Option Strategies Message Board

STOCKTALK

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.

Strategies & Market Trends : Option Strategies

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: skinowski who wrote (1697)	7/28/2016 2:16:27 PM
From: robert b furman	Read Replies (1) of 2591

HI ski, Here's one I've followed for a while; CMTL. CMTL just went through a huge merger with TCS. It is messy and it is complex. They have had 48 million in merger expense and a lot of intangible asset impairments. Just getting into synergies but expected 8 million a year is now accomplished with in the first partial quarter and another 5 is expected looking forward. I like their niche - satellite transponders - both commercial and government. The TCS acquisition has an advanced 911 wifi calling and gps positioning that is being implemented nationally by states and cities. I had a stock ANeN that hardened satellite parts with radiation - they made great money and bought back their stock to the point that a equity hedge fund bought them at a nice premium. Satellite technology is still one of those areas where the US excells and manufactures here at home. Their numbers look lousy but the merger has doubled their revenue and will have good cash flow savings. Long term chart: screencast.com Short term - severe 50% decline looks to have bottomed: screencast.com I have sold so far 11 of a 15 put sell order Jan 2017 12.50 puts for $1.25 still hoping for the 4 left to sell. Net purchase price is $11.25 recent low is $11.24 on 6/02/2016. During the last conference call, the CEO said it is the board's intention to continue the quarterly dividend of 30 cents through the 2017 calendar year. That's a yield of 10.67%, 1.20 / 11.25. It offers up a 11.11 % discount if put to me and annualized return of 22.22%. Numbers are confusing but a small put sell and a 10% dividend makes me reach on this hi tech company.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next