Hello, Fool! | Login | Signup | My Fool
Dec 3, 2008 8:06 PM ET | Feedback | Site Changes | Help
The Company is a producer of nitrogen products and methanol. It also produces anhydrous ammonia, ammonium nitrate and nitrogen solutions in the United Kingdom.
View All Commentary (TNH)
Recs
ToddTracy (98.72) Submitted: 12/13/06 4:27 PM : Start Price: $27.22 TNH Score: 189.96
Gut call here. P/E seems high for a commodity chemical provider, but these guys have just been on fire since '03 (10 bagger!). Hope I'm not buying a peak here, but history seems to suggest the contrary.
Report this Post Replies: 1 | Reply | Permalink
Oops! There appears to be a problem with your comment. Check to see if there's something you left out.
stkwinguy (< 20) Submitted: 9/14/07 1:29 PM
Recs: 0 | Rec This
TNH is a dangerous stock. They have an incentive payment scheme where the management company will soon start getting 50% of the profit above a certain level. I think that level is 60 cents per quarter. This sweetheart giveaway program will severely limit EPS and EPS growth in the near future. When the incentive kicks in and reduces EPS, their PE will be way too high compared to the other fertilizer companies. The stock should slip to much lower prices in the near future.
Report this Post Reply