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U.S. Concrete, Inc. Message Board

daninfw04 191 posts  |  Last Activity: 1 hour 48 minutes ago Member since: Mar 23, 2004
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  • Reply to

    That Was Quick

    by daninfw04 May 23, 2014 4:05 PM
    daninfw04 daninfw04 Jun 18, 2014 8:32 AM Flag

    I've made well over $600,000 on PBY since 1995. Don't think I missed too much. Never lost money on it. Will be $10 again. PBY still having sales decreases, low margins, poorest leadership in the sector. Been a buyout rumor since early 90's.

    Sentiment: Strong Sell

  • daninfw04 by daninfw04 Jun 19, 2014 4:01 PM Flag

    Either USCR is very serious about buying back stock or someone else is buying as much as they can. At 12:40:01 a 349,700 share block of USCR crossed at $24.25........DaninFW

    Sentiment: Strong Buy

  • daninfw04 by daninfw04 Jun 20, 2014 9:12 AM Flag

    "The rapid rise in oil prices bodes ill for this entire sector. Rising gasoline prices makes drivers cut back on driving which cuts back on repairs, oil changes, etc. Oil is also the main ingredient in the manufacture of tires. Rising oil prices will negatively hit tire margins which PBY's is already struggling with. The margin improvement promised in last conference call will not happen. Here's a cut and paste. Anyone can goggle "rising oil prices and tire margins"..........when the smart money figures this out, PBY is going to drop:
    "he demand of oil and the difficulties in oil refineries is the major cause for the increased oil price. Oil is used mainly for two purposes: Firstly, to make the gasoline and secondly in tire production. The gasoline prices in the US have increased dramatically during the last few years reaching averages over $ 3.00 per gallon (EIA-Energy Information Administration). Oil is the major ingredient in the production of tires. Increased in oil prices means increase in the cost to make the tires, increase in the cost to heat or cool the plant where tires are made and lastly increase in the cost to ship the tires. The tire makers are increasing the price of the tires because of the increase in the price of the oil. Both gasoline and tire production affects the auto industry as the increase in the price in gasoline and tire production affects their profit margin." DaninFW

    Sentiment: Strong Sell

  • daninfw04 by daninfw04 Jun 21, 2014 4:45 PM Flag

    There was no news on it but I was just checking SEC filings and on 6-19-14, USCR filed to swap existing $200 million face 2018 8.5% bonds for new ones of the same everything. Made no sense except they must have less conditions or something. It cost USCR over $25,000 filing fee so I hope they got something for it. It may be that they did it so they could trade publicly now as they are all in private hands. Could be something is up however. You never do anything unless there is a reason. Unusually high volume last few days. DaninFW

    Sentiment: Strong Buy

  • Reply to

    International Interest in US ready mix companies!

    by zip05751 Jun 23, 2014 4:11 PM
    daninfw04 daninfw04 Jun 23, 2014 5:56 PM Flag

    My money is on an offer from Martin Marietta once they close on the TXI deal. USCR operates in California and Texas where TXI is also very big and would give them a presence in other areas like Washington, D.C. and New Jersey........all big areas right now. USCR would be a perfect fill-in and could maximize with synergies and elimination of overlap. I expect an offer of $36-40 in next 3-6 months. If not, this will be a $40-$50 stock in 18-24 months IMVHO. Look at the valuation metrics for TXI and USCR. Almost every metric says if they were buying USCR for same metrics it would be a $100 stock. I just can't come to believe that but it is possible we could see $50 if next 2 quarters are as strong as I suspect. IT is almost impossible to get new permits for new cement plants with EPA approvals. now. DaninFW

    Sentiment: Strong Buy

  • daninfw04 by daninfw04 Jun 23, 2014 6:17 PM Flag

    One of the things that does bother me is the exorbitant executive pay for USCR execs. The CEO makes MORE THAN DOUBLE the CEO of TXI which does 50% more revenue and he sold the company for over $90+ a share. He's doing a great job. All the top VP's at TXI also make hundreds of thousands less than their counterparts at USCR that have 50% less responsibility. USCR gets out of bankruptcy and the BOD's goes crazy and overpays the execs. You would think they would learn something about expense management. They are paying the CEO of USCR $1,444,000 a year while the CEO of TXI gets $663,000. Just the top 3 or 4 execs are getting well over a million dollars a year more than counterparts at TXI. They should be getting LESS. Could easily be $1.5 to $2.0 MILLION to the bottom line after taxes, benefits, insurance, etc. That's 10-15 cents EPS.............DaninFW

    Sentiment: Strong Buy

  • My postings may seem negative. I have stated many reasons why USCR should be much higher.....all things due to economy growth and cement prices rising constantly. USCR is benefitting whether they have top management or a bunch of high school dropouts running the company. The exec pay for performance is out of control. Another key metric is average productivity per employee. If you take the headcount at EOY for USCR which was 1,786 FT employees and TXI which was 2,040 employees........and divide most recent quarter sales multiplied by 4 to get an annual current sales trend number........$146,257,000 for USCR and $207,828,000 for TXI (quarterly numbers) get productivity of $32,756 per employee for USCR and $40,751 per employee for TXI.
    That tells me that USCR is overstaffed by around 20% all things being equal. This along with exec pay is exactly why someone will buy USCR.......and they will carve the fat. Looks to me like at least 300-350 extra employees. Poor management.

    Sentiment: Strong Buy

  • daninfw04 by daninfw04 Jun 23, 2014 6:31 PM Flag

    I am really confused. USCR is constantly talking about adding new trucks which are very expensive. There is a giant parking lot off of Sylvania Street in Fort Worth where about 30+/- USCR Redi-Mix cement trucks are parked 24/7........they are always there. Why buy new trucks? If these are old trucks why isn't management selling them? I will add they look like pretty new trucks to me. Another indication of poor management getting overpaid. Somebody needs to buy them out quick. I go by there constantly as it's near one of my favorite restaurants. It's been that way for at least 2 years. Somebody ain't too smart. Or, is USCR just wasting money to try and keep stock price down? Something doesn't fit. DaninFW

    Sentiment: Strong Buy

  • daninfw04 by daninfw04 Jun 23, 2014 11:42 PM Flag

    USCR announced they bought another 350,000 at $24.25 from Whippoorwill. That's 550,000 shares retired in quick fashion.......almost 5% of total shares. Wonder why #1 holder is dumping? USCR is now nicely ahead of 50 day and 200 day average. But, once again it appears that BOD's and management is in cahoots. This buyback was approved apparently for the benefit of the largest holder as nobody else is benefitting. Appears they are using USCR as their personal ATM machine. If the company does continue to retire shares this quick and get the $50 million approved buyback done quickly to the tune of +/- 2 million shares it will make the remaining shares worth even more. Just the current 4%+/- buyback will increase EPS 4%.......I also view the aggressive buybacks as indicative the current quarterly results are very strong as well as cash flow to enable this. DaninFW

    Sentiment: Strong Buy

  • daninfw04 by daninfw04 Jun 23, 2014 11:56 PM Flag

    Here's a great technical analyst of USCR:

    Type: Number of times a stock has stopped at a resistance/support area, the more times the stronger the area.
    Strength: Amount of volume occurring at resistance/support areas, the higher the more significant the area.

    CURRENT PRICE 25.32, at resistance, 25.53 ± 0.38, type Double, strength 8
    RESISTANCE ABOVE +9.5% at 27.73 ± 0.42, type Single, strength 8

    SUPPORT BELOW -3.7% at 24.38 ± 0.37, type Triple, strength 10
    -6.1% at 23.78 ± 0.36, type Triple+, strength 10
    -9.3% at 22.96 ± 0.34, type Single, strength 1
    -11.3% at 22.46 ± 0.34, type Double, strength 9
    -13.3% at 21.96 ± 0.33, type Triple+, strength 10
    -16.4% at 21.18 ± 0.32, type Single, strength 1

    If we can break out above current resistance of top at $25.91 there is zero resistance till we get to $27.31.
    Might be time for a nice pop. DaninFW

    Sentiment: Strong Buy

  • Reply to

    Hi Dan

    by wow1smallworld Jun 24, 2014 7:22 AM
    daninfw04 daninfw04 Jun 24, 2014 8:16 AM Flag

    Read back on all recent posts for USCR. I like the warrants for leverage more than the stock itself. I think there's 50% potential in 12-18 months for USCR but many times that for the warrants. As for broadcast stocks, the Supreme Court rules on Aereo either tomorrow, Thursday or Monday 6-30-14. When decision is made, NXST, SBGI, GTN, MEG, EVC and others in sector will bounce 15-20% or drop 15-20% within days IMVHO. I wondered if you walked off the face of the earth. Good to see you alive and well. DaninFW

  • daninfw04 by daninfw04 Jun 24, 2014 10:11 AM Flag

    New Home Sales this morning surged 18.6% which is the highest in over six years since May 2008. Home construction in USCR markets are highest in the country. Bodes well for USCR stock. DaninFW

    Sentiment: Strong Buy

  • Reply to

    Tire Margins

    by daninfw04 Jun 20, 2014 9:12 AM
    daninfw04 daninfw04 Jun 24, 2014 1:47 PM Flag

    That's what I have said many times. DaninFW

  • daninfw04 by daninfw04 Jun 25, 2014 9:10 AM Flag

    We have seen USCR stock price fluctuate about $1.00+/- on both sides of the $24.25 where the company bought 200,000 and then 350,000 shares from Whippoorwill for $24.25 per share both times. I don't know if they plan to buy more at $24.25 but it sure appears they are trying to keep the stock price in that range. The warrants rise and fall in that $2 range. A handful of us with low trading volume of the warrants can dramatically effect the price. Let's not chase them. I think a good buy on the USCXW's below $3.85. One day they will pop.
    Yesterday, we had two insider sales reported from a few days ago in USCR as well. One VP sold 9,261 shares for around $24.65 that he exercised options for $12 and $15.......and one director sold 350 shares for about the same in an automatic trading plan he set up in March 2014. Interesting that Whippoorwill and two insiders think it time to sell while company thinks it's time to buy..........DaninFW

    Sentiment: Strong Buy

  • daninfw04 by daninfw04 Jun 25, 2014 10:13 AM Flag

    What can I say.......DaninFW

    Sentiment: Strong Buy

  • daninfw04 by daninfw04 Jun 25, 2014 2:36 PM Flag

    As I have said for months and argued with one idiot.......the Aereo decision was not baked in to current stock price. We started going up a day or so ago as there was a wave of articles predicting a win for broadcasters. Today, we did as I said and went up 10-15% for most stocks in the sector......except EVC. They are still th worst managed stock in the sector. I do believe the near term new trading range will be $5.75 to $6.25....but still a little early to tell. It could well be $6.00 to $6.50 as well. I am holding for at least $6.50+ unless we stall.
    Now, the next big thing that's left is the lawsuits against the FCC and the 5 Democratic Senators that sent a nasty letter to the Chairman of the FCC.. Bear in mind the vote was 3-2 along party lines. If the 5 Democratic Senators were to side with Republicans tat alone would give the Senate the power to send to the House to overturn the FCC. Between the lawsuits and key Democratic Senators upset at their democratic representatives to the FCC......I say within a few months or within a year all the merger activity will be back and alive and well. Now, for the next 4 months plus a few weeks we have nothing but over the top political spending to drive us up further. Get your spacesuits on as we are soon to launch. DaninFW

    Sentiment: Strong Buy

  • daninfw04 by daninfw04 Jun 25, 2014 2:50 PM Flag

    I encourage all of you interested in EVC to google "Pulpo Media". Also, use Yahoo search to do the same as you will get different articles. There are a few with comments that was not part of press release. Go to the home page of Pulpo. Look up the six high profile investors that backed Pulpo that are some of the top venture capitalists. Look at their employees and their credentials. Their top tech guy was a Senior Engineer for Google. They are also #1 in the digital/mobile sector. That IMVHO puts a bulls eye on the back of EVC as a takeover candidate. Everybody wants to be #1. Again, the press release that EVC put out is poor at best. They paid $15-18 million and no mention of revenues or hopefully the fact that the acquisition would be immediately accretive to earnings. That alone might have kicked up stock price. Further proof that EVC is run by idiots. If they can't craft a press release they sure can't run a company effectively. You should also pull up home page for Pulpo and home page for LUMINAR. It's like comparing IBM (Pulpo) to an 18th century Chinese company with an abacus. And yet they plan to run the companies separately but utilize LUMINAR's 200+ sales force. Why did they hire the three high paid new VP's? They have over the top management at Pulpo that needs to run everything and eliminate duplicate positions. I know I sound negative but it is ridiculous how the CEO is running this company. They have no clue about how to run a digital/mobile operation and yet bought the top one in the industry........and won't utilize them effectively. On the positive side, I look for $15-20 million in revenue annually from this and $1.5-$2.0 million in earnings from the beginning. After we see a full quarter, we should get some nice upward revisions in earnings and revenues. DaninFW

    Sentiment: Strong Buy

  • Reply to


    by contra_guy Jun 25, 2014 4:01 PM
    daninfw04 daninfw04 Jun 25, 2014 4:45 PM Flag

    mcbdan----thanks for kind words. This guy just likes to slam other people. He tells people they shouldn't read these boards which he does. Makes sense right? He prefers that investors stay ignorant so he can fleece them. I believe that to whom much is given much is required. I have made a fortune many times by getting thoughts from these boards. One opinion is never the only opinion. Doesn't mean they are all 100%......just information for research. I found EVC stock and have made over $400,000 on it by following the suggestions of wow1smallworld who kept telling me to look at it. These boards are for sharing. Doesn't mean any one person is right all the time. If you think I'm perfect......I'll let you talk to my wife. She will straighten you out real quick. DaninFW

    Sentiment: Strong Buy

  • daninfw04 by daninfw04 Jun 25, 2014 4:51 PM Flag

    Many investors and fund managers pulled out of this sector knowing the Aereo decision could possibly destroy the small broadcasters. Money has been sitting on the sidelines. We saw some move back in today. Many of them felt it a breach of their fiduciary responsibilities until the matter was resolved. We're back to blue sky with record revenues for entire sector this year. I see at least another 10-15% upward move for sector and EVC . We may well test 52 week highs over next few months.....if not sooner. We should also start to see analyst upgrades after they report Q2 next 3-5 weeks. IMVHO we should see EVC at $7 next 30-60 days if not sooner. Once we determine a new trading channel............nice trading as well. DaninFW

    Sentiment: Strong Buy

  • Reply to

    Pulpo Media

    by daninfw04 Jun 25, 2014 2:50 PM
    daninfw04 daninfw04 Jun 25, 2014 6:17 PM Flag

    I have to add that the clients of Pulpo Media are world class.....Disney, Nike, Kelloggs, ADT, etc.
    There is also a great article on where they are helping Greg Abbott in his primary race against Wendi Davis in Texas. The news just announced that Greg Abbott is running double digits better than Wendi.........sounds to me Pulpo knows what they are doing. This means that many other candidates in the nation will be lined up for their services. Just a few thoughts. I guess Contra-Guy who knows everything already knew that......DaninFW

    Sentiment: Strong Buy

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