XPO Stock
- Thread starter Lawrence
- Start date
At first glance, Express-1 stock (market symbol XPO) seems to be worth considering as a long term investment. The company is small but now happens to be run by a guy that has a vision to build it big and the experience and capital to make it happen.
It seems to me that he is not investing so much in Express-1 as in the gateway Express-1 provides to the vast and fragmented transportation industry and the starting point from which he will begin. Picking up Express-1 stock now would be a way for investors to ride Jacob's coattails as he builds the multi-billion-dollar company he intends to build.
It seems to me that he is not investing so much in Express-1 as in the gateway Express-1 provides to the vast and fragmented transportation industry and the starting point from which he will begin. Picking up Express-1 stock now would be a way for investors to ride Jacob's coattails as he builds the multi-billion-dollar company he intends to build.
I think the current stock price is over inflated....they've done nothing of value in the last 2 years to warrant a $2.00 plus jump.....
the article did say UP TO 150 million....who knows maybe 25? 50? depends on the way things go...or he could bail...
the article did say UP TO 150 million....who knows maybe 25? 50? depends on the way things go...or he could bail...
The press releases and the numbers therein on E-1's investor relations web site tell a different story.
I've followed their stock since I was there....Bounce and CGL is where the money is..
22% NET profit margin for expedite division which they were complaining was too low....in conference calls...They always said when it returned to the 25% range they'd consider returning the dime...
I have not followed the stock but a quick glance at their web site shows significant increases in earnings. You spoke first in this thread about the stock being overinflated. That is what I responded to. Clearly, earnings are on the rise. Specifics about the expediting component and your dime are another topic.
greg334
Veteran Expediter
If they are getting 22% margins, then they are doing better than most companies who operate at the 5 to 8% level. I think the discovery period yielded many possible benefits of the investment which may include shifting the focus to some other place in the market and dropping those things that has an uncertain future.
The other thing that comes to mind and I've asked this before, does E-1 have actual customers or are they providing the work through the supply channels like NLM?
The other thing that comes to mind and I've asked this before, does E-1 have actual customers or are they providing the work through the supply channels like NLM?
Yes they do have some...but the bulk is like on a first call basis...whirlpool with Penski comes to mind..at L-1 I've run Whirlpool for E-1....so whatever you call that arrangement...
I've seen the pricing list for WP posted on the dispatch desk...they have contract rates...what does that say...do they quote WP or Penske? I don't know.....
Eddie might know if they announced it on the last conf. call...they were doing like 17% NLM....
I also know had it not been for WP in 08 downturn...a lot would have been burned...they really kept us moving...
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