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American Railcar Industries, Inc. Message Board

adowns284 3 posts  |  Last Activity: Sep 11, 2015 11:25 AM Member since: Jul 17, 2009
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  • Yahoo news headline for Ardmore Shipping: "Why China Slowdown May Impact Oil Product Exports" and refers to Bloomberg for the interview with the ASC CEO. On Bloomberg the interview doesn't play. I found it on the NASDAQ site.

    In the interview the first thing Gurnee says is that actually China doesn't play a big role in our particular business. China imports crude and refines it themselves. But a slowdown in China may result in them exporting more of their refined products. The rest of the interview is more good news items for ASC.

    Nevertheless ASC down 2.66% as I type this., presumably off the misleading headline.

  • Reply to

    New Divy

    by ttullio3 Sep 8, 2015 8:31 AM
    adowns284 adowns284 Sep 8, 2015 8:52 AM Flag

    If 30¢ is 60% of the quarterly earnings, then management implies they will earn 50¢ per share during the 3rd quarter. Current analyst estimate is only 36¢ per share.

  • adowns284 by adowns284 Sep 4, 2015 10:07 AM Flag

    Most tanker stocks down about 1%. TNK up about 5%. Any news? Maybe a dividend increase?

56.58+1.61(+2.93%)Nov 24 4:00 PMEST