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Re: NovoMira post# 7660

Thursday, 01/27/2005 4:08:33 AM

Thursday, January 27, 2005 4:08:33 AM

Post# of 11715
NovoMira Glad to hear you are getting your sleep.

Looks like you are going to get some rain tomorrow, and we will get it over here around noon. That means I got to get up at the crack of dawn, and do some prerain moving of dirt and putting away some tools I have outside, from working on my son's truck.

Got to tell you about two things. First, the trucking. We bought another flatbed trailer for the trucking business today. Really got a good deal. About half price, or maybe even better deal than that. I am beginning to think that we will have a very good year. We grossed over $200,000 last year, and this year should be better. All we have to do is keep the trucks in the center of the road, and keep on running a tight ship...


Second, NCS. And this is for anyone reading this post. They had over 1 billion dollars in sales the last four quarters.

http://finance.yahoo.com/q/is?s=NCS&annual

Like I told you before, they are going to have a slow 1st quarter for 2005, but they expect the full year of 2005 to be the best year ever. I know I mentioned this to you before, saying that the 1st quarter for 2005 will be an opportunity to buy the stock. I am thinking that because there is such widespread euphoria amongst the management of the company, that if you wanted to participate in he price appreciation that should put the stock's price per share up to at least $42 or higher, when the final quarter's earnings are announced in December of 2005, the prudent thing to do is to start buying at the $36 level now, even though the PPS could go lower than the price is at now when the 1st quarter's poor showing becomes evident around the first of March.... Or, watch the price of the stock closely for the next few months to see if somebody downgrades the stock because of the slow quarter. Last August 27, 2004 the following came out for NCS, and the stock dropped 9%....

Shares of NCI Building Systems ( NCS ) fell more than 9 percent after BB&T Capital downgraded the Houston, TX-based metal products manufacturer to "hold" from "buy," citing valuation. The firm noted that, even though there was good news in the quarter with a higher outlook, the stock is trading near the high end of its historical valuation range. The firm explained: "We are also persuaded that after the move to a recent all-time high, the stock is likely to move sideways for a period, something NCI has done for extended periods in the dim past." BB&T also said that as sharply higher steel prices brought strong margin performance, margins "could weaken especially if steel tariffs are lifted and steel prices decline sharply."

If the 1st quarter's slow activity becomes evident in the stock price, and we had something like the above happen again, the price could drop to around $32. But if the word get's out that the coming year will probably be the best year ever, then, it will not drop down there. Sh!t, if I knew the future I would be rich!!!!!.

Just wanted to give you my prediction.....

Well, I have burned the midnight oil again. Snuffaguffalous.

I ought to be shot. Have a good day. Enjoy the showers.

ss

"If I were to try to read, much less answer, all the attacks made on me, this shop might as well be closed for any other business. I do the very best I know how - the very best I can; and I mean to keep doing so until the end." ~ Abraham Lincoln

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