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Thread: Somebody is making money: ..........................

  1. #1
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    Redhot Jumper Somebody is making money: ..........................

    Somebody is making money:

    Charenton-le-Pont, France (October 21, 2016 - 6:30 a.m.)
    - Essilor International, the world leader in ophthalmic optics, today announced that consolidated revenue for the nine months ended September 30, 2016 totaled €5,306 million, representing an increase of 5.5% as reported.

    Nine-Month Consolidated Revenue up 7.8% at Constant Exchange Rates



    See all of it: ===========>
    http://inpublic.globenewswire.com/re...es?rId=2050410


  2. #2
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    Blue Jumper convert Euro US sales into Dollars ..........................


    convert Euro US sales into Dollars

    Millions 5,775.21 in USD


    1 EURO = 1.08843 USD



    out of which

    sales on this North American Continent at 2,050 Million Euros

    while in Europe where at Millions in Euros 1,450

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    Quote Originally Posted by Chris Ryser View Post
    Somebody is making money:

    Charenton-le-Pont, France (October 21, 2016 - 6:30 a.m.)
    - Essilor International, the world leader in ophthalmic optics, today announced that consolidated revenue for the nine months ended September 30, 2016 totaled €5,306 million, representing an increase of 5.5% as reported.

    Nine-Month Consolidated Revenue up 7.8% at Constant Exchange Rates



    See all of it: ===========>
    http://inpublic.globenewswire.com/re...es?rId=2050410

    North American sales are flat and the growth has been achieved through acquisitions which shall continue for the next two years.

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    Blue Jumper ........ affected by U.S. market demand and some other countries with very bad

    Essilor International SA (OTC:ESLOF) Q3 2016 Earnings Conference Call October 21, 2016 4:00 AM ET

    Hello, good morning, everyone, and welcome to our Q3 Conference Call, which I am hosting with Laurent Vacherot and of course the Investor Relations team.

    ……………….But, yes, this performance is affected by U.S. market demand and some other countries with very bad economies. And this was not anticipated. But all we know from past. In that, when it happens it’s a recovery in six months, nine months later, because people need to see well and can’t stay with bad vision. Their life will be in danger.

    On the second pillar, sun, Bolon is back to growth, which is good. But it is not yet at the level to offset the lower performance of the beginning of the year. And on top of that, the size of this division is not yet at the level we want and that we need to fuel overall Essilor growth.

    On the online division, all sites are performing well and above expectations, except Coastal in the U.S. And this division needs also to grow through acquisitions to reach the critical mass.

    Continued .............

    See all of it: ========>
    http://seekingalpha.com/article/4014...all-transcript

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    Master OptiBoarder rbaker's Avatar
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    Quote Originally Posted by Chris Ryser View Post
    Somebody is making money:

    Charenton-le-Pont, France (October 21, 2016 - 6:30 a.m.)
    - Essilor International, the world leader in ophthalmic optics, today announced that consolidated revenue for the nine months ended September 30, 2016 totaled €5,306 million, representing an increase of 5.5% as reported.

    Nine-Month Consolidated Revenue up 7.8% at Constant Exchange Rates

    See all of it: ===========>
    http://inpublic.globenewswire.com/re...es?rId=2050410

    Bought some of their stock in 2002 when I retired. Paid about $32 a share. Last time I checked a month ago it was worth about $130 a share. Dividends . . . Ehh. Nothing to write home about. A lackluster holding outperformed by many other investments. Stockholders ain't getting rich but we ain't losing money

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    Redhot Jumper They will be active by purchasing more online opticals ..............................

    Quote Originally Posted by rbaker View Post

    Bought some of their stock in 2002 when I retired. Paid about $32 a share. Last time I checked a month ago it was worth about $130 a share. Dividends . . . Ehh.

    They will be active by purchasing more online opticals to play the retail market on both sides of the fence, to help those thousands of people that are in need.

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    North American Sales are really flat :(

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    Quote Originally Posted by kissanime View Post
    North American Sales are really flat :(
    they are not always flat.. :(

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    Quote Originally Posted by EliaBa View Post
    they are not always flat.. :(
    lol.. so when they are up??

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    Quote Originally Posted by rbaker View Post
    Bought some of their stock in 2002 when I retired. Paid about $32 a share. Last time I checked a month ago it was worth about $130 a share. Dividends . . . Ehh. Nothing to write home about. A lackluster holding outperformed by many other investments. Stockholders ain't getting rich but we ain't losing money
    Dick.......so the stock went up 4X in 14 years (doubled every 3.5 years or so) and you say that it's a lackluster holding?
    You have holdings that did better than this? Do tell.

    Regards,
    Golfnorth

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    rbaker is apparently the Wall Street Wizard in our midst that we did not know about!

  12. #12
    Master OptiBoarder rbaker's Avatar
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    When rbaker retired in 2002 he placed all of his assets in a Trust which is professionally managed The assets are investment in the stock and bond holdings and real estate and other monkey business. rbaker is not a Wall Street Wizard just someone who knows his limitations and leaves his wealth management to professionals. All rbaker does is enjoy the fruits of his labor.

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