MarcG,
>>>
I've been told otherwise by Jenny Perdue, TBAE's new IR. Rauscher
Pierce began covering TBAE less than two weeks ago with a new
analyst, according to her.
>>>
I made my usual calls three and a half weeks ago. The last time I called they told me to call a broker in AZ. Don't even get me started on Rauscher. Per my conversations they have done nothing to help this stock. Hopefully this will change.
>>> Also per Jenny, Breck was sold for $3 million
profit.
>>>
I didnt say that they didnt make money. My point is that this sale was for way way less than the value of the property. Plus, you had a company that wanted that bad based on their existing real estate holdings.
I am concerned especially after how bad TBAE took it in teeth after the secondary(?). The deal basically screwed existing shareholders. I know about this from a person who has a significant 6 figure holding. I hope we craft better deals in the future.
Do you notice the reasons why we have had to wait for the stock is b/c we are watching costs and Jock is working on deals. This has been the case for a couple years. Now, he has sold one deal, Breck, and working on selling another property that was supposed to be great for TBAE.
>>>Brian Cusworth,CFO will be in contact with me next Tuesday
regarding a figure for net of debt. TBAE is now debt-free. Quite
something considering how leveraged it used to be.
>>>
I would be interested to hear the figures immediately. I appreciate your help in advance. Didnt an insider recently sell shares? If so, who did?
>>>The focus is now on music and entertainment and Jenny suggests that
more analysts will be more apt to cover
a company focused on one industry. Warner Avalon is the foundation to
build on, and towards that end, they are producing the "Opening
Ceremonies for the Good Will Games" to be aired tonight, Saturday,
from 8-10pm on TBS.
Warner Avalon is also producing the CBS "Country Fest" to air August
5.
The annual meeting has been deferred to sometime in September
because of the strides the company is making to refocus on its core
industry.
Let me know if you'd like me to ask Brian Cusworth any particular ?'s.
>>>
A couple of questions. We hear all about this producing but what will it add to the bottom line. Has anyone estimated it? I would like to see those estimates. Also, it means nothing to throw big names if these productions dont add much to earnings. I have heard estimates all over the place on this aspect of the business.
Also, since you can at least contact someone at the company, ask him for a definitive effort to market the stock. You can have the best company in the world but if not many people know about it what good does it do?
How long have you held TBAE?
I hope you are right about a turnaround. |
