3SOF

Couple of bad news in after market hours.. Feddie cut the dividend in half and wells fargo another feary news....

Lets hope the rally rather pull up continue..

N.A. Galvanizing Director Sells Shares
Monday May 7, 3:14 pm ET 
North American Galvanizing & Coatings Director John H. Sununu Sells 96,266 Shares.

here is my humble attempt to RNO analysis

Summary:
Graph show bullish trend.
No dillution in past 3 year.
Company has blow out 2006 full year EPS and increasing Net margin.
Balance sheet is bit weak as current ratio < 2. But it is more than 1. Like to see > 2
Increasing Revenue and has maintaining Gross margin.
P/S is 1.41, while industry has 10. Undervalued stock.
I found that this stock shall produce 30% return for next 10 year.
Short term bullish. Good outlook. Cheap stock.

Attachment has more details.

>That means an average annual share price increase of:

>$1.46 B*(X^10) = $26 B <=> X = 33.4%

David,
   I know you have mentioned the above formula for average share price increase. Could you please elaborate the formula and the factor and calculation goes into.

regards