Banner
Rubber and Plastics

Carlisle Companies,Inc. (NYSE: CSL)
SELL HALF The stock is currently trading at levels above my most recent $78 fair value estimate, but below my most recent $124 close target. Please See Linked Worksheet
Posted on 03/11/18


Cooper Tire and Rubber Company (NYSE: CTB) – FYE 12/2017 SELL HALF The stock is currently trading at levels above my most recent $22 fair value estimate, but below my most recent $35 close target. Please See Linked Worksheet
Posted on 03/18/18


The Goodyear Tire and Rubber Company
It’s odd how you see something all of the time, but never really notice what you are seeing. That was the case for me as I went thru Goodyear’s latest 10-K. To me, it just seemed like sales should be higher. I mean $15B in world wide sales for a company that has been around since 1898? And one with an almost iconic brand name! I’m just having a hard time with that because it seems like it should be at least double that number. Looking at the numbers for FY 2017, I am not impressed. Sales grew 1%, but earnings were down by 65%, free cash flow was down by 51%, and debt grew by 5%. I realize the company is having issues with its operations in Venezula, but in the end, I just wonder why management is not going all out to maximize the Goodyear brand? It just seems to me if sales increased, some of the company’s earnings issues would improve, and if they didn’t it would time to relegate management to the big tire shredder in the sky.

The Goodyear Tire and Rubber Company (NYSE: GT) – FYE 12/2017 – SELL HALF – The stock is currently trading at levels above my most recent fair value estimate but below by most recent close target – Please See Linked Worksheet


Myers Industries, Inc. (NYSE: MYE) – FYE 12/2016


Tredegar Corporation (NYSE: TG) – FYE 12/2017 UNDER VALUED The stock is currently trading at levels below my most recent $64 buy target. Please See Linked PDF Worksheet
Posted on 04/08/18

Please note that worksheets are updated basis the most current SEC 10-K ANNUAL filing.