99% of the time it's announced in the headlines when a company reports their ER. It's highly unlikely they, or any other company, do it after their ER. Doesn't matter, let the shorts beat it up and give me/us a lower price to buy more.Hunter_812 said:
Prog, is there a chance that they would announce a split on the call tomorrow or would it have normally been included on the earnings release?
I'm just going to reiterate this. Earnings today caught the 55m EMA. Next up is the 89 which caught the April low coming in around $230 currently. Next support is $200 area which is also the weekly top Keltner band that it has repeatedly come back to after every push up since it first got over it in 2023. But if it gets that low, that's likely just a temporary low as the current bullish structure off the July low would be broken down, so it would need to form a new structure from that point and that would take some time, potentially taking us to next earnings before the next major run really gets underway. I'm not going to call a top, especially on a great company with no debt, but there's a good chance this is in correction and consolidation mode for a while.Heineken-Ashi said:Gap up on election followed by what would have been a shooting star candle on daily except it happened after hours and doesnt show up on daily. Stiff and relentless selling trapping breakout buyers. Support is $190-$225. It's at the 34 EMA right now which acted only as very temporary support in the March, June, and august selloffs. The 55 caught the April low and the 200 caught the July low. September found support halfway between the two.kyle field 94 said:Heineken-Ashi said:
POWL - Nearly $110 per share erased in 4 days.
$1.28B in market cap lost in 4 days.
Stock is still up 209% on the year.
Any news on this? I can't find anything
Maybe just ran too far too fast? Or did the elections have something to do about their future with renewables, solar etc
None of the recent drops happened this close to earnings. They all started well before and bottomed and turned back up before earnings. The last low to catch before earnings was January, but that was a sideways consolidation pattern leading into it, not a drop from a massive high.
Would be careful playing earnings. Could be another move to trap buyers.
Absolute monster in the Data Center game, but not sure what would have changed over the last 5 years for such growth unless they acquired, getting acquired, or have new technology.cgh1999 said:
Is anyone else in Vertiv VRT? This thing is on an absolute heater. Up over 100% since August.
You been great on POWL and sometimes I am too close to the electrical side that I didn't get in. If I was looking at gear, I would think ETN would be the most stable and it is up 50% over the last year compared to POWL golden egg. Eaton is such a diverse organization and taking market share. I know they are adding as much mfg capacity as possible to get lead times under 40 weeks, but no one can keep up on the gear side. They still have a massive electrical parts division that the others don't have besides ABB. I think Siemens is not ran as well and they just care about MSFT and TSLA orders mostly and ignoring the overall construction market. Schneider is a horse also, but not traded in US. They are up the same the last year as Eaton. Those 2 aren't slowing down anytime soon. ABB is similar to ETN but I think they are behind Eaton as a whole.ProgN said:
I don't see anything concerning with respect to POWL's ER tonight except the dumbasses didn't split their stock. The huge swing and hit AH is because of their tiny float. That's yet another reason that they should've split the stock and weaken the ability for shorts to manipulate the stock. They have zero debt, $1.3B backlog, expanding manufacturing capacity, and positive tailwinds for capex from O&G corporations post-election in the immediate future. If the shorts crush it, because of their low float, I will take advantage of their mistake and BTFD. This is my read on their ER today, but do you're own DD and I suspect that you'll have to act quickly if there's a hard spike down. That's not the time to debate with yourself. Now is when you picture that scenario and have that debate within yourself so you can be decisive.
Quote:
IM Integrated Shipping Services Ltd (NYSE:ZIM) shares are trading higher after it reported a third-quarter sales increase of 117% year over year to $2.77 billion, beating the consensus of $2.43 billion.
Revenue was driven by the increase in freight rates as well as carried volume. The cargo shipping company's carried volume in the quarter was 970 thousand TEUs, up 12% Y/Y. The average freight rate per TEU was $2,480 (+118% Y/Y).
Adjusted EBITDA escalated 626% Y/Y to $1.53 billion, with margins of 55% vs. 17% in the prior year quarter.
The Haifa, Israel-based company generated an EPS of $9.34, vs a loss of $18.90 last year, beating the consensus of $7.20.
Operating cash flow for the nine months was $2.60 billion, compared to $858 million a year ago. Capital expenditures were $50 million during the quarter versus $14 million a year ago.
ZIM's total cash position increased by $441 million from $2.69 billion as of December 31, 2023, to $3.13 billion as of September 30, 2024.
ZIM's net leverage ratio was 0.9x as of September-end, compared to 2.2x as of December 31, 2023.
Dividend: The Board of Directors declared a regular cash dividend of $340 million ($2.81 per share), representing 30% of third-quarter 2024 net income, and a special dividend of $100 million ($0.84 per share).
The total dividend of $440 million ($3.65 per share) will be payable on December 9, 2024, to shareholders of record as of December 2, 2024.
2024 Outlook: ZIM raised the adjusted EBITDA outlook to $3.3 billion $3.6 billion (from $2.6 billion $3 billion) and adjusted EBIT to $2.15 billion $2.45 billion (from $1.45 billion $1.85 billion prior).
Eli Glickman, ZIM President & CEO, said, "We will close out the year with the final delivery of the remaining four out of 46 newbuild containerships that we secured, which include 28 LNG-powered vessels. Entering 2025, we will be operating a fleet that is both well-equipped to meet emissions reduction targets and well suited to the trades in which we operate."
Quote:
CONFERENCE CALL
Powell Industries has scheduled a conference call for Wednesday, November 20, 2024 at 11:00 a.m. Eastern time. To participate in the conference call, dial 1-833-953-2431 (domestic) or 1-412-317-5760 (international) at least 10 minutes before the call begins and ask for the Powell Industries conference call. A telephonic replay of the conference call will be available through November 27, 2024 and may be accessed by calling 1-877-344-7529 (domestic) or 1-412-317-0088 (international) and using passcode 3321661#.
Investors, analysts and the general public will also have the opportunity to listen to the conference call over the Internet by visiting powellind.com. To listen to the live call on the web, please visit the website at least 15 minutes before the call begins to register, download and install any necessary audio software. For those who cannot listen to the live webcast, an archive will be available shortly after the call and will remain available for approximately 90 days at powellind.com.
I got stung here in the past. Be aware that there is a huge foreign tax on ZIM dividends and you don't get it back if it's in an IRA.Churlish Sambino said:
So ZIM is about to pay a $3.65 dividend per share on a stock that is $29 per share right now. I was already thinking about adding, so that pushes me over the edge.
There wasn't anything negative in POWL's conference call. Per the CEO/CFO FY25 looks like it will be another record year for POWL. Currently, revenue from data center build out is in low double percent of total sales but they expect it to increase with demand. They received the contract for a new LNG facility on the gulf coast. They have zero debt and will continue to expand capacity to address the $1.3B backlog.ProgN said:Quote:
CONFERENCE CALL
Powell Industries has scheduled a conference call for Wednesday, November 20, 2024 at 11:00 a.m. Eastern time. To participate in the conference call, dial 1-833-953-2431 (domestic) or 1-412-317-5760 (international) at least 10 minutes before the call begins and ask for the Powell Industries conference call. A telephonic replay of the conference call will be available through November 27, 2024 and may be accessed by calling 1-877-344-7529 (domestic) or 1-412-317-0088 (international) and using passcode 3321661#.
Investors, analysts and the general public will also have the opportunity to listen to the conference call over the Internet by visiting powellind.com. To listen to the live call on the web, please visit the website at least 15 minutes before the call begins to register, download and install any necessary audio software. For those who cannot listen to the live webcast, an archive will be available shortly after the call and will remain available for approximately 90 days at powellind.com.
If anyone has time and interested in listening in on their conference call at 10 am today, I bolded the information above.
I agree with your assessment.bigtoneag said:
I listened. Nothing major. Just a few notes.
Three cancelled orders. Analyst thought that was higher than normal but management wasn't concerned.
Data centers only represent about 10% of their business.
Cash pile building open so question about possible M&A. They're looking at it but still a long ways out.
I wouldn't expect them to ever split the stock. These guys seem laser focused on ops and execution.
They need better coverage imo. Analysts are not great.
I think it might come down to the 100DMA, so $230ish. I'm letting the smoke clear.Nagler said:
So what number are you looking at when snatching up some more?
We’re saved pic.twitter.com/h3592QTnix
— Not Jerome Powell (@alifarhat79) November 19, 2024
I love ETN as well. Actually, my very first mention of POWL on this thread also had my write up with ETN too. I'm not going to search for it because it was 2 years agoish, but it's there. That post was the first time that those two stocks were brought up and I gave my reasons of why I saw potential of them. If you're bored sometime, then you can search it out, it's on this thread somewhere. ETN is also a corporation that I like, but I decided that POWL offered us the best potential, so that's where my focus was.AgShaun00 said:You been great on POWL and sometimes I am too close to the electrical side that I didn't get in. If I was looking at gear, I would think ETN would be the most stable and it is up 50% over the last year compared to POWL golden egg. Eaton is such a diverse organization and taking market share. I know they are adding as much mfg capacity as possible to get lead times under 40 weeks, but no one can keep up on the gear side. They still have a massive electrical parts division that the others don't have besides ABB. I think Siemens is not ran as well and they just care about MSFT and TSLA orders mostly and ignoring the overall construction market. Schneider is a horse also, but not traded in US. They are up the same the last year as Eaton. Those 2 aren't slowing down anytime soon. ABB is similar to ETN but I think they are behind Eaton as a whole.ProgN said:
I don't see anything concerning with respect to POWL's ER tonight except the dumbasses didn't split their stock. The huge swing and hit AH is because of their tiny float. That's yet another reason that they should've split the stock and weaken the ability for shorts to manipulate the stock. They have zero debt, $1.3B backlog, expanding manufacturing capacity, and positive tailwinds for capex from O&G corporations post-election in the immediate future. If the shorts crush it, because of their low float, I will take advantage of their mistake and BTFD. This is my read on their ER today, but do you're own DD and I suspect that you'll have to act quickly if there's a hard spike down. That's not the time to debate with yourself. Now is when you picture that scenario and have that debate within yourself so you can be decisive.
CC09LawAg said:
Any other degenerate GME followers here?
Looks like there may be a big turkey in the oven for Thanksgiving.
ProgN said:I love ETN as well. Actually, my very first mention of POWL on this thread also had my write up with ETN too. I'm not going to search for it because it was 2 years agoish, but it's there. That post was the first time that those two stocks were brought up and I gave my reasons of why I saw potential of them. If you're bored sometime, then you can search it out, it's on this thread somewhere. ETN is also a corporation that I like, but I decided that POWL offered us the best potential, so that's where my focus was.AgShaun00 said:You been great on POWL and sometimes I am too close to the electrical side that I didn't get in. If I was looking at gear, I would think ETN would be the most stable and it is up 50% over the last year compared to POWL golden egg. Eaton is such a diverse organization and taking market share. I know they are adding as much mfg capacity as possible to get lead times under 40 weeks, but no one can keep up on the gear side. They still have a massive electrical parts division that the others don't have besides ABB. I think Siemens is not ran as well and they just care about MSFT and TSLA orders mostly and ignoring the overall construction market. Schneider is a horse also, but not traded in US. They are up the same the last year as Eaton. Those 2 aren't slowing down anytime soon. ABB is similar to ETN but I think they are behind Eaton as a whole.ProgN said:
I don't see anything concerning with respect to POWL's ER tonight except the dumbasses didn't split their stock. The huge swing and hit AH is because of their tiny float. That's yet another reason that they should've split the stock and weaken the ability for shorts to manipulate the stock. They have zero debt, $1.3B backlog, expanding manufacturing capacity, and positive tailwinds for capex from O&G corporations post-election in the immediate future. If the shorts crush it, because of their low float, I will take advantage of their mistake and BTFD. This is my read on their ER today, but do you're own DD and I suspect that you'll have to act quickly if there's a hard spike down. That's not the time to debate with yourself. Now is when you picture that scenario and have that debate within yourself so you can be decisive.
work with ETN often they have significant internal red tape that has to be navigated to get decisions made. The demand for their products is astonishing no denying that but they don't have the same operational focus, imo.ProgN said:I love ETN as well. Actually, my very first mention of POWL on this thread also had my write up with ETN too. I'm not going to search for it because it was 2 years agoish, but it's there. That post was the first time that those two stocks were brought up and I gave my reasons of why I saw potential of them. If you're bored sometime, then you can search it out, it's on this thread somewhere. ETN is also a corporation that I like, but I decided that POWL offered us the best potential, so that's where my focus was.AgShaun00 said:You been great on POWL and sometimes I am too close to the electrical side that I didn't get in. If I was looking at gear, I would think ETN would be the most stable and it is up 50% over the last year compared to POWL golden egg. Eaton is such a diverse organization and taking market share. I know they are adding as much mfg capacity as possible to get lead times under 40 weeks, but no one can keep up on the gear side. They still have a massive electrical parts division that the others don't have besides ABB. I think Siemens is not ran as well and they just care about MSFT and TSLA orders mostly and ignoring the overall construction market. Schneider is a horse also, but not traded in US. They are up the same the last year as Eaton. Those 2 aren't slowing down anytime soon. ABB is similar to ETN but I think they are behind Eaton as a whole.ProgN said:
I don't see anything concerning with respect to POWL's ER tonight except the dumbasses didn't split their stock. The huge swing and hit AH is because of their tiny float. That's yet another reason that they should've split the stock and weaken the ability for shorts to manipulate the stock. They have zero debt, $1.3B backlog, expanding manufacturing capacity, and positive tailwinds for capex from O&G corporations post-election in the immediate future. If the shorts crush it, because of their low float, I will take advantage of their mistake and BTFD. This is my read on their ER today, but do you're own DD and I suspect that you'll have to act quickly if there's a hard spike down. That's not the time to debate with yourself. Now is when you picture that scenario and have that debate within yourself so you can be decisive.
They didn't miss, their forward guidance missed the whisper number, but they exceeded expectation.Brian Earl Spilner said:
Seems like NVDA miss. This is gonna hurt tomorrow.
Yep. Bounced immediately.EnronAg said:
shakeout...we're going green unless we get bad guidance...
you were on point back then. I should have known better but I think I was looking for quick hitters and not the long game. Shame on me.ProgN said:I love ETN as well. Actually, my very first mention of POWL on this thread also had my write up with ETN too. I'm not going to search for it because it was 2 years agoish, but it's there. That post was the first time that those two stocks were brought up and I gave my reasons of why I saw potential of them. If you're bored sometime, then you can search it out, it's on this thread somewhere. ETN is also a corporation that I like, but I decided that POWL offered us the best potential, so that's where my focus was.AgShaun00 said:You been great on POWL and sometimes I am too close to the electrical side that I didn't get in. If I was looking at gear, I would think ETN would be the most stable and it is up 50% over the last year compared to POWL golden egg. Eaton is such a diverse organization and taking market share. I know they are adding as much mfg capacity as possible to get lead times under 40 weeks, but no one can keep up on the gear side. They still have a massive electrical parts division that the others don't have besides ABB. I think Siemens is not ran as well and they just care about MSFT and TSLA orders mostly and ignoring the overall construction market. Schneider is a horse also, but not traded in US. They are up the same the last year as Eaton. Those 2 aren't slowing down anytime soon. ABB is similar to ETN but I think they are behind Eaton as a whole.ProgN said:
I don't see anything concerning with respect to POWL's ER tonight except the dumbasses didn't split their stock. The huge swing and hit AH is because of their tiny float. That's yet another reason that they should've split the stock and weaken the ability for shorts to manipulate the stock. They have zero debt, $1.3B backlog, expanding manufacturing capacity, and positive tailwinds for capex from O&G corporations post-election in the immediate future. If the shorts crush it, because of their low float, I will take advantage of their mistake and BTFD. This is my read on their ER today, but do you're own DD and I suspect that you'll have to act quickly if there's a hard spike down. That's not the time to debate with yourself. Now is when you picture that scenario and have that debate within yourself so you can be decisive.
