Description

Sign up or Log In

Sign up for free guest access to view investment ideas with a 45-day delay and read the full report.

Log in to read the full report.

show sort by

You are not eligible to view 6 messages. To gain access to more recent message posts signup free for membership.

#	AUTHOR DATE SUBJECT
16	member 11/06/14 11:42AM Re: Re: Anyone still follow? 15
I agree that the valuation is interesting and that there are signs that starts have bottomed, but would not expect the stock to immediatly rocket on a buyback. This sector is very out of favor... login to read the rest view available tags
13	member 3/11/14 8:10PM RE: Pretty Awful 12
Your point is not correct. I agree that the company should have bought stock when in distress-- they claim that legal would not allow it-- but do not agree that the $19.60 tender price is... login to read the rest view available tags
12	member 3/11/14 5:45PM Pretty Awful 11
So, they had the chance to buy back stock at below cash value, but instead chose to wait for the stock to double so that they could have "more certanity" before doing anything with the... login to read the rest view available tags
10	member 11/14/13 12:50AM Tender offer
This has got to be disappointing compared to the amount of value they could have created. Not too long ago the stock was trading at cash; now $19.50 seems pretty fully valued to me. view available tags
9	member 7/11/13 7:43AM RE: WASC Accreditation Approved 8
I suspect that a material chunk of cash will be distributed over the coming months via dividends, tenders, buybacks, etc. The company understands it is overcapitalized and the choice not to pay out cash during... login to read the rest view available tags
8	member 7/11/13 7:32AM WASC Accreditation Approved
Operating results are still declining, but that's was not the issue with this trading barely above cash. This was really interesting example of a stock with a clear binary outcome. Anyone think they'll be inclined... login to read the rest view available tags
7	member 5/16/13 5:06PM RE: residual value if they lose accreditation? 6
Before Ashford lost accreditation, it would probably first have to be put on show-cause at the Feb 2014 HLC meeting (unclear why this would happen, but indulging the hypothetical). It would then probably have a... login to read the rest view available tags
6	member 5/16/13 4:24PM residual value if they lose accreditation?
Any thoughts on what might happen if BPI loses accreditation? I.e., do you think they can actually hold onto the cash, or at least some of it? I dont know of any precedent for a... login to read the rest view available tags
4	member 7/10/12 7:36AM RE: WASC 3
Toby, Sorry for the delayed response, still trying to figure out the implications of the WASC action. The short answer is that this puts the stock in the "to hard bucket." While we had viewed a... login to read the rest view available tags
3	member 7/09/12 9:08AM WASC
Any thoughts on the announcement? view available tags
2	member 5/02/12 6:16PM RE: Questions 1
MJW248 MJ thanks for the questions. 1) As noted in our write-up BPI is exposed (and probably slightly more so) to the same issues regarding the 90/10 rule as the majority of the industry. So yes this... login to read the rest view available tags

load more messages

			2013	2014
Price:	24.14	EPS	$0.31	$0.00
Shares Out. (in M):	305	P/E	78.0x	0.0x
Market Cap (in $M):	7,363	P/FCF	0.0x	0.0x
Net Debt (in $M):	-841	EBIT	153	0
TEV (in $M):	6,522	TEV/EBIT	43.0x	0.0x
Borrow Cost:	NA

Description

Sign up or Log In

Sign up for free guest access to view investment ideas with a 45-day delay and read the full report. Log in to read the full report.

Sign up for free guest access to view investment ideas with a 45-day delay and read the full report.

Log in to read the full report.