|Re: FRP does not look bad either here at 4.63$ seems like its trying a new trend ...|
Operating Income or Loss (39,763) (305,402) (54,336) (27,768) There losing Millions from operations each Qtr.
Net Tangible Assets (234,288) Negative net worth for the shareholders
Total Cash Flow From Operating Activities 42,589 31,946 (32,224) 46,697 at least the company is cash flow positive for the most part
Book Value Per Share (mrq): -4.05
Total Cash (mrq): 17.35M
Market Cap (intraday)5: 121.28M
FairPoint Communications, Inc. provides communications services in rural and small urban communities primarily in northern New England. The company offers an array of services, including high speed data, Internet access, voice, television, and broadband product offerings to residential, business, and wholesale customers. It provides local calling services, such as basic local lines, local private lines, and switched data services; data services comprising private line special access, fast packet, optical, Ethernet, and IP services; and Internet services, including IP addresses obtaining services, basic Web site design and hosting, domain name, content feeds, and Web-based email services, as well as carrier Ethernet services. In addition, the company offers network transport services, such as access services, which primarily include DS-1 and DS-3 services; and high speed digital services that primarily comprise Ethernet-based services provisioned over fiber and copper facilities. Further, it provides billing and collection services for interexchange carriers; directories, which offer white page, yellow page, and community information listings; public (coin) telephone, and the sale and maintenance of customer premise equipment; and video services to its customers by reselling DirectTV content, and cable and IP TV video-over- digital subscriber lines. As of December 31, 2011, the company operated approximately 1.3 million access line equivalents in 18 states. It provides cellular backhaul connectivity to approximately 1,600 towers. FairPoint Communications, Inc. is headquartered in Charlotte, North Carolina.
Communications company most everyone i know has moved to the cell phone at least they do provide high speed internet and tv and cell service as well so looks like they are diversified telecommunications company
As far as the chart goes RSI is at 67 its nearing that 70 level that would make it overbought and due for a pull back from fundamentals perspective looks overvalued to me could have some more upside to that 200 day moving avg at 5 bucks but risk vs reward simply not that should sell off and head to new lows based on the underlying fundamentals that the company is losing money from opperations and has negative book value and is running low on cash
Company has 17 million dollars in Cash left and over 1 Billion Dollars in debt and is losing millions from opperations... looks like to me there heading for bankruptcy i guess that there cash flows is saving them for now but for how long??
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| Reply to Sqwii - Msg #2265206 - 05/01/2012 05:16|
FRP does not look bad either here at 4.63$ seems like its trying a new trend higher