Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next
Author: EngelvonChemie One star, 50 posts Old School Fool CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 5  
Subject: Re: Did anyone subscribe? Date: 7/12/2007 2:32 AM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
Can't say I took the deal for KBR shares.

Though I happen to be bullish on the success of the company it appeared at the debut of the IPO that the street felt the same in spades. That is, based on P/E 30, I don't feel that sufficient earnings growth could be had to justify the multiple.

Having said all that, I do believe KBR is positioned to prosper in the long term from renewed focus on liquefied natural gas monetization as KBR builds LNG plants. Moreover, there is a strong need for refinery construction and KBR has strength there also.

G&I unit is ultimately not so profitable. Perhaps KBR will ultimately spin-off this unit or sell to larger gov't contractor.

I'd be happy to pick up appropriately priced KBR shares,but haven't found my strike point yet.

A
--who doesn't closely follow KBR as he's focused on HAL.
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next

Announcements

2013 Feste Award Voting Begins!
Who will win the 2013 Feste Award? Vote now for the Fool that most exemplifies the Fool Community mission of Learning Together!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Tax Strategies

TMFPMarti-Feeling Good
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement