Silicon Investor (SI) -- The First Internet Community

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 : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Mario :-) who wrote (62971)	12/16/2019 5:41:17 PM
From: bruwin	2 Recommendations Recommended By Lance Bredvold Mario :-) Read Replies (1) \| Respond to of 78777

What is it that you find attractive about SSI ? Yes, it's had a recent jump in its share price to about $7.50, but it's since fallen back over 26% to $5.50 in 4 days. But more importantly, this company has been LOSING money for the last 3 years and for the last 8 Quarters ...... ..... And not only is SSI losing money at its Bottom Line, it's already Losing money after its "Compulsory" Expenses of Cost of Revenues and SG&A, i.e. at its EBITDA level. I thought that the primary objective of a company, especially a Public one, was to make a PROFIT ? IMO, if a company is already losing money at EBITDA then it has a serious problem. In the link that you posted, AMBRA CAPITAL made the following comment ..... But the way I see it SSI made a Loss at its EBITDA level in its latest Q3 ...... EBITDA = 415 - (315.5 + 111.2 + 0) = a loss of -$11.7 million. You also stated that .... " ... saw a 7.6% increase* in adjusted EBITDA margin yoy."* But SSI's EBITDA in FY 2018 was = 1651.2 - (1228.8 + 460.3 + 0) = -$37.9 mil., and its EBITDA in FY 2019 was = 1641.5 - (12350.9 + 457.6 + 0) = -$67.0 mil. So to me that looks like a Decrease in its yoy EBITDA margin from -37.9/1651.2 = -2.3% to -67/1641.5 = -4.1%. The way I see it, it's all very well for the likes of AMBRA CAPITAL to make 'predictions' and 'assumptions' about SSI's "positive future", but I'd say it would be prudent to wait and see if those rosy predictions manifest themselves in SSI's future, and preferably Audited, Financial Statements. So, unless the numbers shown in the KOYFIN web site are incorrect, I'd say that it's also unlikely that Mr. Buffett will be buying into SSI with some of his 'tons of cash'.

To: Mario :-) who wrote (62971)	12/17/2019 10:40:26 AM
From: Paul Senior	2 Recommendations Recommended By Lance Bredvold Mario :-) Read Replies (1) \| Respond to of 78777

retail stores. Yeah, I bought a package of these 2nd or 3rd rate companies, (e.g. SSI and SMRT and another I can't recall) when the stocks were down and out. My idea was that they still had some customers, and if they could get their merchandise right, maybe at least one of the stocks would recover somewhat. However, the stocks kept dropping and became penny stocks. I gave up at that point (too bad for me as regards SSI), and am sticking with larger cap with a better history and/or maybe a niche market. These include JWN, BIG, CTRN, CPRI, DG, MIK SSI is intriguing. If they can repeat and replicate the success they seem to be having now, I suspect you are right, and the stock will move up, maybe substantially so. It's just that retail is so iffy with AMZN, other competition (reducing margins among competitors - many of whom seem to be selling the same products), changing tastes, etc., that I've no confidence with SSI or the other dink companies. I'm having enough concern with just the larger ones. SSI will just be one of those stocks that maybe continues to move up without me. ---- Edit: I'll take a chance with MIK and add now to my very losing position. finance.yahoo.com Also forgot to add that I have Container Store, TCS, and I'm adding a few shares to that position also. finance.yahoo.com