What improvements would you like in Yahoo! Finance Message Boards? Please send us feedback.
Message Boards Settings Innophos Holdings Inc (IPHS) - Quote Info
Love it; Nearly doubled estimates      2-Nov-09 07:53 pm    
I was expecting IPHS to come in somewhere around $7-9 million in net profit for the quarter. At least that is what the analysts had been projecting, $0.38/sh for the quarter.

I see IPHS just posted $0.69/sh in earnings for July-Sept 2009. This is nearly double what I was expecting. These are great results. With $9 million per quarter, I was counting on a valuation of
10*(annual profit) + net tangible value or about 8*$36 million + $190 million = $478 million. Since there are 22 million shares, I figured we were a little undervalued below $22/sh.

Now they blew me away. I see that IPHS instead posted $15 million. And they posted far better balance sheet numbers. That puts my valuation at 8*$60 million + $220 million = $700 million. Since there are still only 22 million shares, I am revising my target to $32/sh. This is a great quarterly. Cash flow from operations was up to $40 million for the quarter! Shareholder equity is now up to $298 million with strongest balance sheet I have seen for IPHS. Admittedly, I am puzzled at why the mrket cap is only $420 million. It does not look like it will be there very long. Congrats!


Sentiment : Strong Buy
Rating :
 (1 Rating)
Rate it:
awful/not related to \pooraveragegoodexcellent

hildebrandt...

42/Male
Los Altos, ...


View Messages

Ignore User

Report Abuse

< Previous Message |   Next Message >
View: Simple | Summary | Expanded
As: Threaded | Msg List
Page 1 of about 1   First | < Prev | Next > | Last

Messages in Topic

Minimum rating: What's this?
  Subject Author Rating Time of Post (ET)  
 
Love it; Nearly doubled estimates
hildebrandt... (1 Rating) 2-Nov-09 07:53 pm  
 
you are right on target with your observations. ...
drinkyerwin... (1 Rating) 3-Nov-09 10:17 am  
 
Yes, fundy's are looking good. I'm not a TA/c...
johngg123 Rate it 7-Nov-09 01:14 pm  
 
Go, GO, GO! 300 @ ave. of 19.75
falconfligh... Rate it 10-Nov-09 10:30 am  
View: Simple | Summary | Expanded
As: Threaded | Msg List
Page 1 of about 1   First | < Prev | Next > | Last
< Newer Topic | Older Topic >

Innophos Holdings Inc (IPHS)

Chart for Innophos Holdings Inc (IPHS)
On Nov 27: 24.11 Down 0.31 (1.27%)
Symbol Lookup