Champion Enterprises, Inc. (CHB)
The Company and its subsidiaries produces factory-built housing in the United States and Canada. It also produces steel-framed modular buildings for use as prisons, military accommodations, hotels and residential units.
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worst 30days caps
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rally picks
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New Home sales will begin to rise after financials level off for financing.
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They make nice homes for a good price.
I like the UK move.
No one is going to be able to purchase those big homes that are in forclosure now and what baby boomer wants to spend time remodeling or knocking out walls.
Baby boomers looking to retire and can afford these easy to maintain homes on their own property or in a park and the are easier to make wheelchair friendly.
They are energy efficient.
True to don't appreciate in value but, when you are a boomer looking for a ranch, these are a nice alternative.
Nice replacement for a natural disaster?
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Housing market continues to slide down. TA shows no strength on sustaining current level.
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Other than the typical cycling I see CHB as a sideways move for the the next year or so while the financial world works out the latest lending crisis.
As an industry insider I do see a growing excitement in the "Modular" side of things with growing interest in multi unit projects. I believe this will be what keeps things on a somewhat even keel for the next year or so and developing into the new growth cycle for the industry. Meanwhile I guess I'll see what I can harvest out of the market noise on this one.
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Negative Earnings and debt greater than equity- unpopular stocks are better investments
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THE MORE PEOPLE THE MORE HOUSING NEEDED THIS SEEMS TO BE MORE APPEALING THAN THE OLD HAMMER AND NAIL GUYS...
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Mobile home manufacturer..... FEMA is finished, mobile home sales slump, most consumers look at modular homes just glorified mobile homes.... weak stock in weak industry... looking for 6 but may touch 5.
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Housing sales at lows, but Champion is posting good numbers. Good product will take them far
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CHB made a profit last quarter and met expectations in a lousy housing market. Their focus on affordable modular housing will help them continue their rebound.
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recently had to buy a new house (trashed in new orleans). Modular homes are clearly superior to stick built from a cost / time / quality perspective. They've made large in roads into the new housing business in different parts of the country but the room to grow is tremendous. As soon as the public becomes educated on the quality and stops confusing modular homes with mobile homes this will be a very very good business. I think this is a long term hold because its hard to predict when the word will get out.
Saw a pitch that said something about low end homes. These things are also made to the tune of $300k. its not just low end.
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one down, eighteen up. need to say more?
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stock has recently been beat down, recent contract for temp housing with new orleans. strong balance sheet.
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Its at a low, good numbers, good management, gov't contracts, and I think low end housing is going to move up.
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Federal money for Katrina relief will result in significant increases in orders for manufactured housing over the next 2 years

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