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rubicon59

rubicon59
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  • King Digital Entertainment Is 'Crushed': Finally Some Sanity In The Marketplace [View article]
    How does one explain King's Q4 revenue's dropping rather sharply from Q3?
    Apr 20 08:19 PM | Likes Like |Link to Comment
  • King Digital Entertainment Is 'Crushed': Finally Some Sanity In The Marketplace [View article]
    If "$7.1b is ridiculous", then what is the range of "reasonable", given its earnings track record, as brief as it may be?
    Apr 15 06:44 PM | Likes Like |Link to Comment
  • Weight Watchers: Excellent Business At A Fire Sale Price [View article]
    Enterprise Value is ~ $3.4b (= Market Cap + Debt).

    Enterprise cash-earning power including tax-adjusted interest seems to be around 270m to 300m (actual FCF + tax adjusted interest)

    So the entire enterprise is priced now at 11-12.5x its earning power.

    Not terribly expensive, but doesn't appear as a screaming bargain by these numbers (especially given the recent operating difficulties)

    What am I missing?
    Mar 30 12:17 AM | 3 Likes Like |Link to Comment
  • Micronet Enertec Represents A Potentially Explosive Growth Narrative With Asymmetric Risk Skewed To The Upside [View article]
    There seems to be hardly any growth in Q4 YOY.

    Why? (Or am I missing something?)

    The full year's growth is probably because comparing post vs pre-acquisition numbers?
    Mar 24 02:29 AM | Likes Like |Link to Comment
  • Willi-Food International Should Be Taken Private For A Potential 100% Gain [View article]
    The numbers look fine, but can one really trust a Ukranian oligarch?
    Mar 23 02:23 PM | Likes Like |Link to Comment
  • 7-Footers In A Sea Of Pygmies [View article]
    Thanks for another nice article!

    What about other markets worldwide?
    Feb 11 02:24 PM | Likes Like |Link to Comment
  • MGIC's Stock Is Up 80%: How Much Higher Can It Go? [View article]
    Interesting to see this discussion in hindsight. Folks fretting over $5/share.
    The stock is now $9
    Jan 23 05:35 PM | Likes Like |Link to Comment
  • The 2013 Value Stock Screen Performances [View article]
    Thanks for the very informative article.

    The Piotroski Best list at the link above does't seem to match the 2014 list sceenshot in the article. What's the difference?
    Jan 16 03:47 PM | Likes Like |Link to Comment
  • Insiders Are Buying Pinecrest Energy [View article]
    Those insiders. They seem to have fooled a lot of people with their massive purchases - most of all themselves.
    Jan 15 02:09 PM | 3 Likes Like |Link to Comment
  • Straight Path Communications: Undervalued Microcap Spinoff With Multibagger Potential [View article]
    Unlikely Jonas would have set up his son for a failure. Most likely he seriously believes in the STRP potential.
    Jan 9 06:52 PM | 1 Like Like |Link to Comment
  • Straight Path Communications: Undervalued Microcap Spinoff With Multibagger Potential [View article]
    The best article yet, on this subject.

    Thank you.
    Jan 9 02:15 PM | Likes Like |Link to Comment
  • Otelco Is An Attractive Post-Reorg Investment [View article]
    At $6.1/share, still trading at 8x cash earning power on the enterprise basis.

    Enterprise-level FCF earning power seems to have plummeted in half YOY. No sign of stabilizing.
    Dec 13 01:11 PM | 1 Like Like |Link to Comment
  • Genie Energy - Is The Genie Finally Coming Out Of The Bottle? [View article]
    Are they buying the same kind of business where they now have an 80% churn rate?
    Dec 11 10:08 PM | Likes Like |Link to Comment
  • Entrec Corporation: A 20% FCF Yield And Poised To Grow [View article]
    My cars usually last 12 years. Thus my real personal annual capX is the cost of the new car (less trade in) divided by 12. But on paper for 11 years the capEx is zero. (Or, actually, what I spend to fix periodic breakdowns.)

    Wondering what Entrec's management means by "maintenance capEx". Guessing it is just parts replacements to keep the equipment operating? Annual maintenance expenses - are those treated as expenses or capX?
    Dec 6 03:47 PM | Likes Like |Link to Comment
  • Entrec Corporation: A 20% FCF Yield And Poised To Grow [View article]
    A really nice article - thank you.

    Wondering if one can really believe the company-provided "maintenance CapX" number for such a heavy-asset a business.

    Also, need to factor in "balloon" payments to replace the equipment at some point. The management sure says nothing about those "looming" capEx expenses, although they are almost certainly there...kind of like a need to replace one's car once-in-a-while (every 5-10yrs?), even one well-maintained.
    Dec 5 02:53 AM | 1 Like Like |Link to Comment
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