Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Spekulatius who wrote (66936)	3/19/2021 11:04:31 PM
From: Grommit	Read Replies (1) \| Respond to of 78958

OC. everyone assumes company outlook is determined by new housing. but surprising small % of sales is due to new housing. roofing, for example, 7% is new const while 84% is remodeling/repair. weather/storm repair is large portion of that, and is >2x size of new housing. might say it is more of a climate change (storm damage) investment than new housing investment. :o) (insulation is more affected by new construction than roofing.) overall company -- looks like new residential construction is only 13% of sales. FYI. PPL finally announced sale of UK utility business, and will be USA only. IMO, that will make it more appealing to USA investors. nice very low PE and 5.6% div. but future EPS growth uncertain with the changes. that is prob reflected in the low PE and high div. PPL presentation