IBI Group Inc T.IBG.DB.E

RE:My take on earnings in case anyone wants to hear it.

[patenright]

with all due respect caillen - nice spin job -  people will sell because of credit cards, buy a car , ect  - good lord - net profit was a whole 2 cents under estimates and now the stock will drop by over 30% despite all the other umpteen positives - what are you smoking  dude?

ya net profit  was a little weaker ( 4 cents vs 6 cents estimates)  but ebitda is a more fundamental measure of a company's operations  esepcially when bottom line is affected by non recurring expenses  and ebitda was very good.   cashflow was strong as well.  also, sales blew away estimates by $2M!!

net profit was certainly affected by consulting fees and these are non recurring and without , you are looking at profits of around $0.17 for first 6 mths of 2014  and  with pe of 10 that is $1.7 alone of value but just based on A HALF YEAR  let alone a full year.  

investors are not stupid, they look at fundamental core income when valuing a firm, not expenses related to an event that has a finite finish (ie. non recurring)
also, charts do not value companies - cashflow does - charts can help time a buy or sell but again they play no part in valuing a company - cmon caillen

caillen as i just said in last post - investors will soon start discounting 2015 $0.5 eps as IBG becomes less and less of a show me stock so even if you thought IBG current value is under 2 ( which i disagree)  investors will buy now until end of year  as they begin discounting those 2015 eps estimates. 

have fun with you trying to buy at 1.6 or lower as i think the odds are quite low

always hard to predict this stock, but those results and the very fact they were good and no bomb went off, gives more confidence and  again why investors will now start buying in anticpation of continued progress and good results and even improving ones.... so stock could and should rise tomorrow  and likely stay in 2-3 range until q3.    this should not get back under 2 but it is illiquid so it may, so u might just get lucky caillen and be able to buy back in 1.8-2 range, but again i just dont see this back at 1.6 and under