Here's a company that we think has free-cash-flow capability of between 1 and 1.25 a share, ... At this price, this would be an outstanding acquisition candidate.
More Quotes from Robert Olstein:
And if you then want to play it yourself, you better understand accounting. You better understand discounted cash flow because stocks are not lottery tickets. They are real companies and eventually they can only grow as far as their real earnings, not their fictitious earnings.Robert Olstein
The same treatment would be afforded Del Monte, he added. Eventually we'll lose patience, ... but we're not there yet.
Robert Olstein
We believe the economy will start to (recover) some time in January, ... And now is the time to take advantage.
Robert Olstein
People have gotten tired of this company making excuses, ... It's been a marginal investment for us so far. We've owned it about a year we're frustrated, too. Our average cost is 10.50 a share. That's not why we buy a stock -- to make 50 cents.
Robert Olstein
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Based on Keywords: free-cash-flowBy Time and Age full many things are taught.
Aeschylus
Americans, particularly after World War II, tended to romanticize war because in World War II our cause was the cause of humanity, and our soldiers brought home glory and victory, and thank God that they did. But it led us to romanticize it to some extent.
Neil Sheehan
If we're intimidated or scared, then there's no way we can win. If we think it's possible, then it's possible.
Michael Williams