Pool Corp (NASDAQ:POOL)

CAPS Rating: 2 out of 5

The Company is a wholesale distributor of swimming pool supplies, equipment and related leisure products.

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Player Avatar Dealer592 (< 20) Submitted: 8/7/2011 9:47:13 AM : Underperform Start Price: $23.64 POOL Score: -41.58

New swimmging pool starts depend on lower middle class moving to upper middle to afford pools. Maintenace only really requires chlorine, a loss leader even at groceries stores. New Pools require equity and refiancing. Old pool finishes require redo in 5-7 years , new quartz finish last up to 15 years. High Margin electronic controls are strickly optional.Look at their debt to equity after 40 years. No more mom & pops to take over. Trouble with laws and operations in Foregin Countires see their ftc reports. Looming FTC investagation per their FTC reports, Slow growth, who is moving up in satutus to get a new pool. Hard even to invest in energy saving pumps. Looks like pure fiction to me.

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Member Avatar Dealer592 (< 20) Submitted: 8/9/2011 6:54:23 PM
Recs: 0

See the latest on their web site, they show a puerto rico branch, you thing the us is in trouble , Puerto Rico bond rating is worst than California. PR General Bonds are rated at Baa1 with a negative outlook by Moody's. Good luck in that market.

Member Avatar Dealer592 (< 20) Submitted: 8/9/2011 6:59:42 PM
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PUERTO RICO HAS AN EFFECTIVE RATE OF TAX ON PROFITS AT 67%, AVG TIME TO GET A PERMIT IS 209 DAYS, GOOD LUCK HERE THROW IN THE LABOR LAWS AND YOU MIGHT AS WELL JUST THROW IN THE TOWEL;, SEARCH PUERTO RICO RANK DOING BUSINESS, READ EACH LINE.

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