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Hallwood Group Anonim Şirket Com Message Board

  • joeevani joeevani May 10, 2005 4:50 PM Flag

    HWG decline

    Does anyone have input on the underlying reasons for the 2.40% drop in HWG's PPS today?

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    • My feeling is that the important factor in the ultimate price of HWG is more controlled by the integrity of the company and its officers. I look at the facts regarding the excellent earnings per share and the price/earning figures - can anybody quote another company with these fantastic ratios? - these dips to me are an excellent buying oportunity.

    • Perhaps, the overall market decline and late in the day trading where buy order was filled may be the best reasons. Hardly any other change to my knowledge could be responsible. My guess, jitters in the market and overall weakness. Does anyone know what happens to the price after the one-time cash distribution occurs 5/27? Does the price go down by this amount and how can one confirm this?

      • 1 Reply to internationalist818
      • Industrialist818,

        With the payment of the dividend ($37.70) the
        stock PPS at the market opening on 5-26 will be lowered by that amount. From that point the
        market forces will determine whether the share
        price will fall further or turn and rise.

        The company may decide to pay out additional
        dividends in December of $5-7. The remaining
        businesses of textiles and gas will provide a
        nice forward income stream. These should give
        share value to maintain the PPS.

        Regards,

        Tom

 
HWG
12.34+0.07(+0.57%)May 16 12:42 PMEDT