Understanding stocks

Discussion in 'Experienced Truckers' Advice' started by JonJon78, Feb 21, 2021.

  1. JonJon78

    JonJon78 Road Train Member

    6,731
    35,620
    Jul 1, 2018
    0
    I don’t know much at all about stocks. Looking at TA/Petro how can revenue be down 19.14% but net income and profit are both up? Seems backwards. Someone explain please.... Screenshot_20210221-192154_Chrome.jpg
     
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. Hulld

    Hulld Road Train Member

    2,882
    6,561
    Oct 19, 2015
    Upstate NY
    0
    It looks like from what you have displayed that the revenue is down but income is up because they charged more for goods and services this quarter than they did in the previous quarter.
    When you look at their claimed profit margin it is up substantially.
    They could have also found ways to cut over head which lowers the cost of doing business so you can also profit more by doing less business.
     
  4. truckdriver31

    truckdriver31 Road Train Member

    6,987
    8,340
    Sep 18, 2013
    0
  5. TravR1

    TravR1 Road Train Member

    3,692
    9,523
    Nov 9, 2017
    TX
    0
    This is not an area I'm fluent. My specialty is in high risk/high reward tech stocks hoping to hold at least 5 years.

    But general consensus on Wallstreet is that TA is currently a Buy rating.

    Revenue is down but net income and profits are up. Their numbers might be affected by planned future growth. It looks like they are looking to add some additional franchises.

    TA Express Expands Into California - CStore Decisions

    It looks like it's right at a resistance point and it's earnings report is only two days away.

    Look at the earnings report and read the transcript. The 5 year chart looks rather bearish. But doesn't mean you won't make money there.

    That's all I can say on TA.

    =======

    Old Dominion Freightline up 45% over the last year.

    Tech stocks:
    -Shopify: 175% 1 year change
    -Nvidia: 103% change (solid, safe bet for long term)
    -Mongodb: 153%
    -Fiverr: 845%
    -Zoom video: 310%
    -Etsy Inc (amazon competitor) 323%

    Online dating Match.com up 118%

    Insurance, Lemonade (LMND) fresh off its IPO. Bought in at $90. It's up to $145. Should continue doing well.

    Airbnb, just bought. I think it will do well. Also fresh off it's IPO.

    Take-Two Interactive, makers of the Grand Theft Auto series, up 68%.

    =========

    Bitcoin was 11k in October. Its at 56k today. Was fortunate to catch that insane growth. My younger brother is a crypto nerd and he tipped me off. It should reach 100k this year. Liberal estimates up to 220k. Likewise Ethereum, 2k now, 5-20k end of year. My predictions, but obviously I don't have a crystal ball. I could be wrong. It's off to a strong start for sure.

    Plan to sell BTC end of year, then buy back Nov 2022, 18 months before the halving. Historically crypto follows predictable patterns. Lots of scary press on crypto. I'm just ignoring it.. Hoping for the best.
     
    Lostmykey, Lite bug, JonJon78 and 3 others Thank this.
  6. Carolina Dreamer

    Carolina Dreamer Light Load Member

    56
    84
    Jul 30, 2020
    Summerville, SC
    0
    Easier to understand women than the Stock market...

    if you're looking to invest in something make it yourself, your trucking business, family, church/community, then the market. You'll have a greater chance of realizing a return on investment in this order.

    Just the $0.02 of a mutual fund accountant turned trucker
     
    JonJon78 and Dave_in_AZ Thank this.
  7. 6wheeler

    6wheeler Road Train Member

    2,693
    4,768
    Aug 30, 2009
    0
    466.67
    - 369.71
    = -96.96

    96.96
    ÷ 466.67
    = 19.14% (I know it comes out to 20%)

    The amount of 466.67 is their normal expect profit %, it didn't happen this quarter and ended up at 369.71. That's about 19.14 negative %.
    I think it's called the spread.

    The company is still making a profit that's why it's showing a up sign, but they didn't do as good this past quarter showing now a down sign.
     
    JonJon78 and Rideandrepair Thank this.
  8. RockinChair

    RockinChair Road Train Member

    4,182
    9,342
    Feb 19, 2012
    CC, TX
    0
    The fact that NI is way up while revenue is down indicates that they have lowered their expenses. But the thing that sticks out like a sore thumb is how paper-thin their net profit margin is.


    Their lifetime chart doesn't show a pattern of long-term growth.
     
  9. TravR1

    TravR1 Road Train Member

    3,692
    9,523
    Nov 9, 2017
    TX
    0
    My mom works for a financial company, they manage portfolios, retirements and such. The owner owns no equities because he can't sleep at night. His retirement is all riding on his business.

    I'm not an expert, but if my equities perform the next 5 years as they have the last 3 years, I could retire if I wanted. That will put me at age 42.

    Been saving half my checks almost, and the market has been doubling that or more.

    People make it harder than it needs to be. People sell too much. Everyone wants to be a trader. Short term swings are unpredictable; long term growth is easier to see.
     
    86scotty, Lite bug, JonJon78 and 7 others Thank this.
  10. gekko1323

    gekko1323 Road Train Member

    1,374
    2,283
    Jul 14, 2018
    Henderson, NV
    0
    If you cut expenses at a higher rate than the loss of revenue, your net can be higher even with the lower revenue. In a nutshell: Revenue-Expenses=Profit(Loss)
     
    JonJon78 Thanks this.
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.