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Thread: Good Stock Tip!

  1. #1
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    Exclamation Good Stock Tip!

    The Company I work for has been put up for sale. Stock symbol is ELK and trades on the TSE. If you wanna make a quick dollar, NOW is the time!

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    Someone probably wants to cash in on some options and is trying to inflate the price
    ---

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    exactly what i was thinking
    sig deleted by moderator, click here for info

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    heheh gotta give him credit for trying tho

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    Originally posted by kenny
    Someone probably wants to cash in on some options and is trying to inflate the price

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    Originally posted by kenny
    Someone probably wants to cash in on some options and is trying to inflate the price
    ..ya ususally you dont announce that a stock is goign to go up to hundreds of people on a public internet forum..kidn of defeats the purpose
    Looking for a new VW? How about a used vehicle? We are Central Albertas #1 source for pre-owned vehicles
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    A company being "put up" for sale is a very different from a company being bought up. When it's taken over, there's usually a premium paid but when it's being sold by the existing owners you don't see the same lift. I looked at the numbers quickly, this company's already trading pretty rich.
    George likes his Kung Pao spicy!

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    Well don't cry when you see it sold at a premium

    The company is way under valued and has been trading flat for some time. That is the reason the board of directors have decided to put it up for sale. The Company is valued at $7/share I was just trying to spread the wealth

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    Sorry, my mistake, for some reason I had $13/share, not $3.30 where it's trading at, in my head. That changes a few things, at $0.23 cfps for the first quarter it's priced reasonably, plus it's got no debt which is always a good thing.
    George likes his Kung Pao spicy!

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    Originally posted by B17a
    , plus it's got no debt which is always a good thing.
    no debt is not a good thing for a public company...

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    Originally posted by redline


    no debt is not a good thing for a public company...
    Please explain that to me.....
    No debt is always good thing, it allows you to use cashflow from operations to fund expansion, pay shareholders dividends or make acquisitions versus servicing debt. I can't see how that's possibly a bad thing?
    George likes his Kung Pao spicy!

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    Maybe that is why Kyle went from accounting to IT

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    Originally posted by B17a


    Please explain that to me.....
    No debt is always good thing, it allows you to use cashflow from operations to fund expansion, pay shareholders dividends or make acquisitions versus servicing debt. I can't see how that's possibly a bad thing?
    Maybe debt leverage?
    "All these years I thought it was power that brought responsibility. It's not. I was wrong. It's responsibility that brings power. It's knowing what needs to be done that brings strength. And courage." - Peter Parker, Earth X

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    Originally posted by mwmhong


    Maybe debt leverage?
    Possibly, but oil companies of all should not be leveraging too highly, when the shit hits the fan oil price wise, the companies with the least debt to service usually can weather the storm the best wheras your highly leveraged friend will find himself at the mercy of the banks!
    George likes his Kung Pao spicy!

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    Originally posted by B17a


    Possibly, but oil companies of all should not be leveraging too highly, when the shit hits the fan oil price wise, the companies with the least debt to service usually can weather the storm the best wheras your highly leveraged friend will find himself at the mercy of the banks!
    Plus interest expense is tax deductible too, I believe. If there was equity financing, then whatever dividends paid out would not be tax deductible.
    "All these years I thought it was power that brought responsibility. It's not. I was wrong. It's responsibility that brings power. It's knowing what needs to be done that brings strength. And courage." - Peter Parker, Earth X

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    Originally posted by mwmhong


    Plus interest expense is tax deductible too, I believe. If there was equity financing, then whatever dividends paid out would not be tax deductible.
    not many oil companies pay dividends and no small ones...

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    Originally posted by B17a


    Possibly, but oil companies of all should not be leveraging too highly, when the shit hits the fan oil price wise, the companies with the least debt to service usually can weather the storm the best wheras your highly leveraged friend will find himself at the mercy of the banks!
    that is true but it is basic finance that to optimize your company, financially you need both debt and equity. the key is too manage it properly so that when oil prices do go down your debt is within an exceptable range.

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    Originally posted by B17a


    Please explain that to me.....
    No debt is always good thing, it allows you to use cashflow from operations to fund expansion, pay shareholders dividends or make acquisitions versus servicing debt. I can't see how that's possibly a bad thing?
    if an oil company is growing it is very hard to finance captial programs from cash flow. I cant remember the all the terms and shit but if you are REALLY interested i can look the crap up!

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    To make it clear, I'm not saying no debt at all, it's always good to have available debt meaning open lines of credit. I'm guessing that's what you mean. I'm not sure I agree with financing capital programs from cash flow though, if you look at the good years, the big companies that spit out $3-$5 cfps either use those funds to pay down debt, make acquisitions, or expand operations. But you have a point, if they are growing fast, they may need to go to the market to raise additional funds.

    Not sure how this debate relates to cars in the end!
    George likes his Kung Pao spicy!

  20. #20
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    Originally posted by B17a

    Not sure how this debate relates to cars in the end!
    cause if 89coupe cant not sucker us in to buy shares to make his options worth more he can not buy a turbo for his car!

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