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U.S. Concrete, Inc. Message Board

daninfw04 191 posts  |  Last Activity: 4 hours ago Member since: Mar 23, 2004
  • Reply to

    More Upside

    by daninfw04 Jul 4, 2014 9:59 AM
    daninfw04 daninfw04 Jul 4, 2014 10:01 AM Flag

    I would add that I am now planning to hold for at least $7.50-$8.00..........I also believe when more details of the Pulpo deal are made public we could see a bump as well. Q2 EVC report due out in next 4-5 weeks and I expect them to blow away guidance and expect. DaninFW

    Sentiment: Strong Buy

  • daninfw04 by daninfw04 Jul 4, 2014 9:59 AM Flag

    I have been doing more research and now am putting EVC back on strong buy rec. Q2 earnings for all companies are expected to see double digit growth after a weak Q1. They are expected to blow away EPS expect which bodes well for overall market. I read yesterday a blog on "cable and broadcast" if you google from William Armstrong which is the news edition for the sector BTW......and it blew me away. He is suing the FCC as I did know but his points make it a slam dunk IMVHO. He points out that the FCC just approved the Gannett/BLC merger and another large merger just in January and then a couple months later says they have to unwind their JSA's.......while cable, telephone and dish companies have the same thing as JSA's.....called "interconnects" where they share expenses as well. He also points out that the quadrennial review is not even over yet.
    He also states that the FCC said they would review expeditiously any deals that required immediate attention. He points out that the FCC did not do that for him....a black man....and that the opportunity for black minority business owners to double the amount of broadcast stations they owned did not happen because the request had a timeline as he was buying from SBGI and it had to be approved or the Albritton deal was dead. SBGI had to do something else instead. A great article which confirms my opinion that the new rules tying the hands of broadcasters merging together will soon be overturned by the courts or Congress or the FCC if they are smart. I would add that Armstrong points out that the FCC said they implemented the new rules to foster minority growth.....but exactly the opposite is happening. The new FCC Chairman is an ex-cable guy with a mission. You can bet he is already planning to leave for some high paying jobs and director seats for the interests that he is backing. It's a shame how our political system works sometime. Clinton has already made over $100 million for speaking in public. A disgrace. DaninFW

    Sentiment: Strong Buy

  • daninfw04 by daninfw04 Jul 3, 2014 5:11 PM Flag

    I just pushed the numbers put out by Wells Fargo and if you believe them we have more room to run. I think a $7.00 to $7.40 target is appropriate. The real money has already been made by those that bought in low 5's........WF yesterday projected the following share price increases. These are based on TODAY's closing prices. MEG alone was up almost 5%. This is what we can expect starting next week if she is right:
    MEG up another 24.6%
    GTN up another 16.4%
    NXST up another 11.3%
    SBGI up another 14.2%
    If these 4 stocks which were also raised to outperform reach these numbers we should easily expect EVC to go up another 15%....that would be $7.38 per share. At $7.38 EVC would only beat previous 52 week high by 2 cents. The other 4 are expected to exceed their 52 week highs by 4-16%+/-. On this basis we could see $8 a share. I have said for a year or so now that I think EVC is worth $7-8 and no more. Perhaps more if they ever start controlling payroll and expenses and quit using EVC as their personal ATM machine. Just food for thought. DaninFW

  • daninfw04 by daninfw04 Jul 3, 2014 2:23 PM Flag

    Wells Fargo upgraded whole sector yesterday evening after the close:
    "Media & Cable price targets raised at Wells Fargo
    Wells Fargo raised its price targets for stocks in the Media & Cable space to reflect the Aereo Supreme Court decision and greater comfort with the regulatory environment now that some pending deals have closed. Wells raised its price target range for Gray Television (GTN) to $14-$16 from $13-$15, for Media General (MEG) to $26-$28 from $23-$25, for Nexstar (NXST) to $56-$58 from $50-$52 and for Sinclair Broadcast (SBGI) to $39-$41 from $32-$34. Wells reiterates Outperform ratings on all four stocks."

    I'm still holding my 120,000 shares and looking to exit now at $6.75-$7.00 but will evaluate again when we hit that area and may hold longer. If the inept management at EVC were to do a press release giving upward guidance on revenues we would pop above $7 almost immediately. They may be waiting till after the World Cup games are over around 6-10-14. Now that many of the deals are getting closed like WF said....they should be starting to look at other companies to buy. Any announcement of M&A would also spike sector again. If the rules get overturned in court or Congress we would rocket also. I see at least 3-4 major positive catalysts and no downside at present......unless overall market correction. And to think truth.monger said we would be $1 in just a few more months........DaninFW

  • Reply to

    Dan OT-SD

    by wow1smallworld Jul 1, 2014 11:12 AM
    daninfw04 daninfw04 Jul 3, 2014 10:27 AM Flag

    Wow---I am looking at SD this morning. Have said many times I would get in again below $7......I think $6.80-$6.90 is a good entry point for me. DaninFW

  • daninfw04 by daninfw04 Jul 1, 2014 6:30 PM Flag

    I think this sector has room to still move up but probably not as quick as the past week. I think EVC is going to be in a range of $6.25 to $6.75 till they release earnings. Will probably move to $7 a day or so report is due out. However, if we could get a report from EVC about increased guidance we could pop to $7.25-$7.50. The fact that the U.S. just moved up to the quarterfinals today means that viewership will be over the top. That means top dollar ad rates and more people watching EVC channels and listening to EVC radio channels. LT this stock should be $7.50-$8.00 next 60-120 days. Again, if the FCC overturns it's new rules, the courts overturn or Congress steps in......this could be a new ballgame with mergers and acquisitions. For the record, still holding 120,000 EVC...........at $6.50+ I may look to trade. JMVHO. DaninFW

  • Reply to

    Dan OT-SD

    by wow1smallworld Jul 1, 2014 11:12 AM
    daninfw04 daninfw04 Jul 1, 2014 1:36 PM Flag

    I have a cousin that is known as the Father of the Russian Oil Industry. He discovered and mapped out most of the existing oil deposits using satellite technology. He was the only American ever named as an Honorary Russian General. He was buried in Mississippi in full Russian General's Uniform with an AK47 rifle. True Story. He even mapped out most of the caves in Afghanistan before they even heard of Al Queda. When his father died he was exploring Antarctica and it took them 2 weeks to find him to tell him his Father died. There is Mt. Minshew named after him in Antarctica.

  • daninfw04 by daninfw04 Jul 1, 2014 10:18 AM Flag

    EVC is getting into that range where I may soon start to trade again. At $6.50 anyone buying last month or so has a 20-30% gain. At $7 a 40% gain. I am taking off strong buy rec after good move this morning. Looks like market maker took out big seller at the close yesterday and we have strong buying today. A block of almost 80,000 shares traded at $6.43 about 30 minutes ago. We then hit $6.47 before backing off. We were within 3 cents of my call. I still think we will break $6.50 today. Good luck to all. DaninFW

  • daninfw04 by daninfw04 Jun 30, 2014 4:14 PM Flag

    Someone was dumping 5,000-10,000 shares every time they could today. The stock traded within a penny range at $6.25-$6.26 for almost 2 hours. The last trade today was 400,000 shares at $6.22......this typically means the market maker bought for inventory the remaining unsold shares at the close. We might see a nice bounce tomorrow. I thought we would get it today but somebody took all the good news to sell over a half million shares.....DaninFW

    Sentiment: Strong Buy

  • Reply to

    TXI versus USCR

    by daninfw04 Jun 28, 2014 9:38 AM
    daninfw04 daninfw04 Jun 30, 2014 8:21 AM Flag

    Warrants are almost identical to options. Both USCR warrants expire 8-31-17. That gives you 3 years, 2 months and a day before they expire worthless unless exercised. The USCRW allows you to buy one share each of USCR for $22.68 a share. The USCXW allows you to buy one share at $26.68........the premium above strike price is the time value based on time before expiration. Not for everyone. I wouldn't be buying if they were soon to expire. DaninFW

    Sentiment: Strong Buy

  • Reply to

    TXI versus USCR

    by daninfw04 Jun 28, 2014 9:38 AM
    daninfw04 daninfw04 Jun 29, 2014 3:22 PM Flag

    As I have posted before....you could get a 50% gain on USCR if it goes from $24 to $36......but the warrants at $4 today would be $13 if USCR hits $36. That
    's a gain of 325%+/-........if USCR hit $48 you would have a 100% gain......but the $4 warrants would be $24+/- for a 600% gain. Lot's more leverage with the warrants IMVHO. DaninFW

    Sentiment: Strong Buy

  • Reply to

    TXI versus USCR

    by daninfw04 Jun 28, 2014 9:38 AM
    daninfw04 daninfw04 Jun 28, 2014 10:12 PM Flag

    SD was a steal below $6 a share.....at below $7 a good buy. May have to wait 12+ months but SD should get bought out between $9-12 a share. Not much downside IMVHO. Great minds think alike. I too am looking for $7+/- to get out of EVC. Plan to put a bunch of it into SD if I can still get in at below $7. Short term I think EVC in next 2 weeks will outperform SD. After 2 weeks need to review. EVC this next week should tell us it's staying power. A key for SD next 30-90 days will be oil and NG prices and Mideast situation. DaninFW

  • daninfw04 by daninfw04 Jun 28, 2014 2:02 PM Flag

    Well, it just keeps getting better and better. I just had time to read today's Barrons.....and guest what? On page 15 they have an article on where Barron's is still high on broadcasting stocks and predict SBGI and NXST will pop 20% within next 12 months. They talk about retrans doubling by 2018......the fact that auto's are advertising aggressively and the fact that advertisers are paying even more for advertising even though viewership is down. They are chasing the fickle buyer. We should get a nice pop from this. IMVHO we should see a 3-5% gain for sector Monday-Tuesday. I think we will break $6.50 Monday or Tuesday. We could see $7 by Thursday if we can keep the momentum........and all this in a down market. DaninFW

    Sentiment: Strong Buy

  • Reply to

    Just A Few Thoughts

    by daninfw04 Jun 28, 2014 9:48 AM
    daninfw04 daninfw04 Jun 28, 2014 1:57 PM Flag

    The 4 or 5 new wells came in at like 1200 barrels of oil per day. Next report should be great. I am still trading SD for 10-20 cent moves. I am still in EVC for 120,000 shares at average of $5.791.......you are a great example of when I said investors were sitting on sidelines. I think we have much more fuel to come. DaninFW

    Sentiment: Strong Buy

  • Reply to

    TXI versus USCR

    by daninfw04 Jun 28, 2014 9:38 AM
    daninfw04 daninfw04 Jun 28, 2014 1:54 PM Flag

    You missed a 20%+/- gain if you weren't in 2 weeks ago. I think they still have 20%+/- to run in next 3-6 months. However, you could see 20% in one day with the USCXW or USCRW warrants if USCR moves just $1-2 more.

    Sentiment: Strong Buy

  • daninfw04 by daninfw04 Jun 28, 2014 9:48 AM Flag

    EVC will gain major viewership gains even after World Cup as viewers and listeners watch and listen to their channels for almost 2 months. ESPN yesterday announced that they CRUSHED all previous records for viewers. Benefits will come for months to come.
    The Aereo decision will also reap benefits for years to come. Moody's said 2 days ago that the Aereo decision was credit positive for entire sector with even more positive benefits for smaller broadcasters. You can pull the article up under SBGI, CBS, etc.
    Wall Street Journal this morning says Aereo decision will benefit ABC, CBS and FOX with their lawsuits against DISH. ABC and DISH just recently settled and DISH has agreed not to skip commercials for at least 3 days. Advertisers pay for the first three days. Broadcasters win again. NBC just started negotiations with DISH last few days after 2 years of nothing.
    Political winds are changing. Many are arguing why FCC is taking power away from broadcasters while granting cable companies and telephone monopolies more power. They are letting Comcast and Time Warner merge and ATT and Direct TV merge. That gives them more clout. I look for FCC to reverse their recent rulings very soon or courts or Congress will do it for them. That will be a catalyst for major explosion in stock prices for this sector. DaninFW

    Sentiment: Strong Buy

  • daninfw04 by daninfw04 Jun 28, 2014 9:38 AM Flag

    Just wanted to post some numbers.
    Most recent quarterly revenue for TXI was $208 million and $146 million for USCR.
    TXI is doing about 42% more revenue.
    TXI has enterprise value of $3.3 BILLION. USCR has enterprise value of $454 MILLION.
    TXI EV is 727% higher than USCR but revenue is only 42% higher.
    TXI market cap is $2.7 BILLION while USCR is just $341 MILLION.
    TXI market cap is 791% higher than USCR.
    If TXI is worth what Martin Marietta is paying for it since both companies are still losing money it's got to be what the assets are worth and future worth. I may sound nuts here but this would translate to USCR being worth $175 to $200 a share.........
    I am not predicting that but my $36 projection pales in comparison.
    One should remember that the original deal for TXI was just $72 a share but was tied to Martin Marietta stock price. As a result, the TXI deal is now $92+ a share. That equates to an additional $600 million for TXI shareholders. Even if you adjust for this TXI was worth about 5.5 times apples to apples more than USCR. That would make USCR still worth $135 to $150 a share.
    I look for a buyout of USCR next 6-12 months unless it gets taken private first. Offer could easily be $36-50 a share. JMVHO. DaninFW

    Sentiment: Strong Buy

  • daninfw04 by daninfw04 Jun 28, 2014 9:22 AM Flag

    It appears USCR may be buying back shares on the open market as well as the 550,000 shares they bought from Whippoorwill. They don't have to report until they file their 10Q. Whippoorwill only had to file because they are a 10%+ owner. Otherwise we wouldn't know what we do for another 5 weeks or so. However, USCR volume last 6 days+/- has been the highest in months. After taking a dive last few days we went north yesterday late in the evening. It could have been company buying or the fact that investors realized the magnitude of the TXI agreement. TXI agreed to divest their sand, gravel and aggregate interests in Oklahoma......that feeds the DFW area. Remember, USCR just a few months ago agreed to buy the sand pit in Oklahoma because of shortages in DFW. Translate=high margin acquisition. Well, the Texas Department of Transportation challenged the merger because of lack of competition in DFW. There are only 3 providers of sand, gravel and aggregates......Martin Marietta, TXI and USCR. If USCR buys these assets it would be awesome. But, regardless of who buys them prices will increase. The agreement also highlighted how there was little or no competition in DFW. That's like a license to print money.

    Sentiment: Strong Buy

  • daninfw04 by daninfw04 Jun 27, 2014 9:13 AM Flag

    The press release confirms my many other posts. Incredible increases in viewership not only for tv but radio, mobile and digital. It would have been nice to get something on above expected revenues. That would have really kicked stock price up today........but again.....look at who's managing the company. 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

USCR
25.86-0.34(-1.30%)Sep 23 4:00 PMEDT

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