SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cubic Corporation (NYSE: CUB)
CUB 10.680.0%Jan 29 3:17 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Andrew G. who wrote ()9/6/1997 10:51:00 PM
From: Arthur   of 87
 
Positive Barron's Article

Full page report about Cubic Corp. on page 26 (9/8/97)

Smoothing The Ride - (CUB) "...has been plagued by inconsistent earnings over the years .... But that's about to change. Jazzing up the E-mail."

Points
-Expect larger and more consistent earnings from their defense industry and public transit system segments.
-Earnings from continuing operations (which I assume means just the defense and transit segments) Should $1.30-1.35 FY97(Sept) doubling in 2-3 years.
-CVideo-Mail is the kicker, but Barron's has no forecast of its contribution to earnings.
-There is a discussion of the potential for new defense and transit products.
-Insider buying. The head of CUB's defense operation has been buying CUB shares unrelated to his stock options.

---------
Those interested in CUB should also note Value Line's report (July 25,1997 page 1029)
-Stock buyback of 500,000 shares of 8.900,000 outstanding.
-2000-02 earnings of $3.00
-2000-02 price goal of 30-45
This apparently with little consideration to CVideo-Mail.

----------
CVideo-Mail

Barron's said that the company expects "to price CVideo-Mail packages under $200, and has set a sales goal of two million packages in two years." This is $400 million in two years or an average of 200 million/year. I assume that the <$200 price is retail not CUB's revenue.

Question:
Does anyone have a ballpark figure for the revenue to CUB and a reasonable net profit margin range? (with only 8.4 million shares outstanding the per share figures could be quite significant)

A long-time holder.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News