Paradigm
Paradigm
Joined: Feb 24, 2011
  • Threads: 40
  • Posts: 2014
June 7th, 2017 at 11:45:58 AM permalink
Unless of course the divvy gets cut...what is there coverage ratio on that as a percentage of cash flow? If you are looking for yield in a beaten down market, I would go with energy MLP's, energy infrastructure in the US...ahh that isn't going away because green energy isn't the competitive threat to fossil fuel that Amazon is to brick & mortar retail. Just my humble opinion.
Attempting to add value one post at a time
billryan
billryan 
Joined: Nov 2, 2009
  • Threads: 52
  • Posts: 1916
June 7th, 2017 at 12:08:24 PM permalink
Walk through a Macy's or a Sears. They are ghost towns. Their customers are gone and not coming back.
Real estate is only worth what you can sell it for, not what you paid for it. Drive by most strip malls and there are empty " anchor stores" everywhere.
As someone who has been buying stocks for 52 years, I almost offered some advice, but then realized that the OP is probably as well versed on the market as he is on advantage play.
It's what you do and not what you say If you're not part of the future then get out of the way
98Clubs
98Clubs
Joined: Jun 3, 2010
  • Threads: 51
  • Posts: 1711
June 7th, 2017 at 6:19:51 PM permalink
I'll vote for FTR... probably the beat-down winner, but under-valued? Maybe not, but then again CT's Telco system depends on FTR. FTR took over wireline and ATT U-Verse in CT, and recently in parts of CA, and TX. Things are not going well in CA and TX.

Edit for Quote: $1.22. Check history of FTR... BIIIIIIGGGG Loser since 2014.

98
Recent epitaph: Found dead by a Pokemon Go Player
Paradigm
Paradigm
Joined: Feb 24, 2011
  • Threads: 40
  • Posts: 2014
June 7th, 2017 at 9:35:26 PM permalink
Did VZ owners get some FTR in the acquisition of VZ's wire line biz? If I did, I seem to recall selling it immediately with a $7 handle on it...can't believe it is at $1.22, but then again who wants to own the land based phone biz?
Attempting to add value one post at a time
ZenKinG
ZenKinG
Joined: May 3, 2016
  • Threads: 22
  • Posts: 460
June 8th, 2017 at 7:01:22 AM permalink
After doing some technical analysis as well on ASNA, its definitely a buy now. This thing is going to shoot up to 3.00 - 3.50. Watch and learn.
Wong Halves Full Indices ------------ LoneWoLF >
Skeptic
Skeptic
Joined: Dec 9, 2015
  • Threads: 3
  • Posts: 116
June 8th, 2017 at 7:25:48 AM permalink
Note to self: short ASNA.
ZenKinG
ZenKinG
Joined: May 3, 2016
  • Threads: 22
  • Posts: 460
June 8th, 2017 at 7:32:05 AM permalink
Quote: Skeptic

Note to self: short ASNA.



Won't work, fundamentals and technicals scream buy.

Every time the RSI hits these levels historically over the last 5 years, it shoots up whether its a month or two months etc it goes UP.

Fundamentally, its just a pure bargain.

I do think it will go down a bit more as I have said before due to earnings report, but once that settles, that's when it will take off to +3.00
Wong Halves Full Indices ------------ LoneWoLF >
Skeptic
Skeptic
Joined: Dec 9, 2015
  • Threads: 3
  • Posts: 116
June 8th, 2017 at 7:41:33 AM permalink
ASNA is a retailer of "specialty apparel". They'll be lucky to still be in business a year from now.

Dressbarn. Maurices. Justice (Tween Brands). Lane Bryant. Catherines (for the plus sized woman). Ann Taylor. Loft and Lou Grey.

Not the strongest line-up of stores and very little internet presence. It will not survive.
ZenKinG
ZenKinG
Joined: May 3, 2016
  • Threads: 22
  • Posts: 460
June 8th, 2017 at 7:59:59 AM permalink
Quote: Skeptic

ASNA is a retailer of "specialty apparel". They'll be lucky to still be in business a year from now.

Dressbarn. Maurices. Justice (Tween Brands). Lane Bryant. Catherines (for the plus sized woman). Ann Taylor. Loft and Lou Grey.

Not the strongest line-up of stores and very little internet presence. It will not survive.



Its still bringing in 1.5 billion a quarter though? Someone's buying and this is during a horrible time in retail. Management will make adjustments such as doing more with ecommerce as you mentioned. I don't even care anyway, I'm in it to make a quick flip after it hits 3.00 - 3.50 even though book value is around 9 bucks, I'll be happy with a 75 - 100% flip
Wong Halves Full Indices ------------ LoneWoLF >
Skeptic
Skeptic
Joined: Dec 9, 2015
  • Threads: 3
  • Posts: 116
June 8th, 2017 at 8:07:02 AM permalink
"Its still bringing in 1.5 billion a quarter though? "

Umm yeah, but with $800 million in costs of goods sold plus another $990 million in operating expenses (among other things) leaves...

... a $32 million loss for the quarter.

https://www.sec.gov/Archives/edgar/data/1498301/000149830117000015/asna10q-q2fy17.htm

  • Jump to: