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Re: None

Friday, 05/13/2016 2:41:20 PM

Friday, May 13, 2016 2:41:20 PM

Post# of 173724
NWHM

I brought a little NWHM, I think this Homebuilder now that it has gotten beaten up in the 8.80's is very attractive. here is what I like.

I realize NWHM q1 is nothing great to look at, and I expect q2 to be in the range of .10-.20. This company is backend loaded with their earnings (as always), so you need to look in term of annual numbers to get how cheap it is. I expect earnings to be in the $1.50-1.65 range for the fy year, which is way up from last year if you factor in the higher weighted share count.

Backlog was up significantly sequentially and y/y, and the rsi is about 20 right now, so very oversold. Overall I like NWHM at current prices, and will add more on weakness. All is just my opinion, and I could always be wrong though.

---All above is just my humble opinion.
And I could always be wrong.
And as always do your own DD.---
http://www.investorshub.com/boards/board.asp?board_id=5316

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