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Trinity Industries Inc. Message Board

  • challenge_your_limit challenge_your_limit Sep 4, 2013 12:07 PM Flag

    trn tight flag on chart today and volume spike

    this thing is ready to erupt!

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    • I'm averaged in at around $25 a share. With reinvested dividends, I am up a total of 68% since 2007. I basically got in because I wanted to be deeper in the supply chain of railroads, which received a run up when Buffett bought into BNI. Incidentally, I also decided to buy into CNI, along with TRN.

      For a good while, I've managed to buy TRN shares at a cheap PE, anywhere from 8 to 10. Hence, even a fair PE = 12 in contrast is raising my returns. I'd like to think that solid fundamentals might warrant closer to a 15 PE, which really would make this a superior investment.

      I believe TRN will benefit because of the energy situation. One, we need to extract domestic tight oil & gas. Two, transportation in general needs the highest efficiencies, as energy still won't be cheap. More goods need to therefore be moved by rail. I am very optimistic.

      All the best to longs.

    • Plus news came out that the Keystone XL pipeline hit another delay. Continental Resources (big Bakken producer) said so what, we have figured out how to move our oil (meaning by rail).

      Sentiment: Strong Buy

 
TRN
21.44+0.55(+2.63%)Feb 12 4:02 PMEST