Cavco Industries, Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • grinderepos grinderepos • Nov 11, 2010 4:23 PM Flag

    expensive vs. peers

    agreed. probably worth $20 imo. See phhm and cohm going under. just about every mfg home out of business or consolidated.

    Sort:  Newest  |  Oldest  |  Most Replied Expand all replies
    • twoedgedsword twoedgedsword • Dec 16, 2010 2:25 PM Flag

      I'm with you guys. How is this stock so high?

      I do recognize the very low number of outstanding shares. And while that is of HUGE value here, the price is a bit steep.

      I own Deer Valley (DVLY) and it also has a low number of OS, decent revenue... and they were profitable in both of the last two quaters - which I believe is unprecedented in this space.

      The share price? 50 CENTS per share.

      So if Nobility or Cavco are supporting share prices like I see today, I am very confident in DVLY by comparison.

      • 1 Reply to twoedgedsword
      • xo22yrs xo22yrs • Dec 27, 2010 10:27 AM Flag

        If anyone can explain the price on this dog, please do. With hundreds of thousands of foreclosed single family homes and lots crammed packed with mobile homes that won't sell, how is this company going to make any money in the short to intermediate term?

        I believe that existing holders are supporting the short term price to window dress their year-end 2010 #'s and that it will fall hard, again, after year end.

        In either case, it is in a business that is lousy now and well into the future.

 
CVCO
48.39-0.61(-1.24%)May 24 4:00 PMEDT