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The Goldfield Corporation (GV)

NYSE American - NYSE American Delayed Price. Currency in USD
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4.15+0.05 (+1.22%)
At close: 4:00PM EDT
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  • r
    robi
    robi
    hurricane HARVEY heading straight for Texas.....hunker down folks!
    Imageforfoxesonly
  • J
    Jack
    Jack
    Buy the open sell the close
  • B
    Bernice
    Bernice

    Received an alert this am about $GV from http://jcharlesassets.com/opiant-pharmaceuticals/?s=GV, you may want to take a look. "hhse" Investing trading stocks.

    Best MicroCap, Small Cap and Emerging Stocks to Buy - J Charles Assets
    We search for the smart new growing companies to invest in with stock deals to watch in pharmacuetical and digital verticals.
    jcharlesassets.com
  • S
    Spartan
    Spartan
    Picking up more around 4. Look at the chart before you do anything..
  • s
    steeveme
    steeveme

    Reuters
    AUGUST 14, 2017
    Trump to sign executive order Tuesday on infrastructure projects

    https://www.reuters.com/article/us-usa-trump-infrastructure-idUSKCN1AV00X

    Trump to sign executive order Tuesday on infrastructure projects
    President Donald Trump will sign an executive order on Tuesday "establishing discipline and accountability in the environmental review and permitting process for infrastructure projects," the White House said in a statement on Monday.
    www.reuters.com
  • s
    steeveme
    steeveme
    P/E ratio 10x fully taxed earnings
    EV/EBITDA ratio 4.5x
    FPL and Duke Energy massive increase in T&D and Storm Hardening spend from 2018-2023.
    $6M spent by GV to increase it's truck fleet.
    GV rollercoaster stock price nearing a bottom.
    Institutional Ownership up to 46%
    Stock should double in the next year or two.
  • m
    marco
    marco

    http://www.caller.com/story/weather/hurricanes/2017/08/22/redeveloped-storm-harvey-could-affect-corpus-christi/589115001/

    Tropical storm Harvey 2017: Get the latest path projections, forecasts
    Tropical storm Harvey is expected to make landfall Friday bringing with it heavy rainfall and high winds.
    www.caller.com
  • y
    yoyo
    yoyo
    Overreacting!!! its so ridiculous
  • s
    steeveme
    steeveme
    CEO stated on Conference call that Duke Energy and FPL are increasing their spending and have Billions of dollars of projects to bid on.
  • J
    Jack
    Jack
    Heat in orlando causing record electricity demand.
    Hurricane season kicking into gear. Goldfield will he'll handle and problems and meet all demands
  • r
    robi
    robi
    Infrastructure getting some needed "ATTENTION"
    Imagepotato-n-beyond
  • S
    Steve
    Steve
    it will be a LONG time before this sees $6 again.
  • K
    Kylie
    Kylie
    I think GV is due for a pullback. What are your thoughts? Im not sure about you guys but awe-some*sto-ck*s has provided me with some pretty good trade ideas. I messed up executing some of them but thats on me.
  • z
    zack
    zack
    Will $3 be real?
  • s
    steeveme
    steeveme

    GV makes a large portion of their revenue when old coal power plants are closed and new natural gas and solar power plants are opened because GV runs the Transmission lines to these new power plants. Florida Power & Light (FPL), GV's largest customer, plans to construct a total of eight new solar power plants by early 2018, which will use approximately 2.5 million solar panels and have nearly 600 megawatts of capacity.

    All of these new power plants will need new Transmission lines installed. 2018 is shaping up to be very good for GV.

    https://dailyenergyinsider.com/news/6445-florida-power-light-begins-installations-one-million-panel-solar-expansion/

    Florida Power & Light begins installations in one-million-panel solar expansion - Daily Energy Insider
    Florida Power & Light Company (FPL) began installing this week the first solar panels of its solar expansion, which will comprise three new solar plants and approximately one million solar panels. The installations began at ... Read More »
    dailyenergyinsider.com
  • s
    steeveme
    steeveme
    The market for Goldfield's services looks very strong according to their competitors recent announcements.

    From MYRG's Q2 conf call >> "Our bidding activity for all types of work, including small to medium-size projects, EPC projects and large transmission projects, has picked us substantially during late Q2 and early Q3, and we believe our experienced investor resources puts us in a favorable position to win our share of these projects. We are committed to our strategy and believe our efforts will position us to capitalize on this healthy T&D market for years to come."

    From WG's Q2 conference call >> "Our distribution businesses had a solid performance in the second quarter and there is high workload visibility for the remainder of the year."

    From MTZ's Q2 conference call >> "Revenue in our electrical distribution business was $97 million versus $96 million in last year's second quarter. More importantly, margins were much improved and we continue to build up of our recent momentum. While we're not satisfied with our margins in transmission, we've now had two consistent quarters and what we expect to be a transition year as we build backlog into the future. During the quarter we were awarded approximately $200 million of new awards and we're optimistic that we will continue to grow backlog in the second half of the year. We are confident we will enter 2018 in a solid position and we continue to believe that 2018 will be an excellent year for this segment."
  • g
    glenn
    glenn
    What GV may need most of all is a rainmaker who can deliver some higher quality projects for GV to work on. Perhaps an acretive acquisition would make good sense. Let's see how the conference call goes tomorrow as well. At least we will have a much better shot at exceeding 2nd quarter earnings a year from now!
  • s
    steeveme
    steeveme
    MYR Group and Willbros Group both posted strong Q2 revenue growth and both stated they are seeing a good environment for getting new work. I expect the same for Goldfield.
  • m
    marco
    marco
    Prob trying to depress stock price to attract a buyer.
  • s
    steeveme
    steeveme

    Years and years of work for Goldfield.

    FPL 10-Year Site Plan (PDF file can be downloaded)

    https://www.fpl.com/about/10-year-site-plan.html

    FPL | 10-Year Site Plan
    FPL submitted its 10-Year Power Plant Site Plan 2014-2023 to the Florida Public Service Commission in April 2014.
    www.fpl.com