ALY

[sebfr]

hi,

If you want to buy stocks, so you have a good candidate with ALY. Few risk...

Look at chart..

[la-onda]

fyi:
Allis Chalmers Energy upgraded to "outperform"

Monday, August 21, 2006 8:50:36 AM ET
RBC Capital Markets

NEW YORK, August 21 (newratings.com) - Analyst Victor Marchon of RBC Capital Markets upgrades Allis Chalmers Energy Inc (ticker: ALY) from "sector perform" to "outperform," while raising his estimates for the company. The target price has been raised from $17 to $23.

In a research note published this morning, the analyst mentions that the company's business momentum is expected to continue in 2H06 and 2007. Allis Chalmers Energy is likely to continue to realize benefits from recent acquisitions going forward, the analyst says. The EPS estimates for 2006 and 2007 have been raised from $0.78 to $1.73 and from $1.14 to $2.10, respectively, to reflect upside in the 1H06 results and expectations of improved performance across business segments going forward.

[la-onda]

Allis-Chalmers 4Q Profit Surges
Thursday March 8, 4:00 pm ET
Allis-Chalmers Energy 4th-Quarter Profit Increases Sharply, Shares Rally

HOUSTON (AP) -- Oil field services provider Allis-Chalmers Energy Inc. on Thursday said fourth-quarter profit surged roughly fourfold, as acquisitions broadened the scope of the company's business and drove sales sharply higher.

The improved results, and a forecast for growth in first-quarter per-share earnings, sent the company's stock up more than 10 percent.

Allis-Chalmers shares jumped $1.60 to $17.33 in afternoon trading on the New York Stock Exchange. Shares traded at a 52-week low of $9.80 in July and climbed to a year high of $25.55 in December, but have plummeted 38 percent since that peak.

Net income grew to $10.4 million, or 40 cents per share, from $2.5 million, or 14 cents per share, in the year-ago quarter. Revenue swelled to $114.1 million from $33.5 million as the company acquired five new businesses over the past year. The new additions expanded the company's customer base, operating locations and product and service offerings, Allis-Chalmers said.

Analysts on average forecast profit of 38 cents per share on $134.9 million in sales, according to a poll by Thomson Financial.

Full-year earnings increased to $35.6 million, or $1.66 per share, from $7.2 million, or 44 cents per share, in 2005. Annual revenue jumped to $307.3 million from $105.3 million.

The company also forecast first-quarter earnings growth. Allis-Chalmers projects per-share earnings of 33 cents to 37 cents in the first quarter, compared with 23 cents a year ago.

&
latest analyst comments:
Allis Chalmers Energy initiated with "buy"

Thursday, December 21, 2006 1:54:32 AM ET
A.G. Edwards & Sons

NEW YORK, December 21 (newratings.com) - In a research note published yesterday, analysts at AG Edwards initiate coverage of Allis Chalmers Energy Inc (ticker: ALY) with a "buy" rating. The target price is set to $28.

[la-onda]

nice ALY chart update 

cheers
Oliver

[setravis]

Nice move with some volume....


52wk Range: 0.71 - 18.50
Volume: 1,014,791
Avg Vol (3m): 375,426

Technicals
Percentage Gainer

Last Price Quote is:
5.17%above 13-day MA
-47.57%below 50-day MA
RS Rating: 3 

Fundamentals
Key Data:
Market Cap (M): $36.39 
P/E Ratio: 1.88 
PEG Ratio: 0.0818182 
Next Earnings: 05/06/2009
Last Analyst Rating: Sector Perform

[setravis]

Law Offices of Howard G. Smith Announces Investigation on Behalf of Shareholders of Allis-Chalmers Energy Inc.

Press Release Source: Law Offices of Howard G. Smith On Friday August 13, 2010, 8:30 pm EDT
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that it is investigating potential claims against the board of directors of Allis-Chalmers Energy Inc. ("Allis-Chalmers" or the "Company") (NYSE:ALY - News) related to the Company's agreement to be acquired by Bermuda-based Seawell Limited ("Seawell"). The proposed transaction is valued at approximately $890 million, including assumed debt.

Under the terms of the definitive merger agreement entered into by the parties, Allis-Chalmers shareholders will have the right to elect to receive either $4.25 per share in cash or 1.15 Seawell common shares for each share of Allis-Chalmers common stock they own, subject to proration if more than 35% of the shares elect to receive cash. The transaction is anticipated to close by the end of the 2010 calendar year. The investigation concerns possible breaches of fiduciary duty and other violations of law related to approval of the proposed transaction by Allis-Chalmers' board of directors.

If you own shares of Allis-Chalmers, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at 215-638-4847, Toll Free at 888-638-4847, or by email to [email protected], or visit our website at http://www.howardsmithlaw.com.


Contact:
Law Offices of Howard G. SmithHoward G. Smith, Esquire215-638-4847888-638-4847howardsmith@howardsmithlaw.comwww.howardsmithlaw.com

[setravis]

Faruqi & Faruqi, LLP Announces Investigation Related to the Acquisition of Allis-Chalmers Energy Inc. - ALY

Press Release Source: Faruqi & Faruqi, LLP On Friday August 13, 2010, 8:26 pm EDT
NEW YORK--(BUSINESS WIRE)--Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Allis-Chalmers Energy Inc. ("Allis-Chalmers" or the "Company") (NYSE: ALY - News) for potential breaches of fiduciary duty in connection with their conduct related to their attempt to sell the Company to Seawell Limited. Under the terms of the transaction, Allis-Chalmers shareholders will have the right to elect to receive either $4.25 in cash or 1.15 Seawell common shares for each share they own, subject to pro-ration if more than 35% of the shares elect to receive cash, placing the total value of the transaction at approximately $890 million (including assumed debt). Shares of Allis-Chalmers' existing preferred stock will be treated as common stock on an as converted basis. The combined company is projected by analysts to have estimated revenues of $1.3 billion and EBITDA of $195 million in 2010. The merger is conditioned, among other things, on the listing of Seawell on the Oslo Bors or the London Stock Exchange and Seawell raising no less than an additional $100 million in equity. In particular, Allis-Chalmers stock traded at $4.57 per share as recently as January 14, 2010 and at least one analyst set a price target for Allis-Chalmers stock at $7.00 per share.

Whether the Allis-Chalmers' Board of Directors breached their fiduciary duties to Allis-Chalmers stockholders by failing to conduct an adequate and fair sales process to sell the Company prior to agreeing to this proposed transaction, whether the proposed transaction undervalues Allis-Chalmers shares and by how much this proposed transaction undervalues the Company to the detriment of Allis-Chalmers shareholders are the key focus of this investigation. Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, through all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm's clients.

If you own common stock in Allis-Chalmes and wish to obtain additional information, please visit us at http://www.faruqilaw.com/allis-chalmers or contact David H. Leventhal, Esq. either via e-mail at [email protected] or by telephone at (877) 247-4292 or (212) 983-9330.

Attorney Advertising. (C) 2010 Faruqi & Faruqi, LLP. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We are happy to discuss your particular case.


Contact:
Faruqi & Faruqi, LLP369 Lexington Avenue, 10th FloorNew York, NY 10017Attn: David H. Leventhal, [email protected] Free: 877-247-4292Phone: 212-983-9330