RE:RE:Unusually high volume recently. Good news at earnings?Most fund managers were saying to stay away from banks during the recession at 20 bucks meanwhile now they are saying mortgage your house to buy at 100. You coulda got yields at banks in the 7-8% range which by now with their improved earnings would equate to 15-20%/yr today and would be basically retired.
As far as MAXR goes they should and probably will cut by 75% which still leaves a divvy around 4-5%. This will save them around 100m/yr and will strengthen their balance sheet.
Fun fact is their earnings projections for the next year (2019) are still around 5 USD for a company that trades at 7 USD........meaning a forward PE of 1.4 yes that is not a typo. You just have to get past the next writedown from the satellite failure. Non-cash writedowns are always the sign of the bottom when the weak sell off even though the company isn't actually losing money.
If they weren't using 200-300m of their earnings to build out the worldview legion for the next 2 years they would and could be paying down 300-400m/yr of the debt so that is manageable.
But yes a forward PE of under 2 and Price/Rev of 0.2 .......or you can go buy some weed stock at 1000x earnings and 100x revs.