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I'm amazed that this one still trades at

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value1008 Member Profile
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Current Report Filing (8-k) Edgar (US Regulatory) - 5/28/2020 8:52:26 AM
REX American Resources Reports Fiscal 2020 First Quarter Results Business Wire - 5/28/2020 7:00:00 AM
REX American Resources to Report Fiscal 2020 Q1 Results and Host Conference Call and Webcast on Thursday, May 28 Business Wire - 5/21/2020 10:00:00 AM
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Current Report Filing (8-k) Edgar (US Regulatory) - 3/26/2020 10:12:18 AM
REX American Resources Reports Fourth Quarter Diluted EPS of $0.70 Business Wire - 3/26/2020 7:00:00 AM
REX American Resources to Report Fiscal 2019 Q4 Results and Host Conference Call and Webcast on Thursday, March 26 Business Wire - 3/18/2020 3:00:00 PM
Amended Statement of Ownership (sc 13g/a) Edgar (US Regulatory) - 2/14/2020 1:35:26 PM
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Amended Statement of Ownership (sc 13g/a) Edgar (US Regulatory) - 2/4/2020 12:36:00 PM
Quarterly Report (10-q) Edgar (US Regulatory) - 12/5/2019 9:40:30 AM
Current Report Filing (8-k) Edgar (US Regulatory) - 12/4/2019 9:09:37 AM
REX American Resources Reports Third Quarter Diluted EPS Loss Of $0.32 Business Wire - 12/4/2019 7:00:00 AM
REX American Resources to Report Fiscal 2019 Q3 Results and Host Conference Call and Webcast on Wednesday, December 4 Business Wire - 11/26/2019 10:00:00 AM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 9/11/2019 2:38:41 PM
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Current Report Filing (8-k) Edgar (US Regulatory) - 8/29/2019 8:50:17 AM
REX American Resources Reports Second Quarter Diluted EPS of $0.36 Business Wire - 8/29/2019 7:00:00 AM
REX American Resources to Report Fiscal 2019 Q2 Results and Host Conference Call and Webcast on Thursday, August 29 Business Wire - 8/22/2019 7:00:00 AM
value1008 Member Level  Wednesday, 03/23/16 01:33:14 PM
Re: None
Post # of 926 
I'm amazed that this one still trades at such a high forward P/E.

Annualizing for 2016 the earnings from Q4, on the basis of the lower new share-count, would make for EPS in the 2.20s for 2016 according to my quick math calculation. How can that support a shareprice in the $50s?

People here will know i love the company, but the fundamentals on supply/demand for oilprices and, by extension, gasoline prices, and therefore ethanol prices, mean that all will likely stay low for most of 2016.

At some point, likely in late 2016 or more likely during 2017 oilprices will rebound as supply & demand balance out, and we should see gasoline and ethanol prices rise again. But that point is a long way off, it seems.



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