I have been lucky recently with my holdings in DXPE and TGE. I was looking for a good place to park some profits. Why is this stock so undervalued?
I've looked at the financials and this should be a screaming buy with the low P/S and improving margins.
Anyone that can give me some info to help with my DD?
Re: <<I don't have to do much DD to see on this site that the trailing PE is 14 and the future PE is posted as 16.>>
You poor little twit! Today's results greatly exceeded "expectations" even without the 11th crew racking up revenue yet. The stock is up 2.32 in A/H. Admittedly its on only 700 shares and it might fall back tomorrow. But the key thing is that this stock is really underfollowed. Now if Raymond James can get any institutional interest going, DWSN could really fly and it could hit my target of $30 before end of the summer.
As for those future P/E's, forget about it. Based on today's report they should hit $1.60 for the current fiscal year and at least $2 for next.
I hope you are short!
Probably nothing, except that its underfollowed. Only 1 or 2 analysts according to Yahoo. In my opinion, this is a rare opportunity to load up before the earnings announcement.
If you like seismic, take a look at SELA.OB. Up 4% today on higher than normal volume, making a 3-month high. One of the few stocks to come out of bankruptcy with value for the common holders. High debt but strong cash flow. Last couple of quarters were slightly disappointing, but demand for their product has to be strong in this oil/gas price environment, so I think this quarter will be good. $2 is my initial target.
Thanks for the replies. I guess it needs to take a breather after a run up like that. This stock seems to be very undervalued. I am going to have to break open the piggy bank and take a position here.
Earnings is in August? Or does anyone have a good guess as to when?