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Raven Industries Inc. Message Board

  • greendog03 greendog03 Aug 19, 2013 9:24 AM Flag

    Looks like Raven has hit a wall

    Looks like dead money until the earnings start improving. selling at a very high pe for slow growth. i would like to see this get a lot cheaper so I could get in. At these nose bleed prices it sure doesn't look like there's too much upside.

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    • Ah nuts. Lost a post I was just about ready to send. In a nutshell: Raven is now an aspiring tech company; not an experienced mfg co.

      Google is showing Raven a new standard of speed and smartness. Might jack up some divisions, but also out of character for the midwest. I liked building on the midwest strengths better than trying to be a California hot shot, but Rykhus probably felt he could not improve enough on the mfg model Moquist had fine tuned. Understandable but dangerous. Why are they building balloons in Sioux Falls instead of investing in the more experienced Sulphur Springs plant?

      And not going to make $1.44 this year but a lot of possibilities next year? Well, I'm becoming a bit concerned over the promises of future wonders while using existing strengths to provide the funds. I have many companies I'm invested in who have been making promises like that for years without achievement.

    • I agree with you at this point, green. I am mostly troubled by Aerostar which includes the former electronics division and also Vista. Seems like the whole aerostar plus electronics has withered and all hopes are on Vista. Or at least, that is what Rykhus talks about most. And I never understood a bunch of engineers working near Washington DC enough to invest in them.

      I did have another order to buy fill at $29 yesterday, but that was on the assumption that results would look much better as comparisons became easier this year and also all the new facilities began to make their mark. Either the investments have not paid off yet, or perhaps were poor choices. Whatever the case, I am inclined to reduce my large exposure to Raven a bit at this point, probably through the sale of calls which I've been doing anyway for the last few years. I was getting fair premiums for $35 and $37.50 calls. I might use lower strikes now..

    • Forward PE of 22 and trailing PE of 20 suggest that RAVN is just about priced right. Any new news or business will send this soaring. No Nosebleed here. Though it may be static for a while.

22.48+0.27(+1.22%)Sep 27 4:00 PMEDT