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What do you think about UA?
posted by hicit on 1 months ago
740 views

roger

Don't get army boots retailer PXG ...... ok ?

After it took a nose dive I sold my shares when it came back up today for a litte bit of a
loss...guess we have to wait till the numbers look good again...going to keep an eye on it
through the holidays though...its everywhere..

I love their clothes. I basically live in their Tech Ts... have a burgundy one on right
now.

The Nike equivalent isn't as good. It doesn't have the same anti-pilling fabric as UA.

I think they have great brand cachet in the athletic apparel niche. But this is a limited
market in the US.

Sorry I have no useful opinions on the stock.

Avoid UA

August 21,2007 TheRetirementSolution.com Issued a Warning in their Weekly Commentary while
shares were at $66

from Today's Commentary 11/13/2007:
Under Armor has since filed their 3rd Quarter financials and the cash flow statement has
weakened even further. For the most recent quarter, UA reported negative free cash flow of
$(0.49) a share, a decline of 122,000 % vs. the comparable 3rd quarter in 2006. Free Cash
Flow for the trailing twelve months declined to negative $(1.02) a share vs. negative
$(0.33) for the comparable TTM ending September 30, 2006. Since going Public less than 2
years ago, Under Armor has generated more than $66 million in NEGATIVE free cash flow. As
a result, we continue to avoid shares of Under Armor.

Nike has been out with these products for the last 3 or 4 years. I don't think this hurts
UA any more than it already has. I would buy UA down here. They had a great quarter.

I own UA and have been waiting for it to hit $70. Their products are great -- I wear them
myself and see other people wearing them to not only at the gym but also as casual wear.
The problem is that Nike just came out with a line of clothes that are in direct
competition with UA's line of moisture repelling clothes. And UA doesn't have that much of
a line outside of those types of clothes right now. So I'm concerned that UA, who has a
lot less money than Nike, will have a tough time competing. I'm going to hold until 12/31
and the reevaluate. I'm concerned that there may be some better places to put my money.

I go to the gym and all I see everywhere is Under armour everywhere....I am buying on the
way down...here and there...I know retail is slacking big time right now but I think its
the new Nike...I mean its everywhere...whats your take?

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