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Bne


BenHouston said: "What do you guys think of this small cap stock? BNE, they have been around for years have a large market share in the US and Canada. Their primary business is financial print, they are the guys that print up all the prospectus' for most major companies. They also do some corporate printing (print brochures for certain banks, print mcdonalds signs and so on). Their main focus and most profitable accses is the financial print area, they also submit annaul and quarterly reports to SEDAR. Their stock has been trading side ways for years. Instituational ownership is in the 90% and insiders have been buying like crazy lately. What do you guys think?"

Mr. Gekko said: "eh... fundies are so-so. Negative EPS. It underperformed the S&P for the past two years. I dunno... with a stock that trades sideways or in a range I like to have a decent dividend. BNE only yields 1.40%. Not much. I'd pass."

BenHouston said: "[QUOTE=Mr. Gekko]eh... fundies are so-so. Negative EPS. It underperformed the S&P for the past two years. I dunno... with a stock that trades sideways or in a range I like to have a decent dividend. BNE only yields 1.40%. Not much. I'd pass.[/QUOTE] Their margins are narrow largely attributed to their corporate printing division. The only reason for my post of your thoughts is because of large insider buying. My dad is a director of this company (of the Canadian division, he won't have access to the same information as the Americans and their headoffice is in NYC), he's been telling me they have been going out of business for the last 10 years. Yet his coworkers keep buying more and more shares."

Mr. Gekko said: "[QUOTE=BenHouston]Their margins are narrow largely attributed to their corporate printing division. The only reason for my post of your thoughts is because of large insider buying. My dad is a director of this company (of the Canadian division, he won't have access to the same information as the Americans and their headoffice is in NYC), he's been telling me they have been going out of business for the last 10 years. Yet his coworkers keep buying more and more shares.[/QUOTE] Well, since your Dad works their I'm sure you have more info on the company than I do. Though I will say that it sounds like the company is treading water. The buy back may be just to mask how bad things really are... just like a reverse stock split. Maybe they'd do better if they stopped paying a dividend. Companies with a negative EPS shouldn't be giving away free money to their investors. Yet, if they cut it the stock will tank, therefore rendering the buy back pointless. On the other hand, if the earnings continue on the down side BNE may be [I]forced[/I] to cut their dividend. Things don't look good from my point of view but, as I said you may know better."

GlennGould said: "Who cares if you think the company is going bankrupt and the financial statements are bad? If you want to make money out of a play like that just swing trade it IF you see it trending up. IF you see the trend reversing against you, just sell it. Or go short :th_dblthumb2:"

Harry said: "[QUOTE=BenHouston]What do you guys think of this small cap stock? BNE, they have been around for years have a large market share in the US and Canada. Their primary business is financial print, they are the guys that print up all the prospectus' for most major companies. They also do some corporate printing (print brochures for certain banks, print mcdonalds signs and so on). Their main focus and most profitable accses is the financial print area, they also submit annaul and quarterly reports to SEDAR. Their stock has been trading side ways for years. Instituational ownership is in the 90% and insiders have been buying like crazy lately. What do you guys think?[/QUOTE] What source are you looking at where insiders are buying like crazy? On YAHOO is see a lot of planned bailing at the mid-15s. It's kinda right in like with the sector...not really discounted. I don't see any assumed growth and I see negative estimated earnings. The only possible play I see is buying on a large pullback and then hoping future earnings spurs stock gains by beating the street... ...but I must concede there are more sure ways to make money."

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