RE:RE:RE:Y-E results, a few quick comments Maybe. My optimism is at an all time low here. Of $300 million in revenue they generated a measely $3.8 million in profit, or 1.2%.
Pathetic!!!!! That is not investable.
If that is the best they can do in a year of cost cutting - well, it's embarrassing.
Perhaps Q1, historically their slowest quarter, will reveal something that I'm not seeing, but I have a feeling it will be more of the same.
Harry's answer today to the stock price was astounding to me. Does he really think that 14 x earnings is that underpriced? I think not.
Just think about this. If they could double net income to say 8 million then P/E would be 9.7 - really still not that great. AND THEY'D HAVE TO DOUBLE NET INCOME.
Hurricane - blah blah. Taxes - blah blah. They need to find a way to make 5 - 8 % MINIMUM, then a hurricane or an adjustment to deferred taxes wouldn't obliterate their EPS.
Brutal...........
EStreet wrote: Unfortunate, were it not for the hurricane and the unexpected negative effects of the Tax Reforms writedown Nobilis would have had a stellar year given that it was guided to be a year of cost restructuring,,.
All things considered we should see some immediate results already in Q1 18 with higher margins, the effects of the quarterly business levels with the Elite deal as well as a much lower tax rate,,.