Jayjaycee18:

Just Energy ($JE) Fiscal 1Q21 Earnings and approval of recapitalization plans

Looks like Christmas came early here. Alerted on this stock on July 27, 2020 and planned to hold between 5-10 years but it's up by about $87% (now $0.57 pre-market) after the shareholders, debt/bondholders had approved the recapitalization plans and release of the following 1Q20 earnings:

1. Base EBITDA from continuing operations of $40.5 million. 67% increase over the comparable prior year period
2. $136.3 million Base gross margin. A 3% increase over the comparable prior year period
3. Reaffirms Base EBITDA guidance range of $130 million to $160 million for fiscal year 2021
4. Strong stakeholder approval on August 27, 2020 of the Recapitalization Plan to de-risk the business

Disclosure: I accumulated this stock at an average price of $0.33 and will be looking to sell 70% of my holdings leaving the remaining 30% for the forthcoming 1-for-33 reverse stock split, so i can still own some substantial shares going into the coys future. The majority shareholder of this coy is currently rated as the 3rd richest man in Canada and reports had it that he assured that this coy will not be declared bankrupt under his watch. Coy had paid dividend consistently over the last 11years until last year that it ran into troubled waters.

Due diligence required as always before buying any stock.

Bonne chance!

ebuka1997:


I’m looking at peloton for earnings next month, what do you think

OakPearl:


So sorry I have been busy all along.
Peloton in my opinion will arrive at the $100/share mark in a matter of weeks.

Currently trading at a price-to-sales ratio of 13.4, it is priced to perfection. Sales in the third quarter of 2020 (ended March 31st) were up 66% from the prior-year period, reaching $524.6 million. Connected Fitness Subscribers (those who purchased the company's bike or treadmill) soared 94%

Peloton's bikes and treadmills had a gross margin of 45.3% in the fiscal third quarter,

If the avid cycler takes 20 classes per month, it'll cost him or her $640 through SoulCycle. One Peloton bike costs $2,245 plus $39 per month for the cost of subscription. After about four months the Peloton bike has paid for itself, not to mention the fact that the number of classes one can take is unlimited.

This one has overstayed its $60-$70 range I predict. I have it in my portfolio for the long term and will keep buying till it hits $100.

Their full year result will be awesome.
If you ask me, look no further; buying Peloton is a no brainer!

OakPearl:


Congratulations my "Bonne Chance" Bro.
More "bonne chance" to your portfolio.

Jayjaycee18:

Just Energy ($JE) Fiscal 1Q21 Earnings and approval of recapitalization plans

Looks like Christmas came early here. Alerted on this stock on July 27, 2020 and planned to hold between 5-10 years but it's up by about $87% (now $0.57 pre-market) after the shareholders, debt/bondholders had approved the recapitalization plans and release of the following 1Q20 earnings:

1. Base EBITDA from continuing operations of $40.5 million. 67% increase over the comparable prior year period
2. $136.3 million Base gross margin. A 3% increase over the comparable prior year period
3. Reaffirms Base EBITDA guidance range of $130 million to $160 million for fiscal year 2021
4. Strong stakeholder approval on August 27, 2020 of the Recapitalization Plan to de-risk the business

Disclosure: I accumulated this stock at an average price of $0.33 and will be looking to sell 70% of my holdings leaving the remaining 30% for the forthcoming 1-for-33 reverse stock split, so i can still own some substantial shares going into the coys future. The majority shareholder of this coy is currently rated as the 3rd richest man in Canada and reports had it that he assured that this coy will not be declared bankrupt under his watch. Coy had paid dividend consistently over the last 11years until last year that it ran into troubled waters.

Due diligence required as always before buying any stock.

Bonne chance!

Jotrade:
Best trading week for me

ScepterWorld:


Yes please.
I use Trove.
No complaints so far and they recently added price limits option unlike before when I used to trade only based on market price.

Skymoore1004:
$DDOG
$FSLY
$AYX the worst.

DAMN

Bought more $FSLY though
Holding $DDOG long.
Thinking of buying $AYX but still observing

YerYer:


Overstock (OSTK) dipped down to $90 earlier today and closed at $96.05. I'm down 21% or $1289. The stock dropped like a rock today partly because of a decrease in coronavirus cases in the U.S and competition from Facebook Shop. I bought a few more shares to reduce my cost basis. I think the reaction is over done and will add to my position as it drops.

smitten99:

Which card are u now using as i dont have Stanbic Account yet

Penboy:



Holding $JE for 5-10 years may be like a shot to your foot bro.
Overall past 5 years performance has been on a downward trend.

Looking like a JIJO kind of stock.
But what do I know sha?!

Jayjaycee18:
A stock can be traded in several ways. While one can comfortably JIJO on this stock, it's fundamentals are strong enough for one to also hold. Besides, the coy had sold off and exited loss-making countries and with natural gas prices going up and loans reduced after recapitalization takes effect this September, earnings would improve. Kindly note that this coy is still making profits and beat analysts earnings estimate by 200% with its 1Q21 EPS of $0.43. This EPS was more than the value/price of each share. I can't think of any other company in the market that can say that.

Despite having an EPS of $0.43, the market values this stock's price below $1, while some almost bankrupt stocks like Kodak and even Hertz had shot up from $0.40 to $6.0. The stock is undervalued at current price and has a low risk/reward (R/R) ratio. Hence, the future profit potential far outweighs the risk.

OakPearl:


Dear Ibrahim505,
You can trade real US stocks using any of the following android apps:
1. Trove
2. Chaka
3. Bamboo.

I use Trove and have no reason to switch just yet.

otomatic:
AAPL is now $124.76 while TSLA is $442.96 after the split. Expecting some wild trading on Monday.

kudostim:


Sir, good afternoon, please I'm also using TROVE APP, i was enjoying it until past 3 months that they start delaying crediting of user account by two or more days after selling a share...
Please are you experiencing this and do you know of other APP behaving the same.

otomatic:
AAPL is now $124.76 while TSLA is $442.96 after the split. Expecting some wild trading on Monday.

OakPearl:


This one na "sidon look" mode for some of us.

Jayjaycee18:
Thanks bro. Appreciate your timely contributions here. Did my DD on $OSTK after you highlighted it and i bought my usual 'Afolabi' units at $85 and sold half at $121 for over $900+gain within a 2weeks. Didn't look the way of $OSTK until you mentioned it here.

Still holding on to $GOCO (Go health) which you also recommended here after there IPO, even though i am currently down -19%. From my analysis, with medicaid and medicare insurance, $GOCO are sitting on a potential goldmine. Will gladly wait and take the risk of watching it dip. No need fretting over paper loss(es).

otomatic:


Why do you say so? Wetin you see?

OakPearl:


Because we have done all the talking and analysis and have matched our words with actions buying those stocks when we did for the future. To suddenly see increased number of shares even if at first the value is the same will make a sweet movie wouldn't It?

So na to sidon watch the future emerge like a movie na.

Jayjaycee18:
Yes. You need to register on Trading 212 with your gmail account, so that Gpay can link your chosen ATM card details, after identifying you through your gmail account.

2Lynx:


sorry, but does trading 212 accepts naira funding asides dollar?

horlajide:
Jayjaycee18 I don’t see the Gpay option even on desktop. Could it be because I registered with a yahoo account?

Jayjaycee18:
Trading 212 used to accept deposits from some Naira ATM cards, but recent restrictions of USD transactions using Naira cards by most Nigerian Banks has made it difficult to deposit into Trading 212 via this means. Try to get a USD dorm account that comes with a USD ATM card, fund your Dorm Account and link the ATM card details to your Gpay profile.