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Terex Corp. Message Board

  • gregorymorgovsky gregorymorgovsky Aug 1, 2013 4:14 PM Flag

    China said construction bottomed out so we only going up now

    I dont see why TEX wont be able to raise their estimates for next quarter, even before the scheduled earnings release..like they did when they revised downwards..not evening being a wise guy here..they beat the estimates by 10 cents, and they didnt revise down their 2015 estimates, plus said good things on their 2014 restructuring..it could be a matter of days before this has a 4 dollar day up..the shorts really won the battle so far, but with 7.2 days of covering, this is ripe for a shoot-up.

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    • Who are you trying to convince yourself or other people?

      4 things
      1) they don't do a lot of business in China since China doesn't care about safety so that's not a big deal thatbchina has bottomed

      2) it may be hard to beat next quarter without cheating and making up restructuring charges

      3) how did tex beat? They revised their guidance on june 17. If you change your guidance at the end of quarter you did not beat

      4) terex was at 31 the day they lowered guidance by 22% to
      Today it's at 30 so you've done well

 
TEX
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