Sun, Dec 28, 2014, 4:36 AM EST - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

Arch Coal Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • rexobXIP rexobXIP Sep 18, 2009 8:03 PM Flag


    In 2006 ACI was a growth story.

    Today coal is not a growth story as less is being used for coking and electricity.

    2006 was a boom year for the construction industry -- that means lots of steel, therefore lots of coal.

    Going forward, I am not sure that we are going to see that kind of momentum any time soon. Most analysts have a price target around $20 on this stock, so either Arch overshot or...

    Also probably the 2006 price was probably based on projected 2007 earnings and growth was baked in -- I think 2010 is projected as a tough year for coal.

    Toss in cap and trade and this stock looks like it may be rangebound for a long time.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • 5 stars for you, my friend, yet I don't agree with you completely.

      I am no Nostradamus, but I don't believe the second half of 2010 will be at all difficult for energy companies. China's economic recovery seems to be well underway, and they will be buying a LOT of American coal, if I am reading the tea leaves correctly, Cap'n Trade is, IMO, likely to go down in flames (much like the healthcare fiasco), and Archie has a great balance sheet and (also IMO) competent management.

      Off topic, but just today I learned that ACI used to be a division (affiliate?) of Ashland, Inc. My dad spent his entire career with Ashland, I worked a couple summers with them, and here I've been a stockholder in a company that I, until today, didn't even know was once a part of that company, LOL.

1.83+0.05(+2.81%)Dec 26 4:00 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Safeway Inc.
NYSEFri, Dec 26, 2014 4:02 PM EST
Virgin America Inc.
NASDAQFri, Dec 26, 2014 4:00 PM EST