Showing posts with label Aluminum. Show all posts
Showing posts with label Aluminum. Show all posts

Sunday, July 15, 2007

Cathay Merchant Group, Inc.

Cathay Merchant Group, Inc. is an AMEX listed security that has been trading in a range between $0.23 and $0.77 over the past year. With 18,890,580 shares outstanding, a recent price of $0.45 gives a total market capitalization of $8,311,855. While there are certainly larger companies, Cathay Merchant Group, Inc. has definitely earned its place in the pack. Last year, Cathay Merchant Group, Inc. created $-0.09 in earnings for every share outstanding.

Cathay Merchant Group, Inc. is currently priced by the market at 0.00 times last year’s earnings. Many trading multiples around the world are quite attractive these days, but don’t be fooled. A Price to Earnings ratio of 0 simply means that the security didn’t make any money last year.

With a share price under $50 a share and earnings per share below $1 a share, Cathay Merchant Group, Inc. is unlikely to be an interesting value proposition.

Monday, July 2, 2007

Alcoa Inc

Alcoa Inc is among the world’s largest Aluminum sector businesses in the world. Alcoa Inc’s employees generate $2.302B in profits on $31.176B of revenue. Global output in the Aluminum business will likely rise substantially over the next 10 years. Long-term economic growth may lift all boats, but Alcoa Inc is determined to remain a market leader. Sectoral leadership in the Aluminum segment takes dedication and consistency, but management seeks out-sized growth.

Alcoa Inc’s ticker symbol AA has recently been trading near $41.22 a share. The Alcoa Inc corporate headquarters in New York, NY predicts Aluminum profits will satisfy shareholders in search of risk-appropriate returns.

The significance of market volume is sometimes ignored, but with a total market capitalization of $35.842B ensures sufficient liquidity. With a beta of 1.41, the company is more volatile than the market as a whole. When the average equity moves higher, Alcoa Inc moves more aggressively.