James Hardie Industries N.V. (ADR) (JHX)

mrindependent (98.90) Submitted: 9/8/2009 3:46:53 PM : Start Price: $31.16 JHX Score: -5.69

James Hardie produces fiber sement building products in the US, Australia and Europe. The company's price has tripled over the last six months (because????). At this point, James Hardie's market cap is $2.71 BB, the company has utilized all of its debt capacity and it has an unfunded asbestos liability of $658 million. By comparison, the company earned about $130 million last year. Estimated 2010 earnings are $0.82 per share and estimated 2011 earnings are $1.26 per share. The current share price of $32.19 seems unsustainable. Caps 2, Stockscouter 4.

ozigloo (23.27) Submitted: 4/8/2008 6:01:20 PM : Start Price: $29.34 JHX Score: +37.00

The way I see it the housing market can only go up from here. I could try to time it more closely but the administration has shown that they will put a floor under this drop and that is enough for me!

steadycam (< 20) Submitted: 9/24/2006 10:40:01 PM : Start Price: $25.53 JHX Score: +49.95

asbestos charge off was last year and is major player in Gulf coast recovery. Has more orders than it can fill for the next 2 yrs.Good choice for hot climates.