Founder of Equities Research. Stockdiagnostics Specialist

Founder of Equities Research. Stockdiagnostics Specialist
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Tuesday, August 26, 2014

DANGER: Titan Machinery Bond Hits ALL TIME LOW....****Alert

*****ALERT.....*****ALERT....the end of Titan Machinery is rapidly approaching.

Titan Machinery Convertible Indenture (2019) hit a NEW all time low yesterday @ $79.00 yield 9.39%

Titan Machinery will be reporting FY2015 2nd quarter financials for the period ending July 31,2014 withing the next month.


#bearish

Bond:
Titan Machinery (NASDAQ: TITN)
Convertible Bond 3.75%  Maturity:2019.
Closed Yesterday:  $79.00 w 9.39% yield.



Date of Offering : April 18,2012 
Amount of Debt: $150 million Convertible




Stock: (Stock Research)
Titan Machinery (NASDAQ: TITN) closed yesterday at $13.65 on volume of 120,358 shares. The stock has closed below $14 for the ninth consecutive session.

Titan Machinery FY2014 annual report (10K) .


  •  FY 2014 Net Income declined 79% from $42 million in FY 2013 to $8.8 million for FY 2014.
  •  April 10th announced the closing of 7 construction stores and 1 agriculture location

TITN 2 year chart vs. S&P500 (source: BigCharts )


Thursday, August 21, 2014

Titan Machinery Bond (2019) Makes Third New YTD Low In 2 Weeks

 #bearish

Bond:
Titan Machinery (NASDAQ: TITN)
Convertible Bond 3.75%  Maturity:2019.
Closed Yesterday:  $81.13 w 8.73% yield.


Date of Offering : April 18,2012 
Amount of Debt: $150 million Convertible




Stock: (Stock Research)
Titan Machinery (NASDAQ: TITN) closed yesterday at $13.50 on volume of 91,868 shares. The stock has closed below $14 for the sixth consecutive session.

Titan Machinery FY2014 annual report (10K) .


  •  FY 2014 Net Income declined 79% from $42 million in FY 2013 to $8.8 million for FY 2014.
  •  April 10th announced the closing of 7 construction stores and 1 agriculture location.

A Post About a Former Apple Shareholder on LinkedIn today






www.linkedin.com/pub/ralph-lugo/64/337/1a4

Wednesday, August 20, 2014

Follow Cramer and Be Bullish on Starbucks

Today Jim Cramer wrote at the TheStreet, "Jim Cramer's Stop Trading: Starbucks Should Go to $82"

Starbucks (NASDAQ: SBUX) reported poor cash flow from operations for the 9 month period ending June 30,2014. A closer look into the 3rd quarter 10Q reveals cash flow was actually robust but was negativity effected by the Kraft litigation.

Cash Flow from Operations:
FY2013 nine months:  $2.03 billion

FY2014 nine months : ($133 million)

from 1st quarter 10Q: (page 28)
  • Cash used by operating activities was $1.4 billion for the first quarter of fiscal 2014, compared to cash provided by operating activities of $1.1 billion for the same period in fiscal 2013. The decrease was driven by the first quarter payment of $2.8 billion for the Kraft arbitration matter discussed above. This was partially offset by cash provided by operating activities of $1.4 billion resulting from increased earnings and improvements in working capital accounts.

JOBS ACT Title III is Taking Forever To Pass

The Securities & Exchange Commission has still not allowed  Title III of the Crowdfunding Act to pass.

Crowdfunding killed in NC; bill backer criticizes Senate strategy



Target Cash Flow Declines $2.6 Billion (-63%)

Target Corporation (NYSE: TGT $59.25) announce 2nd quarter financials this morning for the period ending August 2,2014.

Operational Cash Flow:

FY2013 6 months: $4.1 billion
FY2014 6 months: $1.5 billion (63% decline)

TTM ending Aug 3,2013 : $6.96 billion
TTM ending Aug 2,2014 : $3.92 billion (43% decline)