Replies to post #88116 on Savvy Trades and Investments

[maxluke1]

FRD - what's everyone's estimates here? I'm guessing around $7 trailing EPS by Q2 report this year, but maybe I'm way off.

Rough reasoning:
Q3 (Dec 31, 2020) EPS 0.30 (avg. $665 price/ton for steel coil)
Q4 (March 31, 2021) EPS 1.37-1.52 (est. avg. $900/ton)
Q1 (June 30, 2021) est. EPS ~2.25 (est. avg. $1200/ton)
Q2 (September 30, 2021) est. EPS ~3.00 (est. avg. $1400/ton)

There's really no precedent for these steel coil prices and I'm not sure what the contribution is from the new production line.

[RNsidersbuying]

FRD 14.80 - steady climb...is that you doing all the buyin, wade, or possibly some other institution deciding to grap-a-holt...