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AUTHOR
DATE
SUBJECT
15
member
2/08/08 2:15PM
CSTR qtr
What did you think of the qtr and Walmart announcement? Seems like a mixed bag. WMT was expected to roll out coin counting, but losing the entertainment installs and taking huge corresponding charge... login to read the rest
Firstly let me apologize for the delay in addressing your questions. A family emergency has unfortunately kept me away from VIC for the last week and a half. Lots of questions have been... login to read the rest
Thanks. I have a call into IR.
I wish you good luck in your fight against Americans for Common Cents, but I have a hard time imaging we actually gets rid of the penny. ... login to read the rest
Not really a tripling of volume in 1st 3 years - my first year assumed 6 months of operation, not 12. Double that to get a sense of first full year of revenue.
Sometimes SSS... login to read the rest
Elan,
Thanks for the note and for your work in backing that out. I saw your post and can not still not reconcile it. If machines really triple volume in the first 3 years... login to read the rest
Given the rise of zinc and copper prices over the last few years, I think any mention of Coinstar has to mention the risk of the penny being taken out of circulation. Many consumers... login to read the rest
I hope you don't mind if I ask a few really dumb questions.
Many banks have started to offer free coin counting service, such as Commerce Bancorp, as either a service to their customers or a... login to read the rest
To your first question about how EBITDA-maintenance CapEx proxies the cash flow:
The answer to this isn't specific to CSTR (the same argument would hold true for any company) but the thinking to using EBITDA to... login to read the rest
Finn posted a reply that beat me to the punch to some degree. Though I would agree with you that in the past they have made acquisitions that were not value creating and appeared... login to read the rest
How is ebitda - maintenance capex an accurate free chash flow proxy on the coin biz? Doesn't the company have debt/cash interest? Wouldn't it quickly be a cash tax payer if that was... login to read the rest
Looks like a fairly strong shareholder base is now in place. Shamrock (9.4%) and RS Investments (12.7%) have both talked about this in interviews in Value Investor Insight in the past year, Shamrock in... login to read the rest
I owned this company for a while and wrote it for VIC - love the coin counting business. I ended up selling off my position for a small gain as the company kept making... login to read the rest
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