PK,
Thanks for the attempt to encourage the TDW crowd. Unfortunately, the simple truth is that boats just don't get no lovin in this market. For example, compare TDW to a local crowd favorite, FGII. Last I checked:
If it simply meets estimates, TDW, trading at 38 5/16, will report $1.04 this qtr. On the other hand, if it beats estimates by 500%, FGII, trading at 39 11/16, will report 5 x .21 = $1.05. Now, a lot of the reason FGII is trading at a higher price is probably due to the natural preference of investors for a stock that pays no dividends (FGII), to a stock that does (TDW pays .60/sh). But still, I think a lot of this is due to the fact that boats just don't get no love. [Was it Robert Frost who wrote: "Something there is that doesn't love a boat,..."?] Anyway, thanks for trying. |
