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Landec Corp

Landec Corp (LNDC)

8.76
0.00
( 0.00% )
Updated: 19:00:00

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LNDC Discussion

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JefftDecker JefftDecker 6 years ago
LNDC pay ATTENTION

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ValueInvestor15 ValueInvestor15 8 years ago
Landec $LNDC trading at a 20% discount to Fair Value before earnings Tuesday:

Fair Value Source
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investorpaul investorpaul 9 years ago
I see you like using the dpo a lot. Try setting 1,1 heikinashi candles. That should help.
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Belek Belek 9 years ago
all these CEO's, and management always get big salaries, bonuses, stock options and more to make themselves rich and they fail to make the
individual rich, go figure.....they're all FIRED!!!

D Trump has the right idear....
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Timothy Smith Timothy Smith 9 years ago
I think I could agree wth your statements.
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Belek Belek 9 years ago
landec has always been on my list, I can see it will never turn into anything big. Hacketts recommendations have mostly been flops........

good trades
Jeff
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Belek Belek 9 years ago
landec has always been on my list, I can see it will never turn into anything big. Hacketts recommendations have mostly been flops........

good trades
Jeff
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Timothy Smith Timothy Smith 9 years ago
Yes I believe so. Started watching again recently.
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Belek Belek 9 years ago
Landec has been one big fking disappointment..........Gary is retired correct?

they shoulda fired him years ago.........

thanks and good trades
Jeff
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Timothy Smith Timothy Smith 9 years ago
Landec (NASDAQ:LNDC): FQ1 EPS of $0.11 misses by $0.02.

Revenue of $135.36M (+1.3% Y/Y) misses by $6.1M.
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Belek Belek 10 years ago
Make sure you keep a close eye on this one,,,,,,,,,,I always thought Landec would make a nice buyout for someone, and now the CEO is retiring, yu just never know,....26 mln shs OS,,,,,,,,,,jmo

BNNY: Healthy Buyout–Could WWAV Be Next?
September 9, 2014
Food companies have been hot in the merger and acquisition news lately, and that trend continued on Monday as organic food producer Annie’s (BNNY) was bought by General Mills (GIS) for $820 million cash. BNNY investor’s betting on the growing popularity of organic foods were fed a nice 37% premium on each share they owned. BNNY closed at $33.51 and the cash buyout values the company at $46 a share.

Rumors of an Annie’s buyout have been whirling around since the stock fell to a low of 27.86 in early June from its all time high of $52.38 in October 2013. Annie’s shareholders are happy with the offer, and now investors ask what food company will be gobbled up next?

Although there are many potential buyout candidates, our focus is on WhiteWave Foods(WWAV). WWAV, also in the organic food space, produces healthy milk and dairy products with brands including Silk Almond Milk, Horizon Organic Milk, Land’s End Butter, and several more. WhiteWave has been on a strong uptrend ever since being spun off of its parent company, Dean’s Food(DF), in May 2013.

WhiteWave shares opened up 1.3% Tuesday at $37.06 giving the company a market cap of 6.4 billion. Potential buyers include Coca-Cola (KO) , PepsiCo (PEP), or even General Mills (GIS). Given that WhiteWave is rapidly growing revenues and offers an established product line in a popular, expanding market we see them as a prime takeover target.
DISCLAIMER:
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Belek Belek 10 years ago
Landec CEO to Retire at Fiscal Year-end May 2015 and
Remain on Board of Directors
http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=10186888
MENLO PARK, Calif., September 3, 2014 – Landec Corporation (NASDAQ: LNDC) announced today that its Chairman and CEO, Gary T. Steele, plans to retire on May 31, 2015 at the end of Landec’s fiscal year. Mr. Steele has agreed to remain on the Board of Directors as a director, but not as Chairman after his retirement.

Mr. Steele has served as Landec’s President and CEO since September 1991 and was named Chairman of the Board in January 1996. He spearheaded taking the Company public in 1996. Under his 23 years of leadership, Landec revenues have increased from $2.5 million in fiscal 1996 to $477 million in fiscal 2014 and are expected to exceed $500 million in fiscal 2015. The Company has been consistently profitable since 2003 and has recently been named one of the Fortune 100 fastest growing U.S. companies.

Since joining Landec in 1991, Mr. Steele’s focus has been on evolving Landec from a company with strong research and development capabilities and an expansive portfolio of proprietary polymer applications to the commercialization of products incorporating Landec’s technology. In pursuing the goal of growing revenues and profits by successfully developing and commercializing its own products in two core businesses, Landec acquired Apio, Inc. in 1999 and Lifecore Biomedical, Inc. in 2010. In addition, under Mr. Steele’s leadership, Landec has acquired a 27% ownership in Windset Farms, which the Company believes is the most advanced and highest yielding hydroponic greenhouse vegetable producer in North America.

By utilizing and advancing Landec’s proprietary BreatheWay® packaging technology which extends the shelf life of specific vegetables 17 to 20 days, Apio has become the leader in fresh-cut specialty packaged vegetables sold in North America, with revenues that have grown in the last ten years from $168 million in fiscal 2004 to $431 million in fiscal 2014. Lifecore is a premium supplier of hyaluronan-based materials and other specialty injectable medical products to ophthalmic, orthopedic and veterinary markets worldwide and also provides specialized aseptic fill and finish services. Since the acquisition, Lifecore revenues have more than doubled over the last 5 years from $20 million in fiscal 2009 to $46 million in fiscal 2014. From its investment in Windset, Landec has recognized nearly a 200% return on its original $15 million investment through the combination of annual cash dividends and its share of the increase in the fair market value of Windset.

β€œOver these past 23 years, I have been fortunate to work with and add to a talented and focused management team,” commented Mr. Steele. β€œIn addition, the Company has attracted and assembled a strong Board of Directors with broad and deep business experience plus industry specific experience directly applicable to Landec’s two core businesses. A key reason for joining Landec in 1991 was to leverage my prior experience in start-up and early stage growth companies to evolve Landec from research and development to commercial success. Now that Landec is poised to exceed $500 million in revenues, it is time for new energy and new leadership to propel the Company from $500 million in annual sales to the $1 billion level, profitably. I have thoroughly enjoyed each phase of our growth and expansion. Landec has great momentum, a seasoned management team and significant future growth prospects. I believe next May is the right time for this leadership transition and I am pleased to remain involved and be able to contribute to the future success of Landec as a member of the Board of Directors after I retire.”





Stephen Halprin, the Board’s lead independent director and a member of the Board of Directors since 1988, said, β€œOn behalf of the entire Board of Directors, I want to thank Gary for his excellent leadership and management while stewarding Landec’s growth over these many years, and driving significant gains in shareholder value. The Board is confident that Landec is well-positioned for its next phase of growth as outlined in the latest 5-year strategic plan and we believe Gary’s on-going participation on the Board will ensure a smooth transition and provide invaluable insight to the next CEO.

β€œBoard member Dean Hollis, former President and COO of Con Agra Consumer Foods and International Division, is chair of the Company’s search committee which includes three other independent directors. The search committee has engaged JM Search, of Philadelphia, PA to begin the search process for Mr. Steele’s successor and the process will consider both external and internal candidates. We believe this process will go well and the transition will be smooth. The Company’s direction and focus is clear and the opportunities for continued growth substantial,” concluded Halprin.

About Landec Corporation
Landec Corporation is a company that leverages its proprietary polymer technologies, application development and innovation capabilities to develop and commercialize new products in food and biomaterials markets. Landec’s subsidiary, Apio, has become the leader in US fresh-cut specialty packaged vegetables sold in North America based on combining Landec’s proprietary food packaging technology and the strength of two major national brands, Eat Smart® and GreenLine®, with the capabilities of large scale processing and national distribution. Lifecore Biomedical, a subsidiary of Landec, is a premium supplier of hyaluronan-based materials and medical products to ophthalmic, orthopedic and veterinary markets worldwide. In addition, Lifecore Biomedical provides specialized aseptic fill and finish services in a cGMP validated manufacturing facility for supplying commercial, clinical and pre-clinical products. For more information about the Company, visit Landec’s website at www.landec.com.

Important Cautions Regarding Forward Looking Statements
Except for the historical information contained herein, the matters discussed in this news release are forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ materially, including such factors among others, as the timing and expenses associated with operations, the ability to achieve acceptance of the Company's new products in the market place, weather conditions that can affect the supply and price of produce, the amount and timing of research and development funding and license fees from the Company's collaborative partners, the timing of regulatory approvals, the mix between domestic and international sales, and the risk factors listed in the Company’s Form 10-K for the fiscal year ended May 25, 2014 (See item 1A: Risk Factors) which may be updated in Part II, Item 1A Risk Factors in the Company’s Quarterly Reports on Form 10-Q. As a result of these and other factors, the Company expects to continue to experience significant fluctuations in quarterly operating results and there can be no assurance that the Company will remain consistently profitable. The Company undertakes no obligation to update or revise any forward-looking statements whether as a result of new developments or otherwise.
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Belek Belek 10 years ago
SEC filing for Landec if you feel like perusing through it, lots of good stuff..

Landec will be a huge company one day f they don't get bought out, study hard........and good luck
http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=10184085
Jeff
,,,,,$$$$$
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Belek Belek 10 years ago
Landec is one of my preferred Long Term Holds, I gave the wrong symbol

in last post, RIBT is coming on board for a hold,....Landec has a lot to offer
if you peruse through their website,,,,more later stay tuned in,,,,,,,,Jeff

http://investorshub.advfn.com/RiceBran-Technologies-RIBT-6636/
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aeroman765 aeroman765 10 years ago
In all honesty Jeff I do have fun chatting with you and you do have some good picks. You know what you're talking about (most of the time ) I'll give you that - good luck buddy and have a safe holiday as well.
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Belek Belek 10 years ago
Been with this stock since 8/13/2010,,, it was originally recommended

By Hackett Financial, who just recently recommended RBIT on 8/26, go look at the chart, up 28% in 3 days,,,,,anyway, I had accumulated over 20k
shares of Landec from 2010 to 2012,,,,,then eventually sold going up da ladder, and been buying in and out since then, but trying to build another position, probably only 7500 shs now, for the run to $20+, if you look close enough, you can see an inverted Head & shoulders, these are reliable patterns, and my guess this is running up hard and I want to be in for the final home run. it's a Beautiful thing, have a safe holiday....Jeff
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aeroman765 aeroman765 10 years ago
Woah there easy jeffster deckster. Easyyyyy
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Belek Belek 10 years ago
looks to me like a small Bull Flag forming here, I wouldn't doubt that

this wants to make a run up to the $20/share mark,,,,,I'd be a buyer here
best
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richardred richardred 10 years ago
I agree. Nice volume of late.

The company should buy all of Windset Farms if it gets the opportunity.
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Belek Belek 10 years ago
I think I'll ride this out a little more, nothing to worry about yet...

good luck
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aeroman765 aeroman765 10 years ago
CCI is overbought. Correction is imminent.
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aeroman765 aeroman765 10 years ago
Careful here.... No
Kudos zone here Jeffster
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Belek Belek 10 years ago
Looks like we are on our way up to $20 finally...........

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Belek Belek 10 years ago
Landec Increases Investment in Windset

http://finance.yahoo.com/news/landec-increases-investment-windset-130000231.html
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Belek Belek 10 years ago
Hold Landec Corp for long term target of at least $22,,,,,


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Belek Belek 10 years ago
Inverted H&S breakout confirmed see ya up the ladder plenty time to add
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Belek Belek 10 years ago
Landec charging up to rise, tsrgeting at least $14-$15 for now

then $20s
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Belek Belek 10 years ago
8k

(ii) On June 19, 2014, the Board approved an increase to Gary Steele's salary to $500,000 and an increase to Molly Hemmeter's salary to $345,000, effective May 26, 2014.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10062692
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Belek Belek 10 years ago
WOW, a huge inverted head & shoulder pattern, breaking out, my guess

this time around, Landec could finally reach a target of $16 to $20 range

by year end.........no worry here, buy all you can
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Belek Belek 10 years ago
buying back in when price inside bollinger bands

that was a lot of volume for no news, something up?

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Belek Belek 10 years ago
LANDEC could go as high as $15 by fall jmo

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Belek Belek 11 years ago
Landec knocked down here quite a bit,

lots of SC 13G filings, I might start adding a few here
just in case something comes up, you never know, it still
could get knocked down to $9, who knows, this stock one
http://www.otcmarkets.com/stock/LNDC/filings
HUGE DISAPPOINTMENT
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richardred richardred 12 years ago
LNDC 52 week high, now at 14 now. The market shook off the sell off in after hours after they heard the CC. The freeze caused some problems with green beans witch might spill into next quartet. However some new products are being introduced (Apio) that are above expectations.

Windset is a Gem! To bad they only own 20%. Just wait till this story get out. Doubling capacity of the greenhouses.
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Fossil-Fuel Fossil-Fuel 12 years ago
Hey Richard, nice day today huh :)

All before earnings which I'm sure they'll smash again too. They beat .17 / share in Q3 2012 before the acquisition of Apio and GreenLine.

Q3 earnings are expected to be announced after market hours on March 26, 2013
2013Estimates: 0.180 | 0.173 | 0.170 (High | Mean | Low
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richardred richardred 12 years ago
Lucky 13 today. Upgrade, 17.50 target and new 52 week high.
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Fossil-Fuel Fossil-Fuel 12 years ago
LNDC - Will huge short position lead to a possible squeeze? Chart is setting up nicely too!

Settlement Date Short Interest Avg Daily Share Volume Days To Cover 2/15/2013 933,119 132,813 7.025811 1/31/2013 865,212 192,327 4.498651 1/15/2013 759,893 334,351 2.272740

Read more: http://www.nasdaq.com/symbol/lndc/short-interest#ixzz2MarQRP00

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richardred richardred 12 years ago
Thanks. Good luck to you also. Locked up profits earlier this year on my majority of shares.
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Fossil-Fuel Fossil-Fuel 12 years ago
Hey Richard! Yep been adding down here. Institution and insiders locking up the float.

Best of trades!~

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richardred richardred 12 years ago
Still got 5K left. Let majority go above 12. :+ ) Somebody manipulated the hell out of it this past week.
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richardred richardred 12 years ago
IT'S ALIVE!!!!!!!!!!!!!!
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Fossil-Fuel Fossil-Fuel 12 years ago
Yep, caught the shots off guard. Perfect time with the overall market sentiment turning bullish on fiscal news :)

Nice start to the new year! ~ LNDC

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brig brig 12 years ago
Beat revenues by .18, this thing should rock tomorrow
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brig brig 12 years ago
Landec Corp. (LNDC) said it now expects fiscal 2013 revenue of $422.3 million to $438.2 million. The company's previous guidance was revenue of approximately $412.8 million and the current consensus estimate is revenue of $424.2 million for the year ending May 31, 2013.
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Fossil-Fuel Fossil-Fuel 12 years ago
LNDC

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THESTCOKHUNTER THESTCOKHUNTER 12 years ago
yeah some nice comebacks, hope it lasts a little while so I can unload some stuff before end of year.

AAPL was up about $25 pre market around 7 am, but in reality we cant trade until 8am, by then its a little too late, I managed to get a few orders filled around 8 am and was out around 10:30 with few profits.

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Fossil-Fuel Fossil-Fuel 12 years ago
Wow nice up trend on that one! LNDC giving a little back today, nice to see. AAPL, geez those Dec calls would of been amazing!
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THESTCOKHUNTER THESTCOKHUNTER 12 years ago
amazing what investors pay for a stock, MDSO revenue only 206mln

metrics so so, I'm willing to bet LNDC hits over $20 to $25 in 2013...

thats a gamble I'm going to take and bet the Farm on LNDC

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Fossil-Fuel Fossil-Fuel 12 years ago
Wow that's crazy. A move like that for LNDC would be nice :)

LNKD bubble should pop soon Might not be bad to keep on radar for put / shorts. P/E (Trailing 12 mo.)654.38x

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THESTCOKHUNTER THESTCOKHUNTER 12 years ago
GEOS does only 187 mln is sales i passsed it up because i thought it was too pricey, geezus, and LNDC only $9 stock go figure

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THESTCOKHUNTER THESTCOKHUNTER 12 years ago
looking across, the support level is $9 ish.....................

Zack's has a strong buy on it, a lot of Zack's reco's really go.....

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