thejoery92
Legacy Member
coldvinc zei:
Carbo cerramics, ticker CRR.
Carbo Ceramics navigates the shifting sands of the fracking world - The Globe and Mail Published 31 october 2014
* Carbo is the only publicly traded North American company to focus on ceramic proppants, which are smoother and stronger than sand and have been widely believed to improve well performance.
* The expectation of the market is that Whiting’s going to get in there when they have control of Kodiak and change all their completions to sand from ceramics,” says analyst Marc Bianchi of Cowen & Co., who adds Whiting’s comments about the deal make this proposition “debatable.”
* Mr. Bianchi is neutral on Carbo shares, but not because of the sand issue, which he says “investors are incorrectly placing too much emphasis on.”
* But once that market settles, he says, Carbo becomes “pretty interesting” because of its new-product pipeline, which includes its Kryptosphere product, a new ceramic that will supposedly be the strongest yet, suitable for improving offshore wells. The technology behind Kryptosphere may also allow Carbo to strengthen the ceramics it now makes from kaolin clay.
* There’s a twist in the ending, however: Sand bulls and ceramic bears were surprised by Carbo’s earnings report Thursday, in which revenues were stronger than many expected, and management expressed confidence in the future use of ceramics. While Carbo’s shares didn’t jump, the sand companies all showed high single-digit declines – making them even more appealing for those who think the end of ceramics dominance is near.
Carbo Ceramics - Recent Sell-Off Overdone And 60% Upside Exists - CARBO Ceramics Inc. (NYSE:CRR) | Seeking Alpha Published 3 november
* Carbo Ceramics reported solid results last week, but the shares are down by more than 60% since the end of June.
* The company is facing competitive challenges and the recent declines in energy prices have put further downward pressure on the shares.
* However, Carbo Ceramics possesses a pristine balance sheet, which is a significant benefit to potential equity investors.
* The recent sell-off has also caused the stock's dividend yield to increase to an appealing 2.5%.
* A DRAG analysis demonstrates that the shares appear undervalued by as much as 60%, and this creates a compelling opportunity to patient investors.
http://csinvesting.org/wp-content/uploads/2014/11/Down-and-Dirty-on-CRR-on-November-14.pdf Published 7 noverber 2014
Quick valuation and process by valueline
De aandelen zijn momenteel zwaar undervalued en de toekomst ziet er goed uit voor dit bedrijf. Nu alleen nog wachten op de pulback en die komt er na deze artikelen te gelezen hebben.
Ik hou het nieuws nauwlettend in de gaten van Carbo Cerramics Inc.
Lijkt mij een typische overreactie in de aandelenprijs, maar sta niet direct te springen om een airline te kopen.