Insteel Industries, Inc. (IIIN)

Bleeding cash, orders (other than restocking) still declining, prices falling. CEO doesn't see turn around soon. Neither should investors.

Considering Book value, earnings, and market cap...this should beat the market in 5 years.

Great valuation

The construction industry will get a kick....soon

Set to rebound, we might go sideways for a bit, but, with infrastructure and a little boost from China this one will rock. I’ll play with hard money in the a.m.-regardless of the open. It’s a company that was a little off the rail way, however, I’ve dug deep and think there on track now. (Do your own research). If this doesn’t return 20% to 30% I will be very very surprised and depressed, because I’m going long and large

A chance for real growth...if your willing to hold on for a while.

My target for Insteel Industrie is 50.7. I used my new method for determining a fair P/E (based on G and K). The growth factor was extracted from the PEG found on the web. K was 10%. I hope it works!

GMX - Value, Industry, Obama, %14.72 Net Profit Margin, Williams %R

STEEL WIRE FOR CONCRETE CONSTRUCTION APPLICATIONS

Q4 and undervalue.

Fundamental analysis shows that this stock is highly undervalued, coupled with the decreasing price of oil and an economy that should rebound within the next 3-6 months, IIIN could double or triple its current price.

solid business, enough said about the financial strength. Steel is hardly used in home building but rather big construction project. if this economy gonna need to recover. the Government better invest into construction to start put some more liquidity back into the economy

Steel stock. Good money flow during consolidation, portends price movement upward.

small steel company with big upside. nice growth projections and no debt.

look at their ratios.... basically no debt. very SOLID business. only 20% in residential. cant construct anything without these guys. don't get suckered into trading on volatility, invest in this long term. high hopes for this, GTI, ICO and VIP

They make welded wire fabric for use as concrete reinforcement in the manufacture of concrete pipe, and for use as building mesh, and engineered structural mesh.

In addition they also make high carbon seven-wire strand that is used to transfer compression forces into precast concrete structures. steel wire reinforcing stuff used in construction projects, like rebar and wire mesh.

And the cool thing about this company is that 80% of the company's business is non-residential.

I liked the company's financials, very clean, with my very favorite being that the company had no debt. None, zero, zilch.

So based on the company's most recent 10-K dated 09/07, I added the stock to my watch list with a reasonable value estimate of $39.50, which put my buy target at $19.50, my first sell target at $38.50, and my close target at $41.50.

Again based on the company's latest 10-K from 09/07, the company has a PE of 9, a Return On Invested Capital of 20%, Free Cash Flow of $1.45, a Tangible Book Value of $7.86, and it pays a $0.12 per share annual dividend.

Based on a recent close of $11.36, the stock has first resistance at $11.74, a 3% increase from recent levels, second resistance at $16.43, a 45% increase from recent levels, and support at $10.00, a 12% decline from recent levels.

With all of that said, I believe that the stock has more upside potential than downside risk, so I'm adding it to my CAPS portfolio.

Wax

This "Looks Like" a trifecta! Value Company (Low forward P/E and EBITDA in the 4's), Buying back shares ($25MM announced today), in a strong-demand industry (Infrastructure).

Bad news yields good prices for great companies.

Good Matrix

bullish for a few days