Simpson Manufacturing Co, Inc. (SSD)

Manifest (67.65) Submitted: 9/14/06 8:00 PM : Start Price: $25.76 SSD Score: -8.00

Simpson makes connectors, things that hold drywall and wood and plastic and metal framing together. The current P/E is 11x. The median P/E for the trailing 5 years is 19.2x. Going back 10 years, the P/E has averaged 15x. With a sales growth forec...

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TMFPlatoish (29.28) Submitted: 10/15/06 11:10 AM : Start Price: $25.54 SSD Score: -7.32

Simpson has strong brands and is trading at a historically low valuation relative to future growth and current earnings. The forward growth thesis relies on the continued strengthening of local building codes in terms of wind shear and seismic safety...

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DrunkenScotsman (< 20) Submitted: 2/18/07 1:22 PM : Start Price: $32.91 SSD Score: -17.96

1. Returns are strong with ROE averaging 17.3% and ROTC at 14.7%
2. Earnings have increased steadily over a 10 year period with EPS growing at a compounded annual rate of 18.73% and average owner earnings compounding at 16.49%
3. Average long term de...

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Patrick6k (< 20) Submitted: 10/07/06 11:26 AM : Start Price: $25.65 SSD Score: -5.36

As many of you may have already guessed, I'm a huge fan of Peter Lynch and his style of investing. Simpson Mfg Co is right up his ally, and as a result, it's right up my ally. It's totally boring and better yet it makes piles of money. This compa...

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goalie37 (45.71) Submitted: 12/06/06 3:00 PM : Start Price: $30.52 SSD Score: -14.87

Great financials, nice moat with builders and building codes specifically requiring their products, lots of inside ownership, no share dilution, little debt. May be a while before stock reflects this.

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sheftall (< 20) Submitted: 1/17/07 10:33 PM : Start Price: $30.04 SSD Score: -12.84

Simpson holds about 95% share of the market in manufacturers of wood ties in residential construction (little competition). After Katrina, home insurance companies don't want to pay out for damages and they inturn lobby government to improve/streng...

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joestera (< 20) Submitted: 10/18/06 10:47 PM : Start Price: $25.94 SSD Score: -8.41

I sell more and more simpson products every year in the residential building industry. The stock has done well over the years yet insiders still own over 20% of the company. I think this company has the makings of a great investment for years to come...

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kurtdabear (99.24) Submitted: 12/19/07 9:47 PM : Start Price: $26.28 SSD Score: -0.34

Simpson is a fine little company that has a long history of good management and profitability. I'm thoroughly familiar with them, having first read their prospectus when I worked on their IPO. Unfortunately, it simply relies too much on construction...

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DRP451 (74.61) Submitted: 1/26/07 1:20 PM : Start Price: $30.90 SSD Score: -15.29

20 years ago I worked in a lumber yard and Simpson was the best product available and we special ordered them for contractors. Today the are still the best, they are typically the only metal tie specified by Architects and Engineers and Home Depot s...

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slbutton (99.86) Submitted: 3/05/08 11:39 AM : Start Price: $26.28 SSD Score: 0.31

I think the whole housing mess is likely to get worse before it gets better. That said, I'll be looking to pick up a few outstanding companies on the cheap while they're suffering in the short term: USG, Fastenal, and Simpson. Simpson's connectors ar...

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