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Gonna break out of the channel
Seems to be in a channal 22 to 29
Nah..It started just about right,,,,,I like this obvuously long termm as well, especially this cheap...however its also an easy easy swing or daytrade..I suspect 50 bucks by April if not soner
Running even sooner than I thought if we break 30 shorts will start to cover IMO
FWLT on a great start for the New Year!!!!!!
u are right!!
jan and feb calls are going to be sweet.
i think we will be back at 30 min by mid jan!
I think we move hard to the up side here in about two weeks
Well i see we closed green today i think we run hard after the new pres. get in.
anytime Hummer!!!!!!!!!
Well Thanks Premier stocks very much so
nice buys Hummer!!
Well I added some more on the dip am looking like its getting ready for another run maybe we break 30 this time!
nope..redsoxnumba1 was the former one I used
Thank you PremierStocks.
Did you handle use to be Alvinray?
smart post....which is one of the reasons I am jumping on this badboy right here
my pleasure frenchee
anyone that's serving deserves a thank you
What a nice surprise to get your e-mail.
Thank you!
Thats is what a friend of mine told me before so I have stayed away for now shorting scares me enought I will never hold a short over the weekend again could not sleep LOL
i wouldn't suggest them then, but do read up on them
can be very profitable but also can get your clock cleaned
http://investorshub.advfn.com/boards/board.aspx?board_id=5176
I have never done calls or puts not quite sure how all that works I do have a margin if I knew how I guess I need to sit down and do a little dd on that
m adding monday and picking up some calls as well...
Ya I added some more Friday should fly very soon
amazing huh? one of the best company's...
oh yes indeed..applying for mod and will work on the box
surely is napolm
coming back Frenchee
Because it has lost 70% over the last year.
Foster Wheeler is likely to see a surge of investor interest the moment the Obama administration details its ambitious infrastructure revitalization program and it becomes crystal clear that FW stands to make a bundle from every aspect of that program.
We need to get his board going!!
I looked at the backlog.. and It is impressive!!! Great long term buy
Company Scores Remarkable Fundamental
Grades - MarketGrader currently has a BUY rating
on FOSTER WHEELER LTD (FWLT), based on a
final overall grade of 86.7 scored by the company's
fundamental analysis. FOSTER WHEELER LTD
scores at the 100th percentile among all 5229 U.S.
listed equities currently followed by MarketGrader.
Our present rating dates to November 9, 2007,
when it was upgraded from a HOLD. With an
overall grade of 86.7, FOSTER WHEELER LTD is the
highest graded company in the Construction & Engineering sub-industry, followed by PERINI
CORP (PCR), with an overall grade of 75.5. The stock has performed poorly in the last six
months in relative terms, down 59.36% compared with the Construction & Engineering subindustry,
down 34.19% and the S&P 500 Index, down 32.28%.
Best 3-Year Performer: Foster Wheeler
February 25, 2008
Buoyant energy markets and restructuring efforts helped make Foster Wheeler Ltd. a turnaround story.
Just a few years ago, the engineering and construction company was reeling from losses caused by unprofitable projects and high operating costs in the 1990s. It also faced thousands of claims related to its construction of asbestos-encrusted boilers through the 1970s.
Foster Wheeler was the worst 10-year performer in last year's Shareholder Scoreboard, with a compound average annual return of minus 21.6% for the decade through 2006.
Now, Foster Wheeler is the best three-year performer, with a compound average annual return of 113.8% for the three years through Dec. 31. A $1,000 investment in Foster Wheeler stock at the end of 2004 would have been worth $9,768 at the end of last year, compared with $1,282 for a similar investment in the Standard & Poor's 500-stock index.
THE JOURNAL REPORT
Best Performers (1, 3, 5, 10-Year)
Worst Performers (1, 3, 5, 10-Year)
• See the complete Shareholder Scoreboard report.Glimpses of change were evident in 2005 and 2006, when the stock returned 132% and 50%, respectively. In 2007, the return was 181.1%, making Foster Wheeler No. 8 among the best one-year performers in this year's Scoreboard.
"We are not done growing," says Raymond Milchovich, chairman and chief executive officer, who was brought in to turn around the company in late 2001.
Foster Wheeler has benefited from the increasing demand for oil, natural gas and petrochemicals, which are the industries the company serves. The firm also has a power unit, which develops boilers that use alternative fuels such as agricultural and animal waste as well as coal. Mr. Milchovich says he expects that unit to be a big driver of earnings this year.
The company's revenue and earnings jumped almost 60% in the first nine months of 2007. It expects to release fourth quarter and full-year 2007 results tomorrow.
Headquarters: Hamilton, Bermuda
CEO: Raymond Milchovich, since 2001
Market Cap: $11.14 billion
Revenue: $3.50 billion*
Net Income: $262 million*
*Fiscal year ended Dec. 29, 2006; 2007 results haven't been releasedThe company, which is based in Hamilton, Bermuda, and has operational headquarters in Clinton, N.J., does business in some 30 countries and gets nearly 80% of its revenue from outside North America. Hoping to further expand, the company has been hiring aggressively, cutting back on its debt -- to less than a fifth of the peak in 2002 -- and building up its cash reserves. "Number one priority for the cash...is acquisition targets," says Mr. Milchovich.
Challenges remain. Amid a U.S. economic slowdown and a potential global slowdown, energy demand may decline and stall some projects -- though Mr. Milchovich believes developing economies like China and India will keep demand for oil and other fuels high for a long time. Foster Wheeler stock has fallen 1.6% so far this year, adjusted for a 2-for-1 stock split last month.
The company still has pending liabilities from asbestos-related claims, around $399 million at the end of September, down from $445 million a year earlier. Mr. Milchovich says insurance is expected to cover about $336 million of those claims.
Investors are encouraged by the company's leadership. Shawn Driscoll, a stock analyst at money-management firm T. Rowe Price Group Inc., says managers have done a good job of picking appropriate projects and structuring contracts in a way that allows price increases as needed, thus keeping operating margins high. "This management team has really distinguished itself," says Mr. Driscoll. Several T. Rowe Price funds own the stock.
--Shefali Anand
This is a great stock...Foster Wheeler, which nearly buckled under a heavy debt load at the beginning of the decade, has flourished of late due to higher energy prices and higher demand. Its engineering and construction business is the architect for oil and gas development projects, refineries, and natural-gas liquefaction plants, while its power segment is a leading builder of coal-burning boilers. The latter booked $553 million in new business in the second quarter alone, up 41 percent from the same period a year ago...
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UPSTREAM OIL & GAS • LNG & GAS-TO-LIQUIDS • REFINING • CHEMICALS & PETROCHEMICALS • PHARMACEUTICALS, BIOTECHNOLOGY & HEALTHCARE • POWER | ||||||||
Copyright © 2009 by Foster Wheeler Ltd. All Rights Reserved. Terms & Conditions | ||||||||
Welcome To The Global Power Group
Welcome To The Global E&C Group As one of the world's most prestigious engineering and construction companies, Foster Wheeler has over 100 years of experience and dedicated highly skilled personnel providing services worldwide.We design, engineer and construct leading-edge processing facilities and related infrastructure for the upstream oil & gas, LNG and gas-to-liquids, refining, chemicals & petrochemicals, pharmaceuticals, biotechnology & healthcare, environmental and power industries. We have the flexibility and the strength to be able to deliver large or small projects successfully anywhere in the world. We offer a complete range of products and services to our clients:
We own industry-leading technology in delayed coking, solvent de-asphalting and hydrogen production processes, and have access to numerous technologies owned by others. We also provide international environmental remediation services with related technical, engineering, design and regulatory services. |
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