whatdadil9 Posted September 21, 2016 Share Posted September 21, 2016 You dont think hes done that by "conning" the market? He bought back a ton of stock in 09-10 after he bought adcom and airgroup and didnt pay those guys their earnouts based on '08.. market timing. Then bought a bunch of company owned stores made people think it was growing....and then stuffed wheels guys and secondary guys with (48.8-33mm) shares ... basically 16mm shares at anywhere ftrom 5.5 to 6.75..... so basically he created equity value by selling/monetizing a ponzi at the top? Cmon. Hes a snakeoil salesmen who found a small arbitrage..exploited it. and if he doesnt act quickly, something is liable to screw it up. Either the company own ed stores start to atrophy more, he loses big franchisees from technology failure, or he buys anohter big deal with leverage that he has to right down....lots of ways to lose..how does he win? Big stuff costs big multiples and the market is on to him... Link to comment Share on other sites More sharing options...
kab60 Posted November 10, 2016 Share Posted November 10, 2016 Results out: http://radiantdelivers.com/?p=4861 It can be summed up like this; we didn't quiet make as much money as we'd like due to poor execution, but if you'd be so kind as to look past the various problems in our different divisions, it isn't all that bad. Link to comment Share on other sites More sharing options...
flesh Posted November 10, 2016 Share Posted November 10, 2016 The Press release was horrible....... repeatedly said "if it wasn't for this problem, we would of done better"..... thing is... not all the problems were one off, strange. Things could get worse before they get better here. Link to comment Share on other sites More sharing options...
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