RE:RE:RE:Dean and Sarge nailed itI totally agree with Dean and would add that I think management is all over the place in what they have taken-over rather than being focused on their core business.
My wife & I held PKI from Nov/2013 to Sept/2020 and did really well with it. I can guarantee we will never buy it again. There's just too many other great companies starting with the mid-streamers especially PPL.
Ciao
Sarge
DeanEdmonton wrote: DavidEEE - There is no penalty to management if they miss guidance in 2023. They have missed it in 2022 and 2021. I believe RESULTS, not their optimistic guesses. They ptrovided "Guidance" last quarter that they will hit between 1.6 and 1.7 billion for this year. They need to do over 600 million this quarter to hit that. I will believe it when I see it, and I have zero faith it will be there. What we will see is a litany of excuses from Covid, to supply chain, to staffing and pipeline issues to explain the miss, AGAIN. Both Sarge and I have said, neither of us would buy this stock at any price due to the massive debt and lousy leadership. It also doesn't fit in our portfolios. Others may see it different, but at this stage you would be betting on the pronouciations of a leadership team that has been consistently wrong. Given the pop in the stock, I guess there are still a core of true beievers. Everyone has to decide for themselves, I can only provide my perspective.
DavidEEE wrote: Larrymartin77 wrote:
Have to admit Dean and Sarge were bang on with their analysis on this stock. Warning people since the stock price was at $45 about the balance sheet and the multiple acquisitions and management decisions etc. Always enjoyed your insightful posts, keep up the good work ....
Was thinking about starting a postion around this price but would
appreciate Sarge and Deans analisis considering the updated guidance, Thanks in advance