Position Update: RICK
February 12, 2008 – 2:14:49 pm
Danny wins again. Stock is up AH, so we’ll see what happens tomorrow.
- Rick’s Cabaret on call guides FY08 $1.10 vs $1.06 single analyst estimate; sees revs $55 mln vs $56.20 mln single analyst estimate
- Rick’s Cabaret in slides sees FY09 $2.00 vs $1.66 single analyst estimate; sees revs $100 mln vs $77.80 mln single analyst estimate (26.03 +0.86)
More facts from the slides:
- Net Income $1.7m, up 405% YoY.
- Operating cash flows 2.17m, up 217%.
- Tootsies Acquisition exceeding expectations
- Same club, same store sales up 84% YoY (organic growth)
- Issued letters of intent to 3 clubs (more acquisitions = more growth)
RICK articles:
Ducati points out the flaws of RICK
in Houston the parking lot of rick’s is full of limos and very expensive cars - every day.
February 13th, 2008 at 7:45:14 amAnon- Thanks for the local info.
February 13th, 2008 at 8:00:36 am[...] My previous RICK articles. [...]
March 5th, 2008 at 7:25:32 am[...] My fundamental research. [...]
April 5th, 2008 at 6:34:44 pm