Warning Signs During the last call, an analyst tried to get a sense if there is any organic growth happening here:
Nick Corcoran, Acumen Capital Finance Partners Limited, Research Division - Equity Research Analyst [8]
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Okay. That's great. And just on sales, I see they're up 31% year-over-year, and that was a combination of Digium and organic growth. Can you maybe quantify what Digium added year-over-year?
Answer: No. (they need to keep this a secret). It would have been nice to know if there is any organic growth.
Beyond that, the earnings keep getting revised downwards.
Yahoo Finance consensus went from 0.03 EPS for this quarter 30 days ago to 0.01 EPS today. Likewise, from 0.03 to 0.02 EPS for the quarter after that.
None of this troubles the analysts working for the firms that will profit the next time they need to do a private placement for their next acquisition. You shareholders will get diluted again, but they will get a nice discount on shares that they can dump at a nice profit plus they get a nice fat fee. Of course, they will keep raising the stock's target price.
Here's a suggestion: the time to buy this stock is when they start revising Earning Per Share UPWARDS. But do not hold your breath on that.