Comments for JOSB - Stockpickr! Your Source for Stock Ideas

Comments for JOSB

Added By	Comments	Type	Date Added
barrons2	JoS A. Bank shares have already dropped from 46 to 23 and still have downside -- possibly to 16 if previous industry lows in P/Es are an accurate guide.	Love	March 29, 2008
Micc0	Capital structure	Love	March 25, 2008
Nick Ramsey	Bro is CFO.Good cash on hand,low liability but high inventory	Love	December 04, 2007
MrStockQuickie	35	Love	November 18, 2007
mkirkman	heard about it	Love	October 18, 2007
Bryan Kaarlsen	Looking for a beat at earnings.	Love	June 09, 2007
websports2	I work at the corporate hq	Love	May 19, 2007
Barrons	JOSB reported Q4 results at $1.36, up 32.4%; our projection was $1.24, consensus, $1.25. The firm plans to open 50 stores this year. We are again raising our target price, from 40 to 46, implying the shares would trade at 15 times our forward estimate [versus last] four years' average, 14.9 to 16.4 times.	Love	April 21, 2007
James Altucher	- stock fell 13% the other day when they reported a lower than expected same-store sales increase even though it was 10% higher year over y ear - company trades for less than 10x cash flows with double digit growth - 7.6mm shares short, so a 18 day short ratio - earnings per share expected to go from 1.95 in 2006 to 2.24 for fiscal 2007 to 2.54 for fiscal 2008	Love	April 13, 2007
Guest	102-year-old men's fashion store.	Love	February 18, 2007
djohn31	+23.33%	Love	January 20, 2007
enviroman57	A recent purchase. Up slightly, purchase based upon recommendations from a stock pick program	Love	January 17, 2007
Kenny Golfish	Growing retail chain. Great place to shop.	Love	January 11, 2007
Pam	<a href=" http://www.gurufocus.com/news.php?id=3910">GuruFocus</a> comments on Jos. A. Bank: "… JOSB has a hidden asset which is not apparent to most investors looking at the company's operations on the surface, half of JOSB stores are less than three years old. "So what?" - You'd ask. It takes close to five years for a store to reach companywide average sales and operating margins of 23%. A store that is less than three years old has a profitability of 10% below company average. This makes sense, as a very large portion of the costs of running a store (rent, salaries, utilities etc.) are fixed. These costs are more or less the same, either sales are at $0.9 million approximate average sales of a new store, or they are at $1.6 million approximate average sales of a relatively mature store. As new stores mature, sharply rising same store sales arrive with much higher margins. Today, company's margins are depressed with half of its stores being relatively new, but as they mature, margins will rise and earnings and free cash flows will go through the roof. I estimate the company's net margins will rise by about 3-4% and the company will earn somewhere around $5 in 2009. Slapping a 10 times P/E (no growth) multiple we get a $50 stock. There is plenty margin of safety in this stock."	Love	December 10, 2006