GBA Presents: THE GREEN MARKET

In 2021, 62.79% of net sales took place within the United States, whereas 16.45% took place in Europe, 13.17% in Asia-Pacific, 3.31% in Mexico, 2.23% in Canada, and 2.05% in the rest of the world. Therefore, the company has a certain degree of diversification in terms of the geographies where it generates sales.

Margins are on the floor as prices have not increased as fast as inflation while volumes remain low
The company uses large amounts of raw materials for the manufacturing process of its products, including nickel, cobalt, chromium, manganese, molybdenum, titanium, iron, and scrap containing the named alloys. Futures of cobalt have skyrocketed throughout 2021, accumulating a rise of practically 120%, and nickel futures increased by over 20% in 2021. Iron Ore prices doubled during the second half of 2020 and the first half of 2021 until collapsed during the second half of 2021.

Hummmmmm. Wonder if USAP or TX is better>?
 
saupload_4c12f92bacd5582a3025340ed797210c.png

USAP UNDER PERFORMS = OPPORTUNITY?
 
Most importantly, USAP is trading at a reasonable valuation. In terms of Price-to-Sales ratio, which is considered as one of the best valuation metrics, the stock looks quite cheap now. USAP is currently trading at 0.53 times its sales. In other words, investors need to pay only 53 cents for each dollar of sales.
 
Whilst it may not be a huge deal, we thought it was good to see that the Universal Stainless & Alloy Products, Inc. (NASDAQ:USAP) Chairman, Dennis Oates, recently bought US$75k worth of stock, for US$9.15 per share. However, it only increased their shares held by 7.3%, and it wasn't a huge purchase by absolute value, either.

The Last 12 Months Of Insider Transactions At Universal Stainless & Alloy Products
Notably, that recent purchase by Dennis Oates is the biggest insider purchase of Universal Stainless & Alloy Products shares that we've seen in the last year. That means that an insider was happy to buy shares at around the current price of US$9.17.

Folks I'm going to take a stab at USAP here**** STAY TUNED.
 
vanzandt said:
Stoney... newsflash dude. Pre-market trading opens at 4AM for those with IB.
Do you need me to post the time and sales tape?
It was $24 and change when I wrote that and it had 90K plus shares already traded.

And wtf does the Mexican stock market have to do with stocks on the AMEX which is where this one trades?
More...



ZZzzzzzzzzzz. They call 4:00 am the masturbation hour
 
You must log in or register to reply here.
Back
Top