InvestorsHub Logo
Followers 290
Posts 86766
Boards Moderated 64
Alias Born 02/06/2005

Re: None

Monday, 06/27/2016 12:33:04 PM

Monday, June 27, 2016 12:33:04 PM

Post# of 173936
NWHM

Brought some NWHM in the low 8.80's. Here is what I like.

1) I expect earnings for q2 to be in the .10-.20 range. So NWHM is a second half story, but it is a good growth story nonetheless.

2) I expect about $1.50 for fy 16 which means the stock is way too cheap I feel FV is around $15.

3) Trades under book value, so cheap from that perspective, isn't my reason why I'm buying it, but other would buy for that reason.

Conclusion: I think NWHM is very attractive after selling in the 11's when I took profits I decided to buy back in the upper 8's as I find the risk/reward very attractive again for the next 6-12 months at current prices in my opinion. 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

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.