Deep Seated Bitterness

[crosseyedjoe]

Amazon has made a profit .71/share currently.

That is just the value of Amazon's share that's different from profit. They haven't made enough money yet to cover their rapid expansion in the late 90's. The share is strong because Amazon has a good business plan even if the company is burdened by debt.

 

[HouseMan]

That is just the value of Amazon's share that's different from profit. They haven't made enough money yet to cover their rapid expansion in the late 90's. The share is strong because Amazon has a good business plan even if the company is burdened by debt.

You have no idea what you're talking about. Please stop now. .71 cents is the earnings per share lol.

 

[straybullet]

That is just the value of Amazon's share that's different from profit. They haven't made enough money yet to cover their rapid expansion in the late 90's. The share is strong because Amazon has a good business plan even if the company is burdened by debt.

The case with Amazon is indeed different. The debt ratio is what comes into play, which is to say that Amazon's current assets are more than their current liabilities. The formula is this:current assets divided by current liabilities (current assets are assets that can be converted into cash within a year). Amazon's debt ratio is reportedly well within the area of acceptability.

 

[crosseyedjoe]

You have no idea what you're talking about. Please stop now. .71 cents is the earnings per share lol.

LOL, funny. The value of the share increased that doesn't mean the company made a profit. The people who own the share made a profit. For all we know the value of all their shares might not be enough to pay their current debt. The stock market share is very different from assets and liabilities. Shares dictate the current market value of the company based on the company's performance. The performance of the company depends on how well the company manages its assets and liabilities. Amazons different acquitions put them on the negative side of the book; however, their business strategy is well founded that they will be able to pay their debts. This gives the public a strong confidence on the companies performance.

Let's put it this way, the only time you can make a profit out of your house is when you sell it with a market value higher than what you pay for it. If you are like most of us, you are probably on the negative side of the book for the next 10-15years. However, if you have a steady job and pays your mortgage on time. The lender will have a high confidence on you.

 

[DaveK]

Only publicly owned companies are subject to SEC filing and reporting requirements. I do not believe that the IPT is a public company. KT and the SEC are not on the best of terms. LOL

Which is exactly why I made my comments in response to Jake saying "wait for the IPT IPO" or some such nonsense.

Dave

 

[onepocketchump]

No, John, I'm not trying to win anything. I needn't try very hard as your arrogance overrides your logic. It takes you 11 paragraphs to say what most educated people could say in one sentence. Your comparison of my portfolio against a walmart truck driver... hmmm... wanna bet? lol. I guess if you cant defend the issues youre left to resort to personal attacks, which is fine by me. I've fought with you before, and though youre not as entertaining as Fast Larry, you're on the same intellect level - almost.

Dear, I think you had better check up on how much Wal Mart stock has split since it's IPO and how much company employees hold. In addition to having the largest fleet of trucks in the world Wal Mart's truck drivers are among the wealthiest in their profession. I don't need to personally attack you, you make every effort to run yourself on the sword all by yourself. I only wonder how many feet you can fit in your mouth.

Anyway, Mr. Smartypants Barton,
Answer these questions

Yes maam, right away maam. I notice maam that once again you dodge the points, but maam for the sake of masturbating your ego I will answer you as commanded maam.

1. How is the IPT generating revenue that will exceed their expenses? Be specific.

By soliticiting fortune 500 sponsorship, ad revenues, licensing, product sales, qualifiers, memberships and so on... didn't you do yoru homework and listen to the business plan?

2. Are KT's verbal promises of $100K salaries legal and binding? If so, where is that money coming from? KT's personal account, or the IPT's?

I don't know if they are, do you? I didn't think so. What do you care. You aren't the one the promise is being made to. What does it matter to anyone but the players and the IPT? Once again the point is that YOU DON'T HAVE A CLUE about the solvency of the IPT or Kevin Trudeau. I hope you pick stocks better than you predict the fate of privately held enterprises. But since you missed this part of the the IPT discussion, I'll fill you in, a verbal promise is a legally binding contract when one or more parties is financially injured by the non-fulfillment of said promise. You can look that one up without access to a law library.

3. What current tangible assets does the IPT have that justify a $150M price tag. Key words are "current" & "tangible".

Who knows? Did I ever say that the IPT is "worth" 150M? No, I did not. I said neither you nor I have any clue how the deal is structured. Unlike you I am not going to speculate by pulling wild guesses out of my ass based on the textbook ideas from school. I will however bow to your scholarly superiority IF you can tell us what the current bank balance is for either the IPT's accounts or Kevin's. Hell, I'll settle for the address, that ought to be something that someone of your genius ought to be able to find out. Surely you have high powered access to financiers around the world who can give you the inside scoop.

4. Will their current liabilities in addition to the proposed dividends for 2007 exceed their revenues for 2006?

I don't know - oh silly me. Well I don't have your degrees so I guess I am still allowed to say I don't know. Once again though I think this would be the time to refer you to the BUSINESS PLAN - you remember those from Business 101 don't you. Well, in the business plan that Kevin laid out he stated that he had already set aside enough to carry the IPT through 2008 if I remember correctly. Whether this is true or not is irrelevant to the point that you DON'T KNOW any differently at this point.

Don't give me these silly "I don't know" answers. If you are confident that the IPT will thrive and succeed and that I am wrong despite my education, these should be very easy questions for you to answer. If you can't answer those questions, then what is your basis for saying that the IPT is not in the red?

Silly girl, logic is for boys. Just kidding ladies you know you got props from me.

Debra, instead of boring myself and the rest of us with another lecture which you so apparently relish I'll just finish with a story that sums up how I see your views;

On Thursday Mrs. Smith asked her 6th grade biology class a question. "Which part of the body enlarges to ten times it's normal size when excited?", she asked. Debra (no relation) raised her hand and when called on said, "Mrs. Smith, I don't think that is an appropriate question for 6th graders." Mrs. Smith ignored her and asked again if any knows which part of the body enlarges to ten times it's normal size when enlarged. At this point Debran stood up indignantly and said to Mrs. Smith, I am going to tell my parents about this completely inaapropriate lesson. Mrs. Smith told her to sit down and asked once more, if any one knows which part of the body grwos to ten times it's normal size when excited. Billy raised his hand and when called upon he said, "it's the pupil of the eye." "Very good Billy," Mrs. Smith said. Then she turned to Debra and said, "as for you young lady I have three things to say, one, your mind is in the gutter, two you didn't read your homework, and three, you are going to be very disappointed someday."

 

[onepocketchump]

Wayne

You can agree or disagree with me - thats inconsequential, but we can both deduce that there are too many unknowns to make a determination of what is actually going on.

Golly, is this the educated way of saying you don't know? Wow, I am really, really proud of you. It must have cost you half your soul to type that out.

John

 

[onepocketchump]

I agree Noodles, the gal ain't lost one yet to ol John boy even though he thinks she has. She is one smart cookie. John is, well, John!
Purdman

PS: You Rock Gal!!!!

Oh, she's lost well enough. The record speaks for itself. Even smart cookies can be dumb asses. I know that well enough from my actions.

John

 

[wayne]

Wayne

That false data came straight from Kevin Trudeau's lips. I'm not competing with onepocketchumpsters, I am just looking at it realistically from a professional standpoint. You can agree or disagree with me - thats inconsequential, but we can both deduce that there are too many unknowns to make a determination of what is actually going on.

Kevin Trudeau never said it. Someone made that up. Listen to what he said or find the post where someone quoted what he said in regards to $150 million. He never said that was what the IPT was worth. Now you know it is false data not from Kevin Trudeau's lips.

Wayne

 

[HouseMan]

LOL, funny. The value of the share increased that doesn't mean the company made a profit.

Again, you have no idea what you are talking about. The .71 cents per share earnings is their quarterly profit. This profit is probably after charges, amortization and such. It seems you think the .71 is the share price. Amzn's share price at closing today is $30.22 with a 12.66 billion market cap. In case you didn't know 1 Billion = 1000 million. Their P/E is 42.68. IMO is not that high for what's considered a leading Internet commerce company. P/e is the price/earnings ratio of the company.

 

[straybullet]

Oh wow, John... you win. You're so correct! How can I ever have allowed myself to lose such a silly debate to an ignoramous with a whacked out flow-bee haircut? Oh the shame... the shame... the shame!!!!!!!!

Stick a sock in it, Mr. OnePocketChumpsters... when the facts come out you will know even less than you do right now (if that's possible). You dont debate the issues, you just like acting like a bully. Ive seen you, Barton. Body by Budweiser. I wouldn't talk tougher than what I wuzzz if I were you.

Back to the issue....
THERE WAS NO BUSINESS PLAN. The only plan was to:
a) start this thing off
b) run it into debt
c) sell it or close it down

That is the only plan KT had. Profitability might change if and when the new ownership purchases the IPT. The way its going now, it will continue to accrue more debt with every event. For now, the IPT is not a profitable business venture for Mr. Trudeau (by design). I think many people were smart enough to figure that out on their own, too bad you weren't capable of coming to the same conclusion.

 

[Nostroke]

Again, you have no idea what you are talking about. The .71 cents per share earnings is their quarterly profit. This profit is probably after charges, amortization and such. It seems you think the .71 is the share price. Amzn's share price at closing today is $30.22 with a 12.66 billion market cap. In case you didn't know 1 Billion = 1000 million. Their P/E is 42.68. IMO is not that high for what's considered a leading Internet commerce company. P/e is the price/earnings ratio of the company.

Small correction- That is their trailing 12 months earnings, not quarterly. I would never buy them at this level- How much could they grow at this point? Not much imho. But then again i bought AMR at 36.50 and sold at 1.89 so im no genius.

 

[crosseyedjoe]

Again, you have no idea what you are talking about. The .71 cents per share earnings is their quarterly profit. This profit is probably after charges, amortization and such. It seems you think the .71 is the share price. Amzn's share price at closing today is $30.22 with a 12.66 billion market cap. In case you didn't know 1 Billion = 1000 million. Their P/E is 42.68. IMO is not that high for what's considered a leading Internet commerce company. P/e is the price/earnings ratio of the company.

What stock market share has something to do with company's profitability. You make profit by selling commodities and services.

OK, I was wrong Amazon.com actually made their first profit in January 27, 2004 after five years of being in the negative. Their share valuation is even higher then.

And sarcasm will not win you in a debate. It only tells more about weight of your argument.

Back to the issue....
THERE WAS NO BUSINESS PLAN. The only plan was to:
a) start this thing off
b) run it into debt
c) sell it or close it down

That seems to be the current "fad." That's what happened to Boston Market and Dunkin' Donuts after some investor friendly repackaging of the companies by private-equity firms who bought/resold the companies. They're share is doing good right now; however, Boston Market still has to come out of bankruptcy and Dunkin' Donuts still has to turn in a profit (my favorite eclaire was sacrified).

So selling it might not be a big problem specially to person like Stanley Ho. Pool is a big thing in the Asian region.

 

[jimmyg]

Oh wow, John... you win. You're so correct! How can I ever have allowed myself to lose such a silly debate to an ignoramous with a whacked out flow-bee haircut? Oh the shame... the shame... the shame!!!!!!!!

Stick a sock in it, Mr. OnePocketChumpsters... when the facts come out you will know even less than you do right now (if that's possible). You dont debate the issues, you just like acting like a bully. Ive seen you, Barton. Body by Budweiser. I wouldn't talk tougher than what I wuzzz if I were you.

(parts omitted)
.

Straybullet, "Stick a sock in it, Mr. OnepocketChumpsters", "flow-bee haircut", "body by budweiser", classics!!

I knew that there was something aside from your picture that I liked about you! Jimmy

 

[HouseMan]

What stock market share has something to do with company's profitability. You make profit buy selling commodity and services.

OK, I was wrong Amazon.com actually made their first profit in January 27, 2004 after five years of being in the negative. Their share valuation is even higher then.

And sarcasm will not win you in a debate. It only tells more about weight of your argument.

I don't know what you're trying to say here I'm guessing English is not your first language, so I'm not going to dog you on that. What I am saying though is I think your impression on how the stock market works and how companies' valuations are analyzed is incorrect, but you can go on however you want though.

Also, you attributed my comments to Nostroke by mistake when you quoted earlier...

 

[Noodles]

Oh flow-bee haircut? Body by Budweiser.

While I love your wit I don't think you need to add insult of someones appearance to win or lose an argument. It's not nice and not very intelectual. Keep it clean straybullet your a lot classier that way.

 

[ironman]

While I love your wit I don't think you need to add insult of someones appearance to win or lose an argument. It's not nice and not very intelectual. Keep it clean straybullet your a lot classier that way.

Maybe it is called, foreplay???

 

[ribdoner]

Straybullet, "Stick a sock in it, Mr. OnepocketChumpsters", "flow-bee haircut", "body by budweiser", classics!!

I knew that there was something aside from your picture that I liked about you! Jimmy

I have a mental image of all of the above w/exception of "flow-bee haircut'' Somebody...help me out

 

[jimmyg]

I have a mental image of all of the above w/exception of "flow-bee haircut'' Somebody...help me out

Ribdoner, the 'flow-bee" was a tool, sold on tv, like a short informercial. It looked almost like a hairblower (hand held), but it worked in reverse, it sucked your hair inside and cut it different lenghts depending on the attachment you used. Like a do-it yourself Supercut haircut.

Come to think of it, it may have been the first informercial done by someone we all know.

No disrespect to anyone here, I just thought the references were pretty funny.

 

[pooltchr]

While I love your wit I don't think you need to add insult of someones appearance to win or lose an argument. It's not nice and not very intelectual. Keep it clean straybullet your a lot classier that way.

When someone is losing an arguement with facts, it's a typical strategy to resort to tactics like this. FWIW, I know John personally, and he has probably studied the facts surrounding the IPT as much as anyone. He is not prone to making emotional decisions. I have had some long discussions with him about what is good and bad about the IPT. I may not agree with all his ideas, but I have to admit they are usually pretty well thought out.
Steve