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

To: Madharry who wrote (69572)	1/22/2022 11:02:34 AM
From: E_K_S	Read Replies (2) \| Respond to of 78471

I started a very small tracking position in Dana Inc (DAN); It's another play in the auto sector Dana Inc. is a provider of technology driveline, sealing and thermal-management products. The company's operating segment consists of Light Vehicle Driveline Technologies, Commercial Vehicle Driveline Technologies, Off-Highway Driveline Technologies and Power Technologies. It operates primarily in North... You had mentioned that Icahn is also an investor. I like that their driveline also goes into EV's. ----------------------------------------------- Re: Home Builders; I added to my truss manufacturer Friday Builders Firstsource (BLDR) Looks like I was early on my other small buy but like that they have an 8 month to 1 year back log. Materials are going up but that does not seem to stop the order coming in. I wonder if their margins get squeezed if they take in an order at a fixed price and lumber prices move higher by the time they make delivery? I like that they are a US domiciled company, have real tangible products they manufacture (facility in MN). I only wish I discovered them 5 years ago; +375%

To: Madharry who wrote (69572)	1/22/2022 11:49:50 AM
From: JohnyP	1 Recommendation Recommended By Lance Bredvold Read Replies (1) \| Respond to of 78471

When broad decline starts everything falls due to liquidations etc. I view what is happening as healthy for the market and bubbles popping. That being said I'm very wary of homebuilders. For one, China real estate is crumbling and there has been wild speculation worldwide in housing over the past decade. I was in Greece during the Christmas-new Year holiday and the building activity in Athens is way above 2007 and the prices are so high that make no sense. Cheap money coming from northern European companies (eg. Ten Brinke) have picked up the building activity there, but the prices are way above anything a Greek worker can pay. They all think that rich people from abroad will be buying these properties or wealthy locals, but I am too sceptical. I think rising rates will prick the Real Estate bubble worldwide and it will not take much of those to do that either. I wouldn't want to be in property developers this close to a recession. My pick for these volatile times is FLTDF (Flow Traders) which should be doing way better in 2022 already.

To: Madharry who wrote (69572)	1/22/2022 12:35:42 PM
From: Paul Senior	Read Replies (1) \| Respond to of 78471

I like CLF at current price, and I added to my few shares Thur. and Fri. Iron ore mining plus steel making and now a scrap steel business. May be good if infrastructure improvement takes off and/or if vehicle production increases. Low. p/e (Which is guess is expected from a steel company.) Yahoo shows forward p/e under 4x. That would be pretty low. Stock now lower than what insiders were buying at in November.

To: Madharry who wrote (69572)	1/22/2022 2:14:18 PM
From: Paul Senior	Respond to of 78471

Homebuilders. I hold shares in various. The stocks are down on analysts' anticipated interest rate increases which would crush affordabilty and demand. And concerns about nation's economic growth. I've found the downside of housing stocks to be harsh- quick and deep. Right now it looks like homebuilders are still building, still have a backlog of housing. I am hoping that buyers won't back out of contracts (assuming they've already locked in mortgage rates). IF interest rates don't rise too much, builders might be able to work on entry level housing costs/designs and that might sustain stock prices. I am adding to CCS. It has a low p/e (which may me nothing if demand does drop), they operate in diverse markets (housing prices and geographically). finance.yahoo.com I may exit all these positions if the stocks fall much further.