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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (55235)4/24/2015 1:55:40 PM
From: E_K_S  Read Replies (3) of 78745
 
Re: Trinity Industries Inc. (TRN)

I have briefly looked at their reported earnings and the company forcast. Based on that, stock selling at 6 PE. I still need to go through the conference call to see what is spooking the market. I do not think it is the litigation as the potential liability is small and they have insurance. I need to go through the conference call transcript. I did see something that they built too many railcars but that actually could be a good thing since there is chatter that legislation will require old tanker cars to be retrofitted and maybe TRN can use some of these excess cars/parts for those upgrades.

I was going to wait for $25.00/share price range but according to my Graham No. valuation, stock is still 46% undervalued.

Here is what they reported:

Trinity Industries, Inc. Announces First Quarter 2015 Results

EKS
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