writser Posted January 4, 2019 Share Posted January 4, 2019 Can't go too wrong with $2 / share in cash, a new policy of returning capital and $0.36 / share in earnings during a year with above-the-norm SG&A. I'm a simple man. Bought a few extra shares today. The opioid epidemic might cause some issues but there's a huge margin of safety. Link to comment Share on other sites More sharing options...
valuedontlie Posted January 5, 2019 Share Posted January 5, 2019 this business seems like a near-perfect candidate for a (very) small, cash-rich, NOL shell... no? Tax provision in the $350-400k range... would save >$0.20/sh annually... Link to comment Share on other sites More sharing options...
writser Posted January 10, 2019 Share Posted January 10, 2019 I looked at their 2017 report. That line is exactly the same in 2017. I am now thinking this was just a copy and paste error. Microcaps.. Still in, but a little disappointed. Yes, you are right. Looks like they were pretty lazy by copy and pasting the whole first paragraph... They changed their annual report. They had first updated a different annual report (see attached). I was lucky to snoop around on their website on New Years holiday. Overall it was well written, appreciated the candor with respect to Opiods. I am slightly offended that they removed it and did a copy-paste on the previous year, but its likely profits in 2019 will suffer. They put the original version (with the additional info on opiods) back online. Link to comment Share on other sites More sharing options...
60North Investments Posted December 13, 2019 Share Posted December 13, 2019 Just wondering if someone has an idea of what today's -25% is about? 38K shares traded early in versus daily average of 3K. I think this may have been the ex-dividend date last year, but couldn't find any info that today would be a dividend day for them this year? Link to comment Share on other sites More sharing options...
Tim Eriksen Posted December 13, 2019 Share Posted December 13, 2019 The financials were not on the website but when I entered this it came up http://ftp.pdrx.com/docs/2019AuditorsReport.pdf The lost money in fiscal 2019. PDRX_2019AuditorsReport.pdf Link to comment Share on other sites More sharing options...
bizaro86 Posted December 13, 2019 Share Posted December 13, 2019 The financials were not on the website but when I entered this it came up http://ftp.pdrx.com/docs/2019AuditorsReport.pdf The lost money in fiscal 2019. Thanks! Frustrating they didn't link it. This is now very close to being a net-net. I got NCAV = $3.45 Seems like this could be related to the opioid crisis. Link to comment Share on other sites More sharing options...
bizaro86 Posted December 13, 2019 Share Posted December 13, 2019 Got some shares at $3.45. Surprised to be able to buy at NCAV. Long history of profitable operation, one year with a slight loss, history of returning significant cash to shareholders, aging management likely to consider selling, significant real estate ownership not included in NCAV. Link to comment Share on other sites More sharing options...
no_free_lunch Posted December 16, 2020 Share Posted December 16, 2020 Does anyone know if 2020 numbers are out? Link to comment Share on other sites More sharing options...
reader Posted December 16, 2020 Share Posted December 16, 2020 Does anyone know if 2020 numbers are out? PDRx annual report is out. Cursory look, another small loss(larger), balance sheet a little less strong(0.5m). https://www.pdrx.com/investorinfo http://ftp.pdrx.com/docs/2020AuditorsReport.pdf Link to comment Share on other sites More sharing options...
Hielko Posted December 16, 2020 Share Posted December 16, 2020 Part of it is a PPP loan, so its better than it looks. Link to comment Share on other sites More sharing options...
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