It was only public for what like 5yrs? Going private. The stock has made a nice move over the year. Little disappointed I will own no more.
S
Another 52 week high on this Infrastructure BEAUTY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
A
Made some money here
A
Still strong and holding way to $30
J
Secondary stock issuance before Labor Day. Debt-ridden, money losing company. No turnaround in sight as infrastructure is post-2020 event at best. Need to de-leverage the company and the only way is selling more stock. “New” management doesn’t mean no old problems. Goldman trying to do secondary deal above $5.00 so has to pump up the price prior. Goldman’s other note today was to sell CAT, a money-making company because the “industrial economy is slowing.” How does tgat square with “oh, let’s buy FRTA.” Get out or short quickly friends. I sold today.
A
Bradley continued, "In our Drainage segment, we delivered another quarter of margin improvement reflecting the benefit of higher selling prices and the strategic transactions completed over the last year. In our Water segment, we are now realizing higher selling prices and lower manufacturing costs that began to impact the quarter following the significant organizational changes that we announced at the end of July. These improvements and the strong market demand for ductile iron pipe support our outlook for the fourth quarter and our expectation for higher top-line and profitability in 2019."
B
Forterra upgraded to Outperform from Sector Perform at RBC Capital RBC Capital analyst Michael Dahl upgraded Forterra with a price target of $17, up from $15. The recent arbitration ruling is a "positive", while the sell-off last week following a secondary offering creates a "compelling" long-term buying opportunity, the analyst tells investors in a research note. Dahl adds that Forterra managment has taken "significant steps" to improve operations
B
Am I the only investor that owns more than just a few hundred shares other than the millions of shares owned by the stable large institutional investors? No news equates to way too much volatility on this thinly-traded stock.
B
Very nice performance, especially during these difficult times - The conference call was excellent.... I would expect upgrades within next week...
B
infrastructure spending to start in the fall of this year for water and drainage.
B
The good stuff will be in the conference call.
B
Dear Investors, following last week’s news on favorable arbitration results, we have just put out two more press releases this afternoon, announcing:
Lone Star Funds, our ~69% shareholder, has decided to sell 10 million of their shares (with a 15% overallotment) under the S-3 that was filed last December; and
We have notified our Term Loan administrator that we intend to prepay $100 million of the term loan on this Thursday, 9/17.
t
Predictions tomorrow?
B
This price is a GIFT !
j
This company reminds me of valiant. Tried to increase valuation through acquisitions and debt.
A
Don't understand why B from the hip erases the message, Information that I gave yersterday maybe is worth it to investors. This stock is the highest leveraged in my portfolio, the only reason that I'm holding is that information that I shared yersterday.
B
Buy now, I'm loaded in it.... It's 100% of my portfolio. It's going to $23 by the end of this year and $60 by the end of 2023....
m
How would tariffs affect frta?
B
just bought another 4000 shares. $23 in 2018...
A
lone star owns 70 % and right now they seat at minus 45% . Lone star has a loss of 187 million $$ , they own more than 45 million shares. one time lone star was 125% up and did not sell any shares . NO worries.
No news equates to way too much volatility on this thinly-traded stock.
Lone Star Funds, our ~69% shareholder, has decided to sell 10 million of their shares (with a 15% overallotment) under the S-3 that was filed last December; and
We have notified our Term Loan administrator that we intend to prepay $100 million of the term loan on this Thursday, 9/17.
This stock is the highest leveraged in my portfolio, the only reason that I'm holding is that information that I shared yersterday.
$23 in 2018...
one time lone star was 125% up and did not sell any shares . NO worries.