Fri, Feb 27, 2015, 12:32 PM EST - U.S. Markets close in 3 hrs 28 mins

Recent

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

PPG Industries Inc. Message Board

huddlehat 11 posts  |  Last Activity: Feb 24, 2015 8:09 PM Member since: Dec 30, 2004
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • Reply to

    undervalued

    by endeend88 Feb 12, 2015 3:07 PM
    huddlehat huddlehat Feb 24, 2015 8:09 PM Flag

    If you look back, it has been a very stable company. This is my fear going forward. The company is not obligated to report earnings once delisted. I would call Investor Relations for the company to ask about their intentions. You may gain valuable insight that may put your mind at ease. You may not get that opportunity in the future. Otherwise, the share price may drift down. If it were to go to $15-20, you may get a buyout at a price higher than that, but lower than today. Their intention may be to take this profitable company private but at a lower price. I have dabbled in smaller stocks and every situation is unique. I don't mind if things are illiquid for a time, but always keep in mind your exit strategy. I wish you the best with this one.

  • Reply to

    undervalued

    by endeend88 Feb 12, 2015 3:07 PM
    huddlehat huddlehat Feb 21, 2015 7:23 PM Flag

    You realize this company is "going dark." That means delisting and listing on the pink sheets which is often causes a drop in share price. The company does it to reduce the costs associated with filings/mailings etc. They also have more leeway in executive compensation and less reporting responsibility. Know what you own. This one isn't for me at this time. You should take a second look at your own position. It will be less liquid going forward.

    Sentiment: Sell

  • Reply to

    ZACKS UPGRADE!

    by springearncomanmtnearn Feb 20, 2015 10:47 AM
    huddlehat huddlehat Feb 21, 2015 9:04 AM Flag

    Fourteen months ago on this board I said I saw RCKY as a value stock. While then @ $14, I said I thought it could go to $20 between Jan '15 and Dec '15. You kept bashing the stock and claiming it would go to $10. If RCKY was your old girlfriend, she no longer wants to date you. You were right for only so long before the fundamentals played out. For anybody that has made money on this stock it is your choice whether to take profits. It has had a HUGE run up in a short period of time. Personally, I think it will go much higher, but investors will need to see this enthusiasm confirmed in future increases of EPS. At times last year I thought the board had overpromised in their CC's Finally, RCKY has delivered and may I suggest all LONGS send their condolences to Wet Nappy. Everyone is admiring your old girlfriend. She's too good for you. It's time to move on. I suggest everyone get a restraining order and put Wet Nappy on ignore.

    Sentiment: Buy

  • Reply to

    undervalued

    by endeend88 Feb 12, 2015 3:07 PM
    huddlehat huddlehat Feb 17, 2015 8:46 PM Flag

    I think we could have an uninterrupted conversation on this message board for years to come. This is a small stock. They raise their dividends every three years or so. The stock price appears to be stable, the current price being near the high point. Liquidity is low, so you have to be patient when buying and selling this stock. Do they report earnings with an earnings release as other companies do? Maybe you can explain the reverse stock split followed by a reverse of the reverse. They have a 1 for 600 split to be followed by a 600 for 1 split. They cash out the small stakeholders by making them hold greater than 600 shares, but then after the second maneuver small investors can repurchase the stock in small lots. Is this because too many investors are not holding their stock in "street" name and this causes the company additional costs to mail dividend checks, etc.? I can't think of any other reason unless they want to somehow change something with the stock class. What is your interpretation of this?

  • huddlehat huddlehat Feb 16, 2015 6:33 PM Flag

    I would like to add a few details from memory to this informative backstory on SLP. Walt and his wife own approximately 40% of the shares. To provide himself with some cash, without selling his stake, he created a dividend to reward himself and us shareholders. A one time dividend, in my opinion, would have been bad for the company. An ongoing dividend has been very beneficial to the share price. I would be hard pressed to name another company that split their shares 2 for 1 in the $10-$12 range. Oh, and about two years later, SLP did it again. My understanding is that was done to improve the float of shares on the market (increase the share count). Set a price you are willing to pay and buy this stock when it meets your target.

    Sentiment: Buy

  • Reply to

    Jauchius

    by huddlehat Feb 8, 2015 7:12 PM
    huddlehat huddlehat Feb 10, 2015 7:48 PM Flag

    Better to eat cow moose than cow pies (cows are not good bakers). You are eating full meals. Am I writing to a BEAR (not the market kind)?

  • Reply to

    Jauchius

    by huddlehat Feb 8, 2015 7:12 PM
    huddlehat huddlehat Feb 9, 2015 8:17 PM Flag

    Jeefco,
    How is Alaska treating you these days? Our winter here in the Midwest has been much milder this year. As for the trucking industry, one would think that lower fuel prices might shore up some of the balance sheets and Capex of these trucking companies. Just a thought.

  • huddlehat by huddlehat Feb 8, 2015 7:12 PM Flag

    Matt Jauchius, from CMT's B.O.D.'s, was quoted this week in the WSJ. As CMO at Nationwide, he was instrumental in bringing the downbeat commercial to the viewing audience of the BIG GAME. That was the focus of the article. My take on this is that he is a man that takes chances and may have a positive influence on the CMT board going forward.

    Sentiment: Strong Buy

  • Reply to

    Margins Expanding / New Top 10

    by streetsmart_player Dec 13, 2014 12:25 AM
    huddlehat huddlehat Dec 17, 2014 9:27 PM Flag

    A positive nugget from NAV's earnings release: "end-of-year order backlog for Class 6-8 trucks was up 24 percent year-over-year."

    Sentiment: Strong Buy

  • Reply to

    Margins Expanding / New Top 10

    by streetsmart_player Dec 13, 2014 12:25 AM
    huddlehat huddlehat Dec 13, 2014 4:07 PM Flag

    If they were thinking of a possible Canadian acquisition, going forward that could get even cheaper. The US Dollar has appreciated against the Canadian Dollar by about 8.5% since the beginning of July. Timing is everything. The Canadian Dollar is now worth about 86 cents. Several years back it was close to parity with the US Dollar. CMT keeps their cards close to their vest. But they remain cheap on metrics such as P/B, P/S and P/E. I have no intention of selling my shares at this bargain price.

    Sentiment: Strong Buy

  • Reply to

    Extremely undervalued?

    by bridgejumper08 Dec 5, 2014 10:03 AM
    huddlehat huddlehat Dec 5, 2014 7:57 PM Flag

    If we read the tea leaves, I think management would wholeheartedly agree. They can issue 12+ M shares at today's prices to fund an acquisition. But they don't want to pay for an acquisition with undervalued shares. They would rather go to the debt market, so they file a shelf registration and plan to pay for it that way. An acquisition would help alleviate some of the concern with the concentration of three customers supplying a good deal of their revenue. That has been holding back the share price for some time. Volvo helped a great deal; a wise acquisition takes it to the next level.

    Sentiment: Strong Buy

PPG
235.90+0.06(+0.03%)12:32 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.