kingfuriousD

Michael Hernandez

Real Money Earned: $0.11
Location: Chicago, IL
Member Since: 4/04/08
Portfolio Total:$1,012,689.00

Stock Analysis: 8

Portfolio Start Date10/28/08
Annualized Return:0%
Total Return:1.3%

Add As Friend

Send Message

Stock Pick by Michael Hernandez

BZH: Ride Out the Storm

Start trading BZH with real money!

Rate Analysis

8 ratings

Posted 533 days ago on 6/06/08

Market call:BZH will go UP
Target: $30.00 on 6/06/08
Current: $4.72 (-25.55% from time of market call)

BZH's financial statements show that it is not leaving any time soon. In 2006 (their best year) BZH earned $611 million of operating profit. In 2007 BZH lost $606 million. In 2008 BZH is projected to lose $808 million. This is a tremendous value opportunity. Buy BZH while it's incredibly cheap, and wait a few years for it to double several times over. When should you buy it? Well, I'd say wait until around $6.00 per share. It's close enough to the 52-week low that it wont go down much more. (financial statements courtesy of morningstar.com)

Add a Comment

Comments

Sort: Date Posted | Member

Jacob King

Posted 6/24/2008, 1:14 pm

How do you know it's going to ride out the storm?

Dan Bohnyak

Posted 6/7/2008, 9:46 am

The thing is, is that if they are projected to lose 808 million this year, and it hasn't been half way through the year yet... And those numbers display a pattern of 200 million dollars in debt extra each year.

You might be right, but it is falling into deeper debt each year and it smells of bankruptcy. The only real way for it to regain it's former state is for the homing industry to get better itself, which it is not now.

Displaying 1 - 2 of 2

Subscribe to Stock Analyses Comments feed: