I agree with what you are saying about Buffett. My diatribe wasn't
meant to be a discussion of all, or even most, of what he looks at. It was more of an attempt to show why TRIBY's stock price isn't higher
at present.
For me, TRIBY's stock price will be driven by sales/earnings,
especially sales, over the next year. I expect earnings to be lumpy,
and possibly even negative for one or more quarters in the next year.
I think they may incur heavy costs associated with moving/opening new
production facilities, and they still may incur costs associated with
consolidating last year's acquisitions.
The flags for me over the next year are:
1) Sales are steadily increasing,
2) They aren't incurring too much debt or dilution from additional
stock offerings, and
3) Margins are healthy.
Incidentally, I have a different view on stock repurchases. For TRIBY
I don't think they would be a good idea. I think they could better
use the funds to grow sales/production capacity. IMO, stock
repurchases are for a much more mature company.
Howard
Don't be insulted if I don't return posts. I don't have the free
time to post as much as I would like, and barely have the time to
read posts. FWIW, I enjoy this thread very much. |
