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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Spekulatius who wrote (21249)5/6/2005 11:42:38 AM
From: - with a K  Respond to of 78778
 
Spek, I am perplexed by the action of PDGE's stock. While the company seems to be executing quite well, something continues to put downward pressure on the stock price. Maybe it's Barron Partners continual selling or maybe it is something else... Fear of asbestos liability?

I wrote up my thoughts on Dale's 50% thread near the peak price in February, I recall, similar to my post on AUO near it's peak. Both calls stick in my craw. Sometimes I feel like a contrarian indicator and I tell myself I should just do the opposite of what I think I should do!

If I plug in your .20 in expected earnings the valuation looks compelling:

Company: PDGE
Date: 5/6/05
This year's expected earnings: $0.20
EPS growth rate used for estimate: 9
Multiple Graham used for estimate: 8.5
Graham Fair Value: $3.73
Current Price: $1.34
$ difference: $2.39
Percent Growth to Fair Value: 178.45%

So what am I missing?

PDGE.OB VALUATION MEASURES

Market Cap (intraday): 14.73M
Enterprise Value (6-May-05)³: 21.40M
Trailing P/E (ttm, intraday): 9.37
Forward P/E (fye 31-Jan-06)¹: N/A
PEG Ratio (5 yr expected)±: N/A
Price/Sales (ttm): 0.26
Price/Book (mrq): 2.10
Enterprise Value/Revenue (ttm)³: 0.38
Enterprise Value/EBITDA (ttm)³: 7.48

Profitability
Profit Margin (ttm): 3.01%
Operating Margin (ttm): 3.57%

Management Effectiveness
Return on Assets (ttm): 7.83%
Return on Equity (ttm): 28.42%

Income Statement
Revenue (ttm): 55.78M
Revenue Per Share (ttm): 4.759
Revenue Growth (lfy)³: -11.00%
Gross Profit (ttm)²: 6.81M
EBITDA (ttm): 2.86M
Net Income Avl to Common (ttm): 1.68M
Diluted EPS (ttm): 0.14
Earnings Growth (lfy)³: 131.70%





To: Spekulatius who wrote (21249)5/23/2005 10:23:58 AM
From: - with a K  Respond to of 78778
 
PDG Environmental Awarded $7.2 Million in New Contracts
Monday May 23, 8:00 am ET

PITTSBURGH--(BUSINESS WIRE)--May 23, 2005--PDG Environmental, Inc. (OTC BB: PDGE - News), an environmental and specialty contractor, today reported that it has been awarded $7.2 million in new contracts. The first is a $6.4 million contract for interior demolition and asbestos abatement at a 25-floor, high-rise in Pittsburgh, Pennsylvania. The work on this contract, which is part of a modernization project, has started and will be performed in four phases over the next three years.
The second contract is for $800,000 for asbestos abatement at an apartment complex in Las Vegas, which is being demolished to make way for a new condominium development. The project will start immediately and is scheduled for completion in sixty days.

John Regan, Chairman and CEO, commented, "We are extremely pleased to have been chosen to perform these projects. These new awards contribute significantly to PDGE's already strong backlog. The first contract provides a good base workload for our Pittsburgh operations, and the Las Vegas project contributes significantly to operations in that City, where we are currently working on a $1.4 million contract at the Las Vegas Airport."

PDG Environmental, Inc., is an environmental and specialty contractor providing asbestos and lead abatement, insulation, microbial remediation and demolition and related services dedicated to assisting its commercial, industrial and governmental clients in complying with environmental laws and regulations. Regional marketing and project operations are conducted through branch offices located in New York City, NY; Paramus, NJ; Hazelton and Export, PA; Fort Lauderdale and Tampa, FL; Houston and Pasadena, TX; Phoenix, AZ; Rock Hill, SC; Portland, OR; Seattle, WA; and Los Angeles, CA. For additional information on the company, please visit pdge.com. And for more information on mold and its effect on indoor air quality, please visit epa.gov.



To: Spekulatius who wrote (21249)7/22/2005 10:54:14 PM
From: Spekulatius  Respond to of 78778
 
Microcap play - UCIA.OB
Fundamentally cheap looking stock in the medical service area. Emerged from bankrupty in 2002. Risky but with potential, IMO:
finance.yahoo.com