Today what you seen was a correction you know how a stock will run up in price then pull back some today that is what you seen and the sell off if you want to call 20k shares a sell off was nothing more then a correction a real quick down and it tested the lows and the lows held up really nice and ya seen how long it stayed down their what was it a few hours now the upside comes this stock bottomed out at 12.08 that was the bottom the chart is setting up now for really nice upside i suggest buying the stock at these levels go long on it its a good company with lots of growth potential and very well diversified and great management
The fact that the parent company owns 80% of the companies stock theirs a very low float on this stock and when institutions and mutual funds start to load up theirs not going to be much of a float left on this stock and with a company that is growing and expanding that means upside potentional i see lots more upside to this stock now as opposed to downside downside risk is very limimited most people that own this stock now are long term investors and i think that if others want in their going to have to up the ante at the current trading price with a PE under 7 its a steal even with a PE of 10 stock should be trading closer to 20$ this stock and company is serisouly undervalued key word here is growth...
Also i expect the company will start to pay down their debt and once they start to clean their balance sheet up this company will look very attractive as a take over target but i dont think that they will sell out instead they will be ones doing the buying as we just saw wish that they would upgrade the refinery to handle more crude runs hurricane saeson is here people and it only takes 1 this company also benefits when oil and gas prices fall as well cause then consumers have more disposable income to spend on higher profit margins in their stores so any pull back in oil and gas should be viewed as a posistive for this very well diversified company..
The earnings are great and talk about growth their thats really impressive this is a real company with real earnings i mean if you think about it at this price hell that would just cover the oil refiner that discounts the retail outlets and food distributor it will be intresting what this company takes over next...
be smart use your head go on fundamentals and reality and the fundamentals right now are pointing to a way over sold stock that is way to cheap and want stay at these levels for very long why do you think all these brokers are coming out saying over accumulate this company casue they know that the stock is just wayy to cheap you all have seen this happen before with other companies look at wnr i remeber when it was down at 15$ a share and i loaded up on it when everyone else was selling scared i held and sold out of that stock at 22$ a share you have got to look beyond these idiots selling this stock at these prices thats just stupid they dont have the will and foresight to see a bargain when its right in front of their eyes and they give it away buy and hold go long on this company and this stock...
The fact that the parent company owns 80% of the companies stock theirs a very low float on this stock and when institutions and mutual funds start to load up theirs not going to be much of a float left on this stock and with a company that is growing and expanding that means upside potentional i see lots more upside to this stock now as opposed to downside downside risk is very limimited most people that own this stock now are long term investors and i think that if others want in their going to have to up the ante at the current trading price with a PE under 7 its a steal even with a PE of 10 stock should be trading closer to 20$ this stock and company is serisouly undervalued key word here is growth...
Also i expect the company will start to pay down their debt and once they start to clean their balance sheet up this company will look very attractive as a take over target but i dont think that they will sell out instead they will be ones doing the buying as we just saw wish that they would upgrade the refinery to handle more crude runs hurricane saeson is here people and it only takes 1 this company also benefits when oil and gas prices fall as well cause then consumers have more disposable income to spend on higher profit margins in their stores so any pull back in oil and gas should be viewed as a posistive for this very well diversified company..
The earnings are great and talk about growth their thats really impressive this is a real company with real earnings i mean if you think about it at this price hell that would just cover the oil refiner that discounts the retail outlets and food distributor it will be intresting what this company takes over next...
be smart use your head go on fundamentals and reality and the fundamentals right now are pointing to a way over sold stock that is way to cheap and want stay at these levels for very long why do you think all these brokers are coming out saying over accumulate this company casue they know that the stock is just wayy to cheap you all have seen this happen before with other companies look at wnr i remeber when it was down at 15$ a share and i loaded up on it when everyone else was selling scared i held and sold out of that stock at 22$ a share you have got to look beyond these idiots selling this stock at these prices thats just stupid they dont have the will and foresight to see a bargain when its right in front of their eyes and they give it away buy and hold go long on this company and this stock...
June 21 (Reuters) - Oil refiner Delek US Holdings Inc. (DK.N: Quote, Profile, Research) on Wednesday said it agreed to acquire the refining assets and marketing business of Abilene, Texas-based Pride Companies L.P. and its affiliates for about $54.4 million in cash.
The acquisition is expected to expand its wholesale distribution of refined petroleum products in West Texas and enhance refinery operations in Tyler, Texas, Delek said in a news release.
The company also said the acquisition is expected to add to its financial results and was likely to close within 60 days.
Delek US, which went public in May, said it will fund the purchase, which excludes inventory, from its cash and cash equivalents, including the net proceeds from its initial public offering.
The deal comes almost a week after a unit of Delek agreed to buy 43 retail fuel and convenience stores from Fast Petroleum Inc.
In the latest transaction, the purchased assets include two refined petroleum product terminals in Abilene and San Angelo, Texas; seven pipelines of about 114 miles between the terminals which also serve Dyess Air Force Base; and storage tanks with a total shell capacity of more than a million barrels, Delek said.
In addition, the diversified energy company said it also acquired Pride's marketing and distribution business, which along with other exchanges markets about 21,000 barrels per day of refined products through its two owned terminals, the Aledo, Texas, terminal, and other terminals in Texas.
Delek will also get Pride's rights under its existing supply contracts for up to 27,350 barrels per day, it said
The acquisition is expected to expand its wholesale distribution of refined petroleum products in West Texas and enhance refinery operations in Tyler, Texas, Delek said in a news release.
The company also said the acquisition is expected to add to its financial results and was likely to close within 60 days.
Delek US, which went public in May, said it will fund the purchase, which excludes inventory, from its cash and cash equivalents, including the net proceeds from its initial public offering.
The deal comes almost a week after a unit of Delek agreed to buy 43 retail fuel and convenience stores from Fast Petroleum Inc.
In the latest transaction, the purchased assets include two refined petroleum product terminals in Abilene and San Angelo, Texas; seven pipelines of about 114 miles between the terminals which also serve Dyess Air Force Base; and storage tanks with a total shell capacity of more than a million barrels, Delek said.
In addition, the diversified energy company said it also acquired Pride's marketing and distribution business, which along with other exchanges markets about 21,000 barrels per day of refined products through its two owned terminals, the Aledo, Texas, terminal, and other terminals in Texas.
Delek will also get Pride's rights under its existing supply contracts for up to 27,350 barrels per day, it said
Value: Value is a measure of a stock's current worth. DK has a current Value of $26.44 per share. Therefore, it is undervalued compared to its Price of $14.00 per share. Value is computed from forecasted earnings per share, forecasted earnings growth, profitability, interest, and inflation rates
RV (Relative Value): RV is an indicator of long-term price appreciation potential. DK has an RV of 1.44, which is excellent on a scale of 0.00 to 2.00. This indicator is far superior to a simple comparison of Price and Value because it is computed from an analysis of projected price appreciation three years out.
DK has a forecasted Earnings Growth Rate of 32.00%, which is considered to be excellent.
Sales: DK has annual sales of $2,462,000,000
Sales Growth: Sales Growth is the Sales Growth Rate in percent over the last 12 months. DK has a Sales Growth of 188.00% per year. This is excellent.
Sales Per Share (SPS): DK has annual sales of $62.52 per share. SPS can be used as a measure of valuation when comparing stocks within an Industry Group.
This is a seriously undervalued company and has great growth potentional just look at the recent acuquistions they will add to earnings and cash flows more aquistions to come this stock is a screaming "BUY" have patiences and the market will bring this stock to its real market value i recommomend buy the stock at these levels at these levels we all know that its undervalued and the stock is a steal
RV (Relative Value): RV is an indicator of long-term price appreciation potential. DK has an RV of 1.44, which is excellent on a scale of 0.00 to 2.00. This indicator is far superior to a simple comparison of Price and Value because it is computed from an analysis of projected price appreciation three years out.
DK has a forecasted Earnings Growth Rate of 32.00%, which is considered to be excellent.
Sales: DK has annual sales of $2,462,000,000
Sales Growth: Sales Growth is the Sales Growth Rate in percent over the last 12 months. DK has a Sales Growth of 188.00% per year. This is excellent.
Sales Per Share (SPS): DK has annual sales of $62.52 per share. SPS can be used as a measure of valuation when comparing stocks within an Industry Group.
This is a seriously undervalued company and has great growth potentional just look at the recent acuquistions they will add to earnings and cash flows more aquistions to come this stock is a screaming "BUY" have patiences and the market will bring this stock to its real market value i recommomend buy the stock at these levels at these levels we all know that its undervalued and the stock is a steal
my only concern is the debt level they have which is rather high. Although it is good to carry some debt that is the only negative I see. It looks like with the acquisition that they are going to burn through the IPO money. I would like to see if they can lower that debt level. We shall see what happens I got in at $14.58.
OK yes this company does have debt i think though that through its recent aquistions and the fact that this company is pushing close to 3 billion dollars a year in revs i think that the debt is managable and that they will pay it down as it comes due i would like to see more money going towards paying down the debt some debt isnt bad but in general its good not to have much debt thats the only downside i see to this company to be honest that and a slowing economy but over all its a good strong company i think that they can manage the debt and will pay it down that was in the prospectus in the ipo and i think that they will start to pay down on that debt and i think that once that they start to clean their balance sheet up this company is a very strong growth company i like that and i am in this company for the long haul and from a tech anaystist this stock has some nice upside to it i mean lets be honest at 14.50 this stock is a steal is a freaking steal and i dounbt that it will ever see these levels again load up while you still can other wise you will get left behind and will look back and say why didnt i buy then i mean come on this is a bargain and we all know it this is a steal anyone selling at these prices is just plain stupid or dumb its highly undervalued and they dont got the patience to wait let em sell i wish it would go a little lower i would like to buy some more shares a little cheaper i only see upside from here with some weak downside corrections along the way view those as buying opps cause thats what they are from suckers who wants to sell out cheap take em for what they are
gl to all listen i am a realist and this company is undervalued i go on fundamnetals and reality and the reality is oil is going to stay high but this company has it coming and a going it a win win sistution peak oil is a reality wake up people this is a STEAL AND YOU KNOW IT BUY NOW while its steal cheap!
gl to all listen i am a realist and this company is undervalued i go on fundamnetals and reality and the reality is oil is going to stay high but this company has it coming and a going it a win win sistution peak oil is a reality wake up people this is a STEAL AND YOU KNOW IT BUY NOW while its steal cheap!
total debt is less than 10% of the yearly revenues including the new acquistions.
The new acquisitions should not increase debt either because Dk paid that with the IPO proceeds. and there's still should be about $60 Mil in cash left from the IPO offering.
all in all DK is a steal.
add the low float and HOLDING shares will make the gains.
Think leverage to the longs and this stock will run to the mid 20's in a short awhile. The little people get the power if we buy some and HOLD.
The new acquisitions should not increase debt either because Dk paid that with the IPO proceeds. and there's still should be about $60 Mil in cash left from the IPO offering.
all in all DK is a steal.
add the low float and HOLDING shares will make the gains.
Think leverage to the longs and this stock will run to the mid 20's in a short awhile. The little people get the power if we buy some and HOLD.
This looks like a good find dude. For the first 2 months, it looks like it's pretty much following oil prices yet it is still out performing the OIH which is a very good sign. Unless they announce the dividend or have some accqusition news, it should move hand in with the oil prices until they announce earnings in late August.
This looks like a spin off from a company from Israel.
Here is the website for the parent company.
http://www.delek-group.com/site/en/homepage.asp
This looks like a spin off from a company from Israel.
Here is the website for the parent company.
http://www.delek-group.com/site/en/homepage.asp
yahtzee..good call sport..
<TABLE id=yfncsumtab cellSpacing=0 cellPadding=0 width=580 border=0><TBODY><TR vAlign=top><TD width="100%" colSpan=3><TABLE class=yfnc_modtitlew1 cellSpacing=0 cellPadding=2 width="100%" border=0><TBODY><TR class=yfnc_modtitle1><TD><SMALL>DELEK US HOLDINGS (NYSE
K) Delayed quote data</SMALL></TD><TD align=right>
</TD></TR></TBODY></TABLE><TABLE cellSpacing=0 cellPadding=0 width=1 border=0><TBODY><TR><TD height=1><SPACER type="block" height="1" width="1"></TD></TR></TBODY></TABLE><TABLE class=yfnc_modtitlew1 cellSpacing=0 cellPadding=0 width=580 border=0><TBODY><TR><TD colSpan=5><TABLE cellPadding=1 width="100%"><TBODY><TR><TD>Pre-Market <SMALL>(RT-ECN)</SMALL>: 16.61
0.82 (5.19%)</TD></TR></TBODY></TABLE></TD></TR><TR vAlign=top><TD><TABLE class=yfncsumdatagrid cellSpacing=0 cellPadding=0 width=185 border=0><TBODY><TR vAlign=top><TD class=yfnc_datamodoutline1><TABLE cellSpacing=1 cellPadding=2 width="100%" border=0><TBODY><TR><TD class=yfnc_tablehead1 width="48%">Last Trade:</TD><TD class=yfnc_tabledata1><BIG>15.79</BIG></TD></TR><TR><TD class=yfnc_tablehead1 width="48%">Trade Time:</TD><TD class=yfnc_tabledata1>Aug 8</TD></TR><TR><TD class=yfnc_tablehead1 width="48%">Change:</TD><TD class=yfnc_tabledata1>0.00 (0.00%)</TD></TR><TR><TD class=yfnc_tablehead1 width="48%">Prev Close:</TD><TD class=yfnc_tabledata1>15.79</TD></TR><TR><TD class=yfnc_tablehead1 width="48%">Open:</TD><TD class=yfnc_tabledata1>N/A</TD></TR><TR><TD class=yfnc_tablehead1 width="48%">Bid:</TD><TD class=yfnc_tabledata1>N/A</TD></TR><TR><TD class=yfnc_tablehead1 width="48%">Ask:</TD><TD class=yfnc_tabledata1>N/A</TD></TR><TR><TD class=yfnc_tablehead1 width="48%">1y Target Est:</TD><TD class=yfnc_tabledata1>17.43</TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE></TD><TD noWrap width=5><SPACER type="block" height="1" width="5"></SPACER></TD><TD><TABLE class=yfncsumdatagrid cellSpacing=0 cellPadding=0 width=185 border=0><TBODY><TR vAlign=top><TD class=yfnc_datamodoutline1><TABLE cellSpacing=1 cellPadding=2 width="100%" border=0><TBODY><TR><TD class=yfnc_tablehead1 width="48%">Day's Range:</TD><TD class=yfnc_tabledata1>N/A - N/A</TD></TR><TR><TD class=yfnc_tablehead1 width="48%">52wk Range:</TD><TD class=yfnc_tabledata1>12.08 - 17.99</TD></TR><TR><TD class=yfnc_tablehead1 width="48%">Volume:</TD><TD class=yfnc_tabledata1>1,000</TD></TR><TR><TD class=yfnc_tablehead1 width="48%">Avg Vol <SMALL>(3m)</SMALL>:</TD><TD class=yfnc_tabledata1>240,892</TD></TR><TR><TD class=yfnc_tablehead1 width="48%">Market Cap:</TD><TD class=yfnc_tabledata1>803.54M</TD></TR><TR><TD class=yfnc_tablehead1 width="48%">P/E <SMALL>(ttm)</SMALL>:</TD><TD class=yfnc_tabledata1>8.10</TD></TR><TR><TD class=yfnc_tablehead1 width="48%">EPS <SMALL>(ttm)</SMALL>:</TD><TD class=yfnc_tabledata1>1.95</TD></TR><TR><TD class=yfnc_tablehead1 width="48%">Div & Yield:</TD><TD class=yfnc_tabledata1>N/A (N/A)</TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE></TD><TD noWrap width=5><SPACER type="block" height="1" width="5"></SPACER></TD><TD vAlign=center align=middle width=193>
<TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR><TD height=1><SPACER type="block" height="1" width="1"></TD></TR></TBODY></TABLE><SMALL>1d 5d 3m 6m http://finance.yahoo.com/q/bc?s=DK&t=</SMALL><TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR><TD height=10><SPACER type="block" height="1" width="1"></SPACER></TD></TR></TBODY></TABLE><TABLE cellSpacing=0 cellPadding=6 width="99%" border=0><TBODY><TR><TD vAlign=center align=middle><SMALL>Real-time charts for DK. Free Trial </SMALL></TD></TR></TBODY></TABLE>
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[audio] Delek US Holdings Earnings Conference Call (live today at 10:30 am ET)
</TD></TR><TR><TD height=3><SPACER type="block" height="3" width="1"></SPACER></TD></TR></TBODY></TABLE><TABLE class=yfncnhl cellSpacing=0 cellPadding=0 border=0><TBODY><TR vAlign=top><TD class=yfncnhlbl rowSpan=2>•</TD><TD>Delek 2Q Profit Jumps</TD></TR><TR><TD><SMALL>AP (Wed 8:39am) </SMALL></TD></TR></TBODY></TABLE><TABLE class=yfncnhl cellSpacing=0 cellPadding=0 border=0><TBODY><TR vAlign=top><TD class=yfncnhlbl rowSpan=2>•</TD><TD>DELEK US HOLDINGS, INC. Files SEC form 8-K, Results of Operations and Financial Condition</TD></TR><TR><TD><SMALL>EDGAR Online (Wed 8:05am) </SMALL></TD></TR></TBODY></TABLE><TABLE class=yfncnhl cellSpacing=0 cellPadding=0 border=0><TBODY><TR vAlign=top><TD class=yfncnhlbl rowSpan=2>•</TD><TD>Q2 2006 Delek US Holdings Earnings Release - Before Market Open</TD></TR><TR><TD><SMALL>CCBN (Wed 7:07am) </SMALL></TD></TR></TBODY></TABLE><TABLE class=yfncnhl cellSpacing=0 cellPadding=0 border=0><TBODY><TR vAlign=top><TD class=yfncnhlbl rowSpan=2>•</TD><TD>Delek Holdings quarterly profit, sales surge</TD></TR><TR><TD><SMALL>at MarketWatch (Wed 6:29am) </SMALL></TD></TR></TBODY></TABLE><TABLE class=yfncnhl cellSpacing=0 cellPadding=0 border=0><TBODY><TR vAlign=top><TD class=yfncnhlbl rowSpan=2>•</TD><TD>InPlay: Delek US Holdings beats by $0.18</TD></TR><TR><TD><SMALL>Briefing.com (Wed 6:18am) </SMALL></TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>
<TABLE id=yfncsumtab cellSpacing=0 cellPadding=0 width=580 border=0><TBODY><TR vAlign=top><TD width="100%" colSpan=3><TABLE class=yfnc_modtitlew1 cellSpacing=0 cellPadding=2 width="100%" border=0><TBODY><TR class=yfnc_modtitle1><TD><SMALL>DELEK US HOLDINGS (NYSE
K) Delayed quote data</SMALL></TD><TD align=right>
</TD></TR></TBODY></TABLE><TABLE cellSpacing=0 cellPadding=0 width=1 border=0><TBODY><TR><TD height=1><SPACER type="block" height="1" width="1"></TD></TR></TBODY></TABLE><TABLE class=yfnc_modtitlew1 cellSpacing=0 cellPadding=0 width=580 border=0><TBODY><TR><TD colSpan=5><TABLE cellPadding=1 width="100%"><TBODY><TR><TD>Pre-Market <SMALL>(RT-ECN)</SMALL>: 16.61
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</TD></TR><TR><TD height=3><SPACER type="block" height="3" width="1"></SPACER></TD></TR></TBODY></TABLE><TABLE class=yfncnhl cellSpacing=0 cellPadding=0 border=0><TBODY><TR vAlign=top><TD class=yfncnhlbl rowSpan=2>•</TD><TD>Delek 2Q Profit Jumps</TD></TR><TR><TD><SMALL>AP (Wed 8:39am) </SMALL></TD></TR></TBODY></TABLE><TABLE class=yfncnhl cellSpacing=0 cellPadding=0 border=0><TBODY><TR vAlign=top><TD class=yfncnhlbl rowSpan=2>•</TD><TD>DELEK US HOLDINGS, INC. Files SEC form 8-K, Results of Operations and Financial Condition</TD></TR><TR><TD><SMALL>EDGAR Online (Wed 8:05am) </SMALL></TD></TR></TBODY></TABLE><TABLE class=yfncnhl cellSpacing=0 cellPadding=0 border=0><TBODY><TR vAlign=top><TD class=yfncnhlbl rowSpan=2>•</TD><TD>Q2 2006 Delek US Holdings Earnings Release - Before Market Open</TD></TR><TR><TD><SMALL>CCBN (Wed 7:07am) </SMALL></TD></TR></TBODY></TABLE><TABLE class=yfncnhl cellSpacing=0 cellPadding=0 border=0><TBODY><TR vAlign=top><TD class=yfncnhlbl rowSpan=2>•</TD><TD>Delek Holdings quarterly profit, sales surge</TD></TR><TR><TD><SMALL>at MarketWatch (Wed 6:29am) </SMALL></TD></TR></TBODY></TABLE><TABLE class=yfncnhl cellSpacing=0 cellPadding=0 border=0><TBODY><TR vAlign=top><TD class=yfncnhlbl rowSpan=2>•</TD><TD>InPlay: Delek US Holdings beats by $0.18</TD></TR><TR><TD><SMALL>Briefing.com (Wed 6:18am) </SMALL></TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>
