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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (59437)6/6/2017 11:22:20 AM
From: E_K_S  Read Replies (2) of 78958
 
Chicago Bridge & Iron Company N.V. (CBI) - getting in GN value territory $17.72/share -7.64%

CBI hit my value screen w/ GN valuation of $34.00/share vs today's sell off at $17.54/share (93% undervalued). I see no specific news other than the Qutar news that may/could impact some of their projects there.

It does look like in their last earnings report, many projects got delayed and/or postponed due to energy markets.

Will put on infrastructure watch list for possible starter position. Lows in 2008/2009 were as low at $7/share. Many times these construction companies sell off into extreme low valuations as investors fear the worse.

EKS
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