If TRN is going to continue to earn about $1.00/sh per quarter from this deal going forward, and they may, then that easily puts us at annual EPS of $9.00. That's mind-boggling, and the PPS would have to get up around $90 or $100. The last time the PPS reached those levels there was a split.
Early this year when we were trading at around $44 I sold a bunch of $40 puts short. I didn't expect to ever see us go back below $40. Then it did, and I got assigned the shares. This put me in kind of over my head... really "overweighted". Half out of *spite* and half really believing it was a tremendous investment I kept them. Still got 'em. Woo hoo.
Sentiment: Strong Buy
Oh, and up $1.46/sh after hours, though just 100 shares at that price.
"-- Trinity expects the first $100 million sale of existing leased railcars to close on or before December 31, 2013. The Company expects the sale will add $0.11 to $0.13 per share to fourth quarter 2013 earnings. The profit from this sale was not included in the most recent earnings guidance provided on the Company's third quarter conference call. "
"-- Trinity has not provided earnings guid ance for FY 2014. However, Trinity expects to generate $0.90 to $1.10 per share on the sale of the $400 million portfolio of existing leased railcar assets expected to close during the first quarter of 2014. "
Another... ANOTHER... ~$1.00/sh added to Q1 earnings! Wow!
Links are not permitted, but I will try to assist. Search Bank of America and Silicon Motion, and look for the benzinga, analyst-ratings URL
"Good"? How about "spectacular" or "EPIC". Think 10-year backlog. The regulatory authorities aren't going to expect the manufacturers to build these things out of the kindnes of their hearts.
There is no "stock recommendations" button. Click "Stock Summary" and then "Analyst Reports". The report is there, and the info given (in the other thread) is correct. It was published November 9.
I hope not. If there's a buyout now it probably wouldn't be for a PPS any higher than where the PPS already has the potential to be in 3-6 months anyway.
Strong Buy? Really? At $50 per?
I know this much: I owned several other companies that rose in the market in the last couple years, and I sold when their P/E's approached 20, thinking they were getting ahead of themselves. Naturally, they have each risen about another 50%, leaving me disgusted with myself. I vow not to make the same mistake here, especially considering that we're still at a P/E of less than 10 for what we're likely to make in 2014.
I'll sell if/when the P/E gets ridiculous, not before. Triple digits. Happy happy happy.
"the ones that continue to provide their distributions... seem less risky to me." Are things always as they SEEM? Don't confuse past performance with future expectations. My advice is for you to continue due diligence about how RSO works and what market risks/events can do to the company.
"if RSO cuts their dist, their share price drops, and I buy more." I once owned (a little) WorldCom and Enron. True. That strategy could someday bite you very very hard.
"I currently have 14 of these" ...but you're diversified? Do you have 244 others in other sectors or something? I believe it makes no sense to own more than 10 equities. Total. You can't stay abreast of them otherwise.