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Oil-Dri Corp. of America Message Board

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  • greendog03 greendog03 Aug 19, 2008 9:01 AM Flag

    i wonder with oil prices slipping a little bit

    hey discount

    I just realize that natural gas prices are basically the same price as last year. These guys should be showing some savings here which should trickle down to the bottom line. also, this stock would seem to be the perfect play in this environment. in fact, the stock should be selling in the high 20's based on the lower commodity prices, the slow economy, dividend yield, and the sales momentum that showed in the prior quarter. In addition, they supposedly have some new product coming out as well. now, with all this said, they will find a way to disappoint, and have some excuse why the quarter wasn't better, whether it's high commodities, a kink in the production line, a hedge that didn't work, a customer cancellation, or some new excuse, just when you think that the stars are lining up right - they just kill you with something, it would be nice, if for once they said "we had a recording breaking quarter, and earnings were based on all the execution that we've been doing over the past years and it's nice that finally its showing up on the bottom line, and we see these results continuing into the future". I'm not going to be fooled by the raise in the div, been fooled by other companies who have raised the dividend, only to be disappointed

38.97+0.50(+1.30%)Sep 23 4:02 PMEDT