears Is Headed Lower: Part II, Brands And Real Estate [View article]
    ....only to "squeeze out" the small investor later....
    Mar 17 04:23 PM | Likes Like |Link to Comment
  • Sears Is Headed Lower: Part II, Brands And Real Estate [View article]
    JCPenny should be seeing a "buyout" offer from Eddie Lampert soon so he can merge these companies in one great "hidden real estate value"......LOL! Actually, I think he'll wait until they're in bankruptcy first.
    Mar 15 06:46 PM | Likes Like |Link to Comment
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