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Hovnanian Enterprises, Inc. (HOV)


NYSE - NYSE Delayed Price. Currency in USD
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2.55-0.10 (-3.77%)
At close: 4:02PM EDT
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  • I made a nice profit when I sold at 2 bucks, guess I should of held on.
  • Surprised no one has bought HOV out at this low price...
  • Monster MicroCaps Research Alert to HOV shareholders.
    Clean energy Technologies (CETY) is under a penny with a market cap of under $3 million and just announced the beginning of the adoption of their big ticket waste to energy systems to giant waste industry with adoption of 3 systems by Aries Clean Energy.

    CETY technology was purchased from General Electric and is attractive to huge unmet markets that can achieve over $250 million annual sales within the next 2 to 3 years. Demand for conversion of wasted heat to electrical energy in large applications is very large and unmet!

    Shares could yield enormous percentage return on investment.

    https://www.thestreet.com/story/14139448/1/three-cety-clean-cycle-systems-commissioned-as-part-of-aries-clean-energys-waste-to-energy-facility.html

    Three CETY Clean Cycle™ Systems Commissioned As Part Of Aries Clean Energy's Waste-to-Energy Facility
    ...CETY
    www.thestreet.com
  • Follow the MONEY-There is a reason the'BLACK_ROCK organization owns more than 10MILLION Shares of HOV!--
    HOV LIQUIDITY
    ● In the first quarter of fiscal 2017, approximately 2,700 lots, including un
    consolidated joint ventures, a sequential increase of 28.6%, were put under option or acquired in 42 communities.
    ● During the first quarter of 2017, $38.7 million of face value of debt was repurchased in the open market for approximately $30.8 million of cash, resulting in a $7.8 million gain on extinguishment of debt.

    COMMENTS FROM MANAGEMENT:
    “Given the liquidity constraints we faced last year, we are pleased with ourresults for the first quarter of fiscal 2017. From October 15, 2015 through May 15, 2016, we paid off $320 million of maturing debt, which limited our ability to invest in land during fiscal 2016. As we began fiscal 2017, we were in a much improved liquidity position with a beginning cash balance of $340 million. We used $31 million to retire $39 million face value of debt maturing in 2017 and 2019. Furthermore, we spent $190 million on land and land development in the first quarter of fiscal 2017, which was more than we had spent in any quarter last year. As a result, after reporting decreases in owned lots last year, during the first quarter the number of owned lots increased sequentially,” stated Ara K. Hovnanian, Chairman of the Board, President and Chief Executive Officer.
    (from 2017-First Qtr, Report)...
  • MAJOR upcoming Presentation THURSDAY 5/18/17->>>Hovnanian Enterprises, Inc. (NYSE:HOV), a leading national homebuilder, announced that senior management will be presenting at the J.P. Morgan Homebuilding and Building Products Conference on Thursday, May 18, 2017 at 2:25 p.m. ET.
  • B I G_E V E N T---MAY 18th!!!!!!!!!!!!!!!!!!!!!!!!!!
    IMHO-------If you are not "IN" --you will be left "OUT"!!!!!!!!!!!!!!!!!!!

    Hovnanian Enterprises, Inc. (HOV), a leading national homebuilder, announced that senior management will be presenting at the J.P. Morgan Homebuilding and Building Products Conference on Thursday, May 18, 2017 at 2:25 p.m. ET.
  • We are so vain that we even care for the opinion of those we don't care for. http://dataunion.tistory.com/6846

    MAY-2016 Hovnanian Enterprises NYSE : HOV Correlation Histogram
    X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks May-2016 1,000 Day Parameter 4,338 NYSE Stocks Price Analysis This stock mode of correlation coefficient is 0.7 In other words, the correlation coefficient of the other stocks
    dataunion.tistory.com
  • The scenarios are quite interesting at current levels for HOV. have you guys heard of awesome-STOCKS. i started receiving their allerts and so far i am happy.
  • Made a lot of money on last HOV run up and waiting for $1.50+/- to re enter. I have been amazed that it has stuck above $2.30+/- with rates going up, labor $ increasing and now wood prices costing almost $1300 per house more. These all of you already know or you should certainly not be here. The biggest asset on their balance sheet is or was their NOL's that may soon be worth just 15 cents on the dollar instead of 35-40 cents. That is going to knock their adjusted book value they tout each quarter down close to zero. What am I missing here? It was my primary reason for buying when it crashed before hoping they could get profitable and use the NOL's. I just don't see the opportunity here like I once did. I thought for years all the land they were sitting on would jump in value. Never did and never will it appears. They seem to be building houses to sell at almost cost just to get their money out of the land to pay debt. A vicious cycle that may not end well. DaninFW
  • HOV has approval for 235+Townhomes to be Built in Morris township (next to Morris County Golf Club, NJ).
  • Nice technical analysis. There's a reverse head and shoulders formation.
  • Below is a quick look at 5 technical indicators for Hovnanian Enterprises, Inc..
    More studies are available on the Technical Chart.
    Indicator Signal
    Closing Price above/below 50 Day Moving Average ___________________Bullish
    Closing Price above/below 200 Day Moving Average __________________Bullish
    50 Day Moving Average above/below 200 Day Moving Average _________Bullish
    RSI Reading Level (<30 or >70)_________________________________Fair Value
    MACD Compared to 9Day EMA Signal Line_________________________Bullish
  • If HOV could operate at poor KBH level stock would be $3.15
    KBH yields 4.5% return before interest and tax. Their interest charge is low and netting $100.014M. This is not a great return.
    If HOV got their return before tax from current 3.4% to the poor 4.5%, and HOV paid their $90M in interest, they would yield $27 to $30M, which would yield $.21 a share.......a 15 multiplier puts it at $3.15. If they had similar debt as KBH and got similar earnings, the stock would be close to $10 a share. Oh, the pain of debt !!!
  • ADVICE on Buying a HOME: So someone looking to buy a home in the next few months doesn't need to panic, said Svenja Gudell, chief economist at Zillow, a real estate information company.

    "My advice to buyers would be to not freak out and feel a sense of urgency," she said. "If you aren't able to buy a house at 4.5 percent, you probably weren't able to buy a house at 4 percent."

    The stakes are a bit higher for buyers in expensive markets, where housing can eat up a much larger share of household income. If mortgage rates continue to climb, there are moves would-be homebuyers can make to better offset some of the higher borrowing costs.

    Consider lowering the interest rate by paying a fee to the lender up front, something known as buying down the interest rate. Or go with an adjustable-rate mortgage, which has a low, fixed-interest rate for a few years, typically five or 10, then adjusts to a higher rate.

    Another move: Ask the seller to pay the buyer's closing costs. That can free up more cash for buyers to manage the higher borrowing costs.

    Higher mortgage rates could have one silver lining: As some buyers are priced out, sellers may have to be more flexible on prices. Over time, that could help stem home prices.

    Low inventory and strong demand helped push prices higher in 2016 at the fastest pace in 10 years, according to an analysis by Zillow. The company predicts that U.S. home prices increase about 3 percent in 2017, down from a gain of about 6.5 percent this year.
  • KB Homes SURGES! -HOV Next?: KB Home's stock price surged 20.45% in the last three months, 22.93% in the past six months, and 40.66% in the previous twelve months. Furthermore, since the start of the year, shares of the Company have surged 23.65%. The stock is trading at a PE ratio of 19.80 and has a dividend yield of 0.51%.
  • this bull is bred for stamina.
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  • HOV LIQUIDITY
    ● In the first quarter of fiscal 2017, approximately 2,700 lots, including un
    consolidated joint ventures, a sequential increase of 28.6%, were put under option or acquired in 42 communities.
    ● During the first quarter of 2017, $38.7 million of face value of debt was repurchased in the open market for approximately $30.8 million of cash, resulting in a $7.8 million gain on extinguishment of debt.

    COMMENTS FROM MANAGEMENT:
    “Given the liquidity constraints we faced last year, we are pleased with ourresults for the first quarter of fiscal 2017. From October 15, 2015 through May 15, 2016, we paid off $320 million of maturing debt, which limited our ability to invest in land during fiscal 2016. As we began fiscal 2017, we were in a much improved liquidity position with a beginning cash balance of $340 million. We used $31 million to retire $39 million face value of debt maturing in 2017 and 2019. Furthermore, we spent $190 million on land and land development in the first quarter of fiscal 2017, which was more than we had spent in any quarter last year. As a result, after reporting decreases in owned lots last year, during the first quarter the number of owned lots increased sequentially,” stated Ara K. Hovnanian, Chairman of the Board, President and Chief Executive Officer.
    (from 2017-First Qtr, Report)
  • "Smart Money"-BlackRock owns approx-10Million shares of HOV-(7%)-
    FOLLOW the MONEY TRAIL: Marc Lasry’s Avenue Capital has the most valuable position in Hovnanian Enterprises, Inc. (NYSE:HOV), worth close to $6.3 million, amounting to 1.3% of its total 13F portfolio. The second most bullish fund manager is Michael Barnes and Arif Inayatullah of Tricadia Capital Management which holds a $4.8 million position; the fund has 1.3% of its 13F portfolio invested in the stock. Some other peers that hold long positions encompass Ken Griffin’s Citadel Investment Group, Russell Lucas’ Lucas Capital Management, and Joshua Packwood and Schuster Tanger’s Radix Partners.
  • Most of us don't recognize an opportunity http://dataunion.tistory.com/6846

    MAY-2016 Hovnanian Enterprises NYSE : HOV Correlation Histogram
    X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks May-2016 1,000 Day Parameter 4,338 NYSE Stocks Price Analysis This stock mode of correlation coefficient is 0.7 In other words, the correlation coefficient of the other stocks
    dataunion.tistory.com