If Orn can fix its Tampa issues and if they can sustain recent momentum and get margins in to the high single digits we will see ORN as a $20 stock. I should be the objectives as they are quite doable and ordinary. Selling at 0.6 X Book Value with modest debt levels ORN is priced for a correction. With the TAS purchase, management replacement in Tampa, and a poor stock price there is plenty of motivation for a total turnaround by all levels of employees and plenty of pressure from shareholders.
The demand or services is out there. ORN has become one o my larger holdings for no other reason than it is poised for a major turnaround given its very cheap metrics. Management has engaged it would seem and results should follow --- and we should see a significant rise in the stock price with the first good upside earnings surprise.
ULTIMATE STOCK ALERTS is the real deal! (google em). They only alert small cap nas and nyse stocks and many of them have doubled for me!
ULTIMATE STOCK ALERTS (search them in google) is literally awesome. If you like small cap momentum plays then you need to sign up with them today.
Forget the rest of these clowns on yahoo. If you want to make real money trading real Nasdaq
and nyse stocks you need to open a new tab, go to google and type in UltimateStockAlerts. They
have been alerting some of the biggest momentum plays thus far this year.
yes mull..., We shall see if managements worth their salt in righting this ship. I made a rather substantial bet they will after making a judgement on the CEO's work ethic & honesty after some research. The lowest pps target is $ 5 by analyist who had a 18 target 1 year ago. He feels the most burned after his big up callcall and thus $ 5. Another is $7 and another stayed around $ 11.
I agree with the business prospects you identify. ORN needs to show its gotten its house in order in Tampa and elsewhere getting profitability back in line. Its had many headwinds to deal with but it also has a plan to get back on track. Targeted margins, sale of under utilized assets, and new leadership in Tampa. I am hoping they used the last quarter to throw in everything negative since it was already a wipeout so that upside was almost a certainty for the next quarter and establish some confidence I the new regime in Tampa. Will see soon enough
passed by congress injects $$$$ into bid letting that was in question just 6 weeks ago for the 2016 corp. of engineer work. This backdrop, + new spending for infrastructure that Hillary wants to spend ,(am not saying she will win), bodes well for the next 3 years for ORN's T.A.S commercial concrete acquisition & dredging and Harbor work. Upgrades in Harbor Safety upgrades will be mandatory to combat the threat of terrorism by shipping container bombs in the near future is a distinct possibility. I really like this companies position to increase revenues and profits for several years out and definitely see a 4 to 5 bagger here.
Ive been following “UltimateStockAlerts” (google them) for a few months ago and I have yet to
actually see a loser. These guys only alert Nasdaq and nyse stocks and they have been killing it.
Go signup now. They have alerted stocks that have doubled in a day.
you are right on all counts. ORN is way too cheap. BUt it is in an out of favor sector --- but its simply too cheap at this price. THe diversification that came with the TAS buy has helped already. It is the healthier division at the moment and it mitigates the tough time in Marine. So, its working. When the 2 work together as they will in time --- things will be MUCH better
ORN is priced as if they'll never get another order and they'll never earn another dime! Just the fact that they're producing their own concrete now should give them a leg up on the competition.