Yeah, the company will issue about 83 million shares and recouping about $350 million cash from the acquisition. You mention the word 'dilution' and the street goes bonkers. Great buying opportunity LONG TERM and added even more shares just before the close today. They are just so much more powerful in mid and downstream businesses.
A lot of buying today which was accentuated starting at 3:23 edt. Up volume was about 4/1 vs. down.
Selling was predominant in the morning hours starting the downtrend trend until pm. About 3x normal 30 day
I believe this is near or at the low. Today was another event which is positive long term. So many
foolish statements which applies for today or the very short term. Selling just causes more selling and, many time, with no valid reasoning. I ADDED more shares this morning. I've been adding on any
'selling' event. This is a LONG TERM investment (2-3 YEARS) not hours or days. Klaus is doing a fantastic job by lessening upstream business and accentuating mid and downstream ones.
Klaus has now bought 3 companies in the last year or so, all nickel and titanium which are and will be in high demand. All will be accretive to earnings. Today hurt as they are buying with company stock and Wall Street hates dilution. This is a short term phenomenon and stock will recover. Long term (say2-3 years) this will be a $30 pps and beyond.
Sorry to spoil your 'enthusiasm' but this is NOT the real test. It comes Wednesday, March 11th when the Feds decide what each bank can do when they (the banks) include dividends, share buybacks, etc. All the banks passed this preliminary test. It seems 'investors' have no idea about what these stress tests are. This is one of the reasons people lose money, particularly those who invest in this LOSER. Disc: No position in CitiHYPE!
Yeah, 'threw in the towel' and still has a price target of $23. Anyone who listens to these zealots is a dumb as they are. This market is so manipulated only seasoned investors can survive it.
Cramer pushed this right at its high just to see the thing crash after hours today. Looks like about 20%
down from its close today. Cramer strikes again! Fortunately, I wasn't 'snagged'....
Oh, and the last dividend paid prior to its 'cut' was $ .17 quarterly paid on 2/25/09 which
represented a cut of 82% during the financial crisis. No reason why it can't get back there one day!
Like Pops said Klaus Kleinfeld is transforming the company. This company was strictly a commodity one back in 2008; Klaus (from Seimens) became CEO in 2008 and is making the company independent of commodities and making it a 'value' one. With easy 'comps' going forward the company should impress on both the bottom and top line. Write downs should be nonexistent (the company has exited some of the commodity side) and once strong cash flow is realized expect both share buyback and dividend raise program. Then one could see possibly see strong capital gains. This could easily be a $25+ dollar stock in a couple years (or less)....I first bought in 2009 and have been aggressively adding on all pullbacks. Good luck.
Dumb is right. This is ludicrous. Klaus just needs to keep focused. He has easy comps going forward. If execution is there the pe will come down; cash flow will increase; and, with positive cash flow will be able to buy back shares and increase divi. This is what will propel stock to the $30+ range
in a 2-3 years. Like Dow Chemical, Klaus has transformed the company away from its commodity
business and into value added ones. Bottom tier will prevail over top tier.
Good grief, the loser FKU-HOLLY strikes again. Let's explore his feckless investing.
He's been a HUGE loser in HLF. Yeah, he's long this and in the $80 range; he's invested in LOSERS like CVEO and SSYS. Both have been clobbered and CVEOS' dividend has been eliminated. This NUT has lost a fortune and he blogs about me????? And, as usual, he doesn't even get his facts straight. It's really LAUGHABLE. This MORON is so easy it's must be embarrassing for him. I'm laughing so hard it hurts!
The item that holds this stock back is lack of a stock buy-back program and dividend raise. With the exception of this one all my other stocks have this in place and helps keep a 'floor' on the stock. Shorts hate to pay dividends and I always hammer them when THEY (the shorts) PAY me! Icing on the cake!
And, Jul, no MORON poster is going to run me 'out of town'. I have been doing this too long for any NUT to have any influence on what I have been doing for years. I could care less what these NUTS think of me. I don't even read their posts. It's all NONSENSE!
Jul. No one has any idea where any stock is going. Day to day it's anyone's guess. But I concentrate for the long term (2-3 years out). Klaus Kleinfeld is a winner who came from SIEMENS. He knows what he is doing and is demonstrating that by actions taken to take this company in a completely different direction (read the many articles highlighting these
changes). And the stock does pay a dividend higher than any CD rate you can get; so you get something while you wait for, perhaps, extreme upside. This company is proving itself just by the last several quarterly reports. April will be interesting and, hopefully, will provide some good upside. Klaus is not only a great CEO but a superb cheerleader. Very outspoken and with a plethora of charisma, I believe time will prove just how successful he is; and
I have my money on him. I have been long this stock since the single digits adding myriad times in the single and up to todays purchase + a few shares in the 15 and 16 range. I follow the stock daily and like what I see. It's the 'manipulators' causing all this volatility that is discouraging. But that's just part of playing the stock market. It is NOTHING like it was 20 years ago. Good luck.
Like I said, Larry, these guys are not even worth a 'second' of your time. They're NUTS
and probably extreme LOSERS. And these types are on ALL the message boards.
These NUTS want you to recognize them. That's why they are here - for the attention.
Ignore these MORONS (better described as LOSERS). Have a good one.
First, I have no stake in this company nor have I ever. Second, I loathe Ackman. He's such a 'girly person'. Third, it's tough to play a stock like this when you have a 'visible' person like Ackman trying to destroy the company at all costs solely to make a 'buck'. So much negative criticism just puts a drag on the stock; and it pays no dividend while you hope the stock will recover. There are just too many other quality stocks to play with much less stress. I hope H comes out a WINNER mainly because I just can't stand that 'girly nut' Ackman. I just hope he takes huge losses like he did with JCP. Good luck to ya.
Bashers aside, this has been a rough one. I believe Century Aluminum had a lot of affect on the stock this week. This stock has become so volatile that it is now a 'traders' dream. Reluctantly, I added more shares today near the low to my position which I began in the single digits a few years ago. I still believe that this stock is far different vs. its peers. Their 'value added' portion of business distinguishes it from its peers +, like Dow, its CEO has transformed the company. So, I will 'sit' on my long position through 2017 and determine where I go with it. I hope my confidence in Klaus proves successful. As far as the 'bashers', I don't even understand why you and others concern yourself with these fools. Personally, I ignore them. They mean nothing and probably are the biggest LOSERS this side of the Mississippi. Good luck to ya!
You must really be a LOSER! If a NUT like you invested $10,000 back in 1984 and did NOT reinvest dividends you would be a MILLIONAIRE today. The YEARLY dividend paid today is over 2.5x the initial investment a NUT like you could be making. This has been an INCREDIBLE stock. You make a FOOL of yourself by shorting a stock like this. I'm willing to bet an imbecile like you has already lost mucho dinero by shorting this stock already. It's at and ALL TIME HIGH now, you MORON! By the way, this WINNER went public at the tail end of 1980 so a NUT like you could be UP even more than I previously stated.
Checking Yahoo business stat board and one has to go back to early 1988 where, at least, the stock was higher in price than now. 1988!!!! And this is as far as YAHOO business stat board goes. And this thing pays NO dividend and the future is still in question even at these HISTORIC lows. Feel sorry for anyone who has purchased shares in this. And much of this clan be blamed on HUSSEIN OBAMA. If you voted for this NUT and owned this stock you DESERVE the misfortune you have been dealt. I certainly have no pity for ya. For others, I feel your pain and hope the best. Disc: Never owned this LOSER and don't plan to until, at least, HUSSEIN OBAMA is out of office!
Sentiment: Strong Sell
Once as high as $170 per share just a few years ago this LOSER is now hitting lows not seen since
February 1995!!!!!!! This LOSER has really been a LOSER and has costs its shareholders much
dinero! Long term, who knows, it may regain its once glory but will leave it to ones more courageous than I
to play this one either short or long.