Interesting in that the value of all property, plant and equipment is now valued at 40 million dollars.I am assuming that the cash on hand is still valued at what they have, which is 60 million dollars.What does a bird say - cheap, cheap, cheap.
The hype is long over, the tax selling comes later on in the year. The asphault plant market should be slow the next few years, raw materials too high.E.J. still in charge going to have to carry him out
the stock is flat for the year, actually up $0.17. Tax selling is for stocks that are usually down. Traders who go into this stock, probably are out by now.Usually contracts are bid with cost escalators. The biggest concern I see with the industry is that if fewer miles are being driven, less money is being put into the highway trust fund. That could hurt.