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Strategies & Market Trends : Value Investing

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From: Paul Senior9/26/2006 4:42:08 PM
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EXP: "Eagle Materials Inc. is a leading U.S. manufacturer and distributor of building materials, including gypsum wallboard, portland cement, recycled paperboard, and concrete and aggregates."

It's beat down today on management's lowering of estimate for next year's earnings (to between $3.80-$4.20)

That's a little high but reasonable forward p/e under 10x... until/unless they cut expectations again. (Ah, that housing market slowdown.) EXP's been profitable in each of the past ten years though, and his earned good returns too (imo). Gypsum wallboard business may be trouble; I'm assuming demand for concrete and aggregates will still be strong.

Added a tad to my small position today.

finance.yahoo.com
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