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Terex Corporation Message Board

  • chumpbuttsmeller chumpbuttsmeller Nov 5, 2012 9:53 AM Flag


    They #$%$ their pants......if TEX would be down 10-15% if they announced a bad qtr like MTW did this morning, what a joke......TEX should be in the 30's, only a matter of patient, wall street will wakeup....

    Sentiment: Strong Buy

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    • lol ive been saying for years that MTW is horrible the stock makes no sense sort of like Dominos or a lot of other stocks where people go ya the value is $14 but its a made up number.

      MTW has negative tangible equity of -1.5 billion so the earnings power of the company has to greatly outmake that. TEX has tangible equity of 400 M.

      MTW has a current ratio of 1/1 TEX is 2 to 1. So TEX would have a lower discount rate.

      TEX is growing much better

      TEX has much greater earnings power

      Despite all this we only see a 700 M difference in the valuation of the 2 companies. It used to be even closer when I complained.

      The -1.5 billion of equity alone gives the company at least a -700 M value. TEX 400 M of tangible equity is probably worth about 200 M a positive value. So people after that would rather buy MTW's crappier financial position and crappier earnings power over TEX

23.40-0.42(-1.76%)May 3 4:02 PMEDT