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Other Topics >> Business, Finance, and Investing

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James282
Carpal \'Tunnel


Reged: 09/16/03
Posts: 5309
Re: First good idea [Re: icetonez]
      #12713614 - 10/29/07 01:39 AM

I am thinking of buying a position at current prices and doubling down if it hits 4. Tough spot. Hmm. Thanks for the write up, either way!

James


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icetonez
enthusiast


Reged: 07/30/04
Posts: 268
Re: First good idea [Re: James282]
      #12775043 - 11/02/07 01:54 AM

Quote:

Faced with tightening lending standards, commercial buildings will take a hit as well, dropping 6 percent in 2008. After experiencing a 40 percent surge of growth in 2007, thanks in part to considerable development of ethanol plants, the manufacturing sector will retreat by 11 percent in dollar volume to $16.5 billion.
Some trends are more positive for 2007, particularly in the public sector as many state and local governments remain fiscally strong, Murray said. Public works could realize a 3 percent gain to $120.95 billion in 2008. Highways and bridges are predicted to be a major contributor to growth, as renewed interest has been expressed in Congress for infrastructure improvements following the I-35W bridge collapse in Minneapolis in August. Public-private partnerships also continue to offer additional revenue sources. Murray said that the sector could see a 5 percent increase in construction starts to $56.9 billion in 2008.

Values of institutional building will also rise 4 percent to $118.7 billion next year, while square footage of those projects will remain essentially flat, experiencing a modest 1 percent increase. School construction will be a strong contributor to growth in the sector, rising 7 percent to $56.3 billion next year, while healthcare starts will flatten with a 1 percent drop predicted.




http://archrecord.construction.com/news/daily/archives/071025construction.asp

Edited by icetonez (11/02/07 01:55 AM)


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nadical
addict


Reged: 04/28/05
Posts: 460
Re: First good idea [Re: icetonez]
      #12797462 - 11/03/07 09:45 PM

when the q3 report come out?

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icetonez
enthusiast


Reged: 07/30/04
Posts: 268
Re: First good idea [Re: nadical]
      #12834898 - 11/06/07 03:02 PM

Quote:

when the q3 report come out?




Monday the 12th.


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DesertCat
Carpal \'Tunnel


Reged: 08/22/04
Posts: 4236
Loc: Pwned by A-Rod
Re: First good idea [Re: icetonez]
      #12835017 - 11/06/07 03:11 PM

It's tough out there. NICK reported a decent quarter (sales up, earnings down slightly) and slid another 5% down below $8. Nothing to do but sit and wait (and play poker while I wait).

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icetonez
enthusiast


Reged: 07/30/04
Posts: 268
Re: First good idea [Re: DesertCat]
      #12835342 - 11/06/07 03:32 PM

Yeah, I would be happy with that quarter considering the environment. They should be looking real good once this passes.

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otis_nixon
addict


Reged: 06/17/06
Posts: 634
Loc: Me & Willie McGee
Re: First good idea [Re: icetonez]
      #12863604 - 11/08/07 11:06 AM

I was just checking up on this, how come it hasn't traded any shares today? Or is my quote source off?

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krishan
Carpal \'Tunnel


Reged: 07/12/04
Posts: 7910
Loc: investing
Re: First good idea [Re: otis_nixon]
      #12864779 - 11/08/07 12:36 PM

Quote:

I was just checking up on this, how come it hasn't traded any shares today? Or is my quote source off?




It's very illiquid.

Krishan


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icetonez
enthusiast


Reged: 07/30/04
Posts: 268
Re: First good idea [Re: krishan]
      #12894595 - 11/10/07 02:27 PM

Here is one of the organizations Dayton uses for projections. There is a presentation on the right side.

http://www.cement.org/


I decided to sell half my shares. I still like this long term, but am dubious about the company's short term results and the economy at large.


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Groty
enthusiast


Reged: 06/05/05
Posts: 254
Re: First good idea [Re: icetonez]
      #12895374 - 11/10/07 03:35 PM

If the economy slows to 1% growth or less as many suggest, corporate default rates will rise, making it much harder for highly leveraged, economically sensitive firms to refinance.

A few high yield deals are still getting done. I'm amazed the equity sponsor hasn't pushed them to refinance the '08 maturity debt already.


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