Jamba is Juiced
I know a lot of people don't think that Jamba INC. (JMBA) is worth anything because of all these stock warrants out there, approximately 18 million. But I think Jamba will do well. Its a growth stock, with 55% of its stores in California and pretty much the rest of its company only in the West coast area, Jamba still has a lot of expanding to do. Once it starts to expand to the East coast, I believe, if this is done correctly the company has huge growth potential in its stock price. The warrants do worry me a little, but I think this company will be part of a huge story on Wall Street, because Wall St. always loves a growth stock.
Current Price: $9.90
Price Target: $14.50
Current Price: $9.90
Price Target: $14.50
posted by Ira at 8:29 AM
2 Comments:
Hey, like your blog. Any chance you could add a ATOM/RSS link so I can be notified when you have a new post?
I know...every one is talking about the dilution factor...becuase of warrants and ...but...the brighter side is the company can have around $200 million in cash...which they could use for growth ....other the new store opennings..which are financed by net working capital...
just sitting in the bank/bond...$200 million will get them 10 million @5% peranum...rate
but...i am betting that they will use that money and leverage and buy another biz in the similar industry...to double or tripple the revenues...in a year or two...instead of now presumed 20% annual growth...
perennialcapital.blogspot
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