Recent

% | $
Quotes you view appear here for quick access.

U.S. Concrete, Inc. Message Board

daninfw04 5865 posts  |  Last Activity: 10 hours ago Member since: Mar 23, 2004
  • Reply to

    More Today

    by daninfw04 Jul 30, 2015 11:12 AM
    daninfw04 daninfw04 10 hours ago Flag

    Wedbush mid day reiterated PT of $9 with $400 million after tax in spectrum. They also reiterated NXST at $66 PT and MEG at $20PT and both outperform. Interestingly enough, Wedbush set the PT's for MEG and NXST and gave zero value for spectrum. DaninFW

    Sentiment: Strong Buy

  • Reply to

    Debt-The Real #'s

    by daninfw04 Jul 29, 2015 6:09 PM
    daninfw04 daninfw04 Jul 30, 2015 4:36 PM Flag

    Thanks. You always were a smart guy. I never questioned that. We both just had different thought processes. My big assumption at the time was they could get the money and that buying lots at 20 cents on the dollar would pay off. There was much more of course. I actually have different but somewhat similar reasons for buying HOV now. They have a lot of land on the books at a fraction of what it is worth. Almost every builder in the sector is near 52 week highs and operating much more efficiently than HOV. HOV despite it's management incompetency and the same using the company as their own personal ATM machine.......have now reached a point that they have to perform. HOV will be profitable now starting in Q4. I could care less about the past. Management will improve the numbers or a number of other builders will buy the company out. The stock goes up in either scenario. I expect an announcement soon where they are going to take care of most debt due next few years. I could think of other scenarios as well which might happen such as HOV being taken private led by Hovnanian family, massive stock buyback, etc. I just don't see much more downside here. Housing is too strong. HOV management is too weak. DaninFW

    Sentiment: Strong Buy

  • daninfw04 by daninfw04 Jul 30, 2015 11:12 AM Flag

    Looks like a big seller today. Just got 10,000 at $7.26 and another 10,000 at $7.25......now at 50,000 shares. DaninFW

    Sentiment: Strong Buy

  • Reply to

    Debt-The Real #'s

    by daninfw04 Jul 29, 2015 6:09 PM
    daninfw04 daninfw04 Jul 30, 2015 9:35 AM Flag

    The 2016's are currently trading at $1009,and the 2015's are trading at $1018 all above par. No doubt in my mind. DaninFW

    Sentiment: Strong Buy

  • Reply to

    Debt-The Real #'s

    by daninfw04 Jul 29, 2015 6:09 PM
    daninfw04 daninfw04 Jul 30, 2015 9:15 AM Flag

    As of 4-30-15:
    $61 million of the 11.875 bonds mature 10-15-15
    $259 million 6.25% bonds mature 1-15-16
    $121 million 8.625% bonds mature 1-15-17
    I expect HOV to do a bond deal a few weeks before 10-15-15 that will take out all $441 million of the above. Without looking I believe it's around $81 million also due in 2018. They could do an offering of around $500 million new bonds and take out everything due next 4-5 years at rates comparable to the average of the above IMVHO. I expect it done late August or early September. When this happens and investors see that money is available at good rates, a lot of confidence will be restored and stock should pop. JMVHO DaninFW

    Sentiment: Strong Buy

  • daninfw04 by daninfw04 Jul 29, 2015 6:09 PM Flag

    I am so tired of all the talk of bankruptcy, high interest rates, unable to refi, etc. I just saw a post from "ladaclay" who hasn't posted in 3+/- years since I proved him wrong last time. Hit his yahoo id and pull up his posts from 2011-2012. He said the identical same #$%$ then. We had a gentleman's agreement that whoever was right, the other would admit he was wrong. I said HOV would survive. When HOV survived and thrived, he quit posting. Check it out. He might be a paid basher. Whatever the case, now that he is posting under that id again, I am 100% convinced that HOV will pop in near future. He is the best contrarian indicator for HOV in the world.
    Here's the bond maturity dates and interest% you can find in HOV presentations, SEC filings, etc. You don't have to make #$%$ up. HOV has the following due with almost $300 million cash in the bank right now:
    $320 million due in a few months or 2016 for most at 6.25% to 11.875% which CFO has already said they will refi this summer and have waited because of make whole provisions that would trigger if they did it sooner.
    $121 million due in 2017 currently paying 6%..
    $87 million due 2018
    $150 million due 2019.
    The rest, a total of $1.222 Billion is due 2020-2022 and currently just 2%-5% interest is being paid.
    Just facts folks not fiction please, DaninFW

    Sentiment: Strong Buy

  • Reply to

    Just A Thought

    by daninfw04 Jul 26, 2015 9:31 AM
    daninfw04 daninfw04 Jul 29, 2015 5:57 PM Flag

    You are so full of #$%$. Interest charges are being shown on the income statement. I interest on over half the two billion is just 2%-5%. I will post the real numbers. DaninFW

    Sentiment: Strong Buy

  • daninfw04 by daninfw04 Jul 29, 2015 5:16 PM Flag

    American Century Partners, the #2 holder of EVC shares disclosed today they sold 957,567 shares in Q2. #3 holder Dalton Greinier added 503,555 shares. Will be interesting to see what West Face did. DaninFW

    Sentiment: Strong Buy

  • daninfw04 by daninfw04 Jul 29, 2015 11:03 AM Flag

    I have said for months that the LPTV owners might hold up the auction. I believe this is reasosector has been weak:
    "Low Power TV advocates were not reassured by FCC chairman Tom Wheeler's pledge to Congress that the FCC was taking steps to mitigate the impact of the post-incentive auction TV station repack on LPTVs and translators, which he called important voices.

    Following an FCC oversight hearing in the House Communications Subcommittee at which Wheeler talked about the fate of LPTVs and translators, which are not participating in the incentive auction and do not have interference or channel placement protection after it per statute, LPTV Spectrum Rights Coalition director Mike Gravino said the clock "is ticking" and that "if both the FCC and Congress do not want the incentive auction held up in the Court of Appeals, there had better be an accommodation for major market urban LPTV and small market and rural translators."

    In an email to members Wednesday (July 29) a day after the hearing, Gravino said his takeaway from the hearing was that "the FCC does not have an impact analysis for LPTV and TV translators, and that the auction process is a great unknown based on which broadcasters and buyers participate."

    Of particular concern to Gravino and his members is an FCC plan to reserve the last vacant channel in a market—it is unclear just how many markets that would affect—to unlicensed wireless. "[T]here are over 900 cities of license where there is only one LPTV or TV translator license, meaning unlicensed would get that last remaining channel," Gravino said.

    Gravino was not the only LPTV advocate unhappy after the hearing.

    "In its zeal to create new unlicensed channels by eliminating LPTV and TV Translators, the FCC is learning that it may not be as simple and clean as twisting congressional intent, especially, if those in congress who wrote the words, disagree with the FCC's interpretation of Congress's words," said Louis Libin, executive director of LPTV..

    Sentiment: Strong Buy

  • Reply to

    My Gut

    by daninfw04 Jul 28, 2015 10:17 AM
    daninfw04 daninfw04 Jul 28, 2015 1:38 PM Flag

    I was theorizing that EVC would buy back the 10% u share block from Univision. In that scenario, Univision would have no control other than contractual. EVC needs control of their spectrum 100% as company is worth more dead than alive. DaninFW

    Sentiment: Strong Buy

  • daninfw04 by daninfw04 Jul 28, 2015 10:17 AM Flag

    If I had to guess, we are going to get an announcement that EVC is buying back the 10% of EVC shares class u that Univision owns. This might also explain why EVC ceased their repurchases in open market to raise cash. I always saw this as a legal issue where Univision could be sued by EVC shareholders if they kept them from maximizing spectrum sales. This would also allow Univision to raise about $80-100 million to improve their balance sheet before IPO. I think this would be great news. DaninFW

  • Reply to

    Almost Textbook Capitulation

    by daninfw04 May 12, 2011 4:11 PM
    daninfw04 daninfw04 Jul 28, 2015 9:02 AM Flag

    Just saw where you are posting again after calling for bankruptcy in December 2010 and again in October 2011. I proved you wrong again then. We had a bet that you would admit I was right in 12 months if HOV didn't file bankruptcy. You disappeared and haven't posted in 3 years. Glad to have you back. I am now 100% positive I made the right decision again. For those new readers just hit his name and pull up the #$%$ he spouted before. You'll get a good laugh. He has got to be a paid basher. DaninFW

    Sentiment: Strong Buy

  • Reply to

    Something Big Is Up

    by daninfw04 Jul 27, 2015 7:10 PM
    daninfw04 daninfw04 Jul 27, 2015 9:16 PM Flag

    I always heard early news was good news and late news was bad news. Univision has to file because of bonds and with IPO coming in a few months I don't see bad news or they would probably have to scrap IPO. They wrote off everything including kitchen sink last quarter. I think a joint deal of some kind since it looks like coordinated release. Daninfw

    Sentiment: Strong Buy

  • daninfw04 by daninfw04 Jul 27, 2015 7:10 PM Flag

    I just uncovered something I think very unusual and I suspect a big announcement now on 8-06-15......and possibly sooner since I may be starting a rumor that turns out to be fact. Univison has always reported their quarterly results a week or so before EVC. Usually around the 27th. So today I looked. They are now reporting after the close on 8-06-15 now......the same time as EVC. I have more. But first, I would add I always have looked at their results to get an idea of what to expect from EVC since EVC is 24% of their audience. Today, I also noticed that the Univision conference call is at 5:00 P.M. which is exactly the same time as EVC. I have always thought EVC was nuts for doing a conference call at 5:00 P.M. when everyone has gone home. Now, we have Univision doing it and they plan to do an IPO. They would not do something this stupid unless there was a reason IMVHO. There is something to be announced that effects both companies. I would bet on it. This is not coincidence IMVHO. Glad I have already bought 30,000 shares. I will be looking to add on any weakness next few days. I may be dead wrong but this is really strange. Any thoughts? DaninFW

    Sentiment: Strong Buy

  • daninfw04 by daninfw04 Jul 27, 2015 2:03 PM Flag

    I was really hoping for $7 this morning to add to my 30,000 share position. Sector got hammered early because of noise today about FCC and Congress getting involved in retrans. Lots of good reading out there today. Also, on the positive side, the third largest holder of EVC just filed yesterday that they added over 500,000 more shares in Q2......DaninFW

  • Reply to

    Just A Thought

    by daninfw04 Jul 26, 2015 9:31 AM
    daninfw04 daninfw04 Jul 27, 2015 1:58 PM Flag

    As I said, I thought we were close to bottom before. Still holding 200,000 HOV but will buy more when and if we crash further. I am in many other stocks as well. I just didn't want to miss a big pop from a buyout or big news such as buyback. Stock is way oversold IMVHO and being manipulated. I am really concerned that overall market weakness may be a bigger factor in near future. GLTA DaninFW

    Sentiment: Strong Buy

  • daninfw04 by daninfw04 Jul 26, 2015 9:31 AM Flag

    There may be more short term pain but when this thing turns around, I expect a big pop. Patience will be rewarded. Stocks trade on short term perception. Very few if any stocks trade at their real value at any point in time. Telling me HOV isn't trading at $4-6 because it's not worth it is like reminding me of the tech bubble when companies never making a penny in profit or not even having any revenues were selling for billions of dollars in market value. The street is wrong more often than it is right. I know of several stocks that often trade in a 5% range each day. That's like saying a stock's real value changes 5% a day? Or even better, HOV traded in a 10% range on Friday. How did assets change every few seconds? That was about the dumbest statement I ever heard. HOV is being manipulated. When they make their money they will move on to the next target. The current price is a gift. DaninFW

    Sentiment: Strong Buy

  • Reply to

    Pivotal Point

    by daninfw04 Jul 25, 2015 9:28 AM
    daninfw04 daninfw04 Jul 25, 2015 5:32 PM Flag

    They said this when I bought CHK in the 1980's at 5/8 or .625 cents a share........right before it went to over $80 a share. Just a hundred bagger+. Then there was RAD I recommended at a dollar and actually bought a bunch at 98 cents. Now just under $9. I also recommended USCR at just over $2 in 2012 now $43-45. I just recommended the USCXW's at $3 about 6 months ago now $18. And, of course, HOV in 2009 at just over a dollar and got out a year or two later and now back in again. Dozens more reasons to buy now than there was in 2009. Many of my recs have been bought out. My postings are still there. Many have lost interest in HOV because of bad management decisions. They can crank out the cash anytime they want to shut off new communities growth. Lots on their balance sheet are being shown at a fraction of today's worth. They could raise hundreds of millions in the blink of an eye. This stock is worth $4-6 a share to someone smart enough to seize the value. Management may well be keeping the true worth hidden so they can take it private as well. But, if they put it in play with a lowball offer someone else will offer a lot more.

    Sentiment: Strong Buy

  • Reply to

    Pivotal Point

    by daninfw04 Jul 25, 2015 9:28 AM
    daninfw04 daninfw04 Jul 25, 2015 5:08 PM Flag

    I heard all this garbage back in 2009 when it hit 85 cents a share and just 18 months later it was $4.40 for a 500% pop. Assets on balance sheet are being shown at a fraction of what they are worth. Read my other posts. The street expects a discounted 26 cents EPS in 2016 and I expect 35-40 cents EPS. Stock is being manipulated. Think what you want. I will be much richer soon while you are still bashing the stock. DaninFW

    Sentiment: Strong Buy

  • daninfw04 by daninfw04 Jul 25, 2015 9:28 AM Flag

    I have bought 200,000 HOV at an average of $2.365. Sure I didn't think it would fall this low. It's a gift. It also could go lower. I am in for the long term. If it goes down more I will buy even more. I have said before that many saw bankruptcy 5-7 years ago, I proved them wrong. I paid $2.365 for shares easily worth $4-6 to a buyer. HOV management will get this turned around or someone will buy them out. The other buyers are at or near 52 week highs. Sector is on fire. July was effected by the rains which was the most in over 50 years in Texas. I have three new HOV developments in my area with two very close. They can't build them fast enough. I suspect that if HOV drifts much lower we will see a large share buyback. They are nuts to buy more lots when they can buy their stock at $2 a share. It's a far better investment and might keep a competitor from stealing their company. The stock will go up 100% or 200% next 6-18 months. Again, we could drift lower because shorts are hammering.......but they also know this company will be profitable soon. A perfect storm is brewing. If company announces buyback, better than expected results and shorts rush to cover......HOV will pop very fast. $3 may be a 50% move but it could cover half that distance in a single day. I have seen it more times than I can remember while investing for over 40 years. Watch and learn. I could care less what it does Monday or next week. DaninFW

    Sentiment: Strong Buy

USCR
42.33+0.93(+2.25%)Jul 31 4:00 PMEDT