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Friedman Industries: A Strong Steel Processor That Has Been Left Behind In The Current Rally

2014-09-26 02:50:58| Steel - Topix.net

Since June, the broader domestic steel industry has experienced multiple events that have resulted in a large increase of optimism by management and investors. Friedman Industries has a history of strong value creation and shareholder returns, but it has been disregarded by the investment community due to volatile dividends and little shareholder communication.

Tags: in the current left

 

Premal Madhavji's Top 3 picks: JSW Steel, Balkrishna Industries, Sundaram Finance

2014-09-17 08:30:35| Automakers - Topix.net

Summary JSW Steel stock trades at inexpensive valuations - 4.9x FY16e EV/Ebitda and target price multiple is 6x FY16 EV/Ebitda, marginally lower than 5-year average. The stock trades at inexpensive valuations - 4.9x FY16e EV/Ebitda and target price multiple is 6x FY16 EV/Ebitda, marginally lower than 5-year average.

Tags: top finance steel industries

 
 

Premal Madhavji's Top 3 picks: JSW Steel, Balkrishna Industries, Sundaram Finance

2014-09-17 08:10:56| Industrial Machines - Topix.net

Summary JSW Steel stock trades at inexpensive valuations - 4.9x FY16e EV/Ebitda and target price multiple is 6x FY16 EV/Ebitda, marginally lower than 5-year average. The stock trades at inexpensive valuations - 4.9x FY16e EV/Ebitda and target price multiple is 6x FY16 EV/Ebitda, marginally lower than 5-year average.

Tags: top finance steel industries

 

Trinity Industries to acquire Meyer Steel Structures for $600M

2014-06-28 14:50:11| Electronics - Topix.net

Trinity Industries Inc. says it has entered into an agreement to acquire the assets of Meyer Steel Structures, the utility steel structures division of Thomas & Betts Corp., in a cash deal worth approximately $600 million.

Tags: steel industries structures acquire

 

5-year lows: Arch Coal Inc, Infoblox Inc, Schnitzer Steel Industries Inc, Ply Gem Holdings Inc.

2014-06-28 02:23:38| Steel - Topix.net

Arch Coal Inc is owned by 5 Gurus we are tracking. Among them, 1 have added to their positions during the past quarter.

Tags: inc steel industries arch

 

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