Comments for OI - Stockpickr! Your Source for Stock Ideas

Comments for OI

Added By	Comments	Type	Date Added
barrons3	Cramer said glass and composite makers also benefit. Owens Corning (OC) gets a 24-cent-a-share boost to its earnings from a $1 drop in natural gas, while Owens Illinois (OI), no relation, get a 10-cent boost.	Love	September 17, 2009
barrons3	At that price, there is so much good that can happen in expanding margins of the many companies that use natural gas, mostly chemical companies such as Dow Chemical (DOW) and PPG Industries (PPG) but also any company involved in acquiring plastic or its derivatives, certainly glass makers such as Owens-Illinois (OI), which has skyrocketed, and, of course, utilities.	Love	August 20, 2009
supratrade	. The glass maker's forecast was increased by Citigroup sending shares higher	Love	June 22, 2009
Stockpickr Staff	"There are tons of real beats out there. I didn't expect Owens-Illinois (OI) to do that well, for certain. ... Dow Chemical (DOW) obviously had a lot of fat. ... Everyone's saying now that April's been pretty darned good. ... Taiwan Semi's (TSM) a monster, and a great play on China." (<a href="http://jimcramer.rmblogs.thestreet.com/entry.aspx?q=27bba2e1-5ea2-4601-86ae-9bfb00975fe0" target="_blank">"Flu Panic Led Shorts to Lean too Far," 4-30-09</a>)	Love	May 01, 2009
Stockpickr Staff	Cramer examined two local green companies, Owens Corning (OC), which makes insulation and materials for windmill blades, and Owens-Illinois (OI), a large glass recycler. ... Cramer noted that neither of these companies has the two things Wall Street needs to send their stocks higher: growth or a dividend. Both companies are doing poorly, and won't be able to show any growth for the foreseeable future, said Cramer. (<a href="http://www.thestreet.com/story/10490651/1/cramers-mad-money-recap-a-telling-sign-of-a-healthy-market.html" target="_blank">"Mad Money Recap," 4-22-09</a>)	Love	April 23, 2009
barrons3	Valuations are attractive throughout the industry, which now sells for just 11 times the past 12 months' earnings, according to Wachovia. That's cheaper than consumer-staples stocks, which sport a trailing price/earnings multiple of 16.4, and the S&P 500, with a P/E of 15.9. One of the least expensive packaging stocks is glass-maker Owens-Illinois (OI), which, at around 18, fetches 5 times this year's expected earnings of $3.73 a share and 4.6 times next year's projected profits of $3.97.	Love	December 06, 2008
craigcytron	Company lost market share	Hate	October 14, 2008
sarah z	The leading producer of glass containers announced that it will buyback up to $350 million in common stock. The repurchases will take place from time to time pending on market conditions and will expire December 31, 2010. "We believe that the Company has substantial prospects for continued earnings growth and the current share price does not reflect the long term value of the firm," said Al Stroucken, Chairman and CEO. "As we evaluate investment alternatives, the repurchase of our stock represents another attractive opportunity to deliver value for our shareholders." Higher prices and lower interest expenses helped fuel stellar second-quarter results for O-I. The Perrysburg, Ohio-based company experienced net income of $231.3 million, or $1.35 a share, up from $149.7 million, or 89 cents a share in the same period last year. Total sales jumped from $2 billion to $2.2 billion this quarter. Although the company admitted to selling fewer bottles, the surge in profit came from the sale of higher end bottles and the weakness of the U.S. dollar against currencies where O-I has operations. Another bullish note is that analysts from Wachovia Equity Research have an outperform rating on the stock. The analysts mentioned “Additionally, while the company has lacked discipline in the past as it relates to free cash flow allocation, we note that a new management team, on top of recent portfolio re-jiggering has positioned the company on a solid footing over the next few years.” They believe the stock should be trading in the $48 to $52 range.	Love	October 01, 2008
mateopolish	form 4	Love	September 25, 2008
sarah z	The leading producer of glass containers announced that it will buyback up to $350 million in common stock. The repurchases will take place from time to time pending on market conditions and will expire December 31, 2010. "We believe that the Company has substantial prospects for continued earnings growth and the current share price does not reflect the long term value of the firm," said Al Stroucken, Chairman and CEO. "As we evaluate investment alternatives, the repurchase of our stock represents another attractive opportunity to deliver value for our shareholders." Higher prices and lower interest expenses helped fuel stellar second-quarter results for O-I. The Perrysburg, Ohio-based company experienced net income of $231.3 million, or $1.35 a share, up from $149.7 million, or 89 cents a share in the same period last year. Total sales jumped from $2 billion to $2.2 billion this quarter. Although the company admitted to selling fewer bottles, the surge in profit came from the sale of higher end bottles and the weakness of the U.S. dollar against currencies where O-I has operations. Another bullish note is that analysts from Wachovia Equity Research have an outperform rating on the stock. The analysts mentioned “Additionally, while the company has lacked discipline in the past as it relates to free cash flow allocation, we note that a new management team, on top of recent portfolio re-jiggering has positioned the company on a solid footing over the next few years.” They believe the stock should be trading in the $48 to $52 range.	Love	September 24, 2008
bobbiesgarden	Cramer suggested seemed undervalued with good growth potential	Love	September 21, 2008
donjon50	Heavy nat gas user, no dividend	Hate	June 24, 2008
KennyB	LOUIS	Love	June 06, 2008
FoxJohnSix	jumpin' to glass is a gas, gas, gas!	Love	June 02, 2008
FoxJohnSix	jumpin' to glass is a gas, gas, gas!	Love	June 02, 2008
FoxJohnSix	jumpin' to glass is a gas, gas, gas!	Love	June 02, 2008
nparkrider	New Tech. Glass vs plastic.	Love	May 28, 2008
eleanorcharlene	green	Love	May 15, 2008
barrons2	Now, also think about natural gas, as I mentioned before, and go back to what the Owens Illinois (OI) CEO said: It is getting hard to get.	Love	May 15, 2008
bemagee	Glass is best...plastics are toxic...good Green move	Love	April 16, 2008
stavros	positioned for the future	Love	April 12, 2008
Michael Fair	Glass bottles play	Love	April 09, 2008
Michael Fair	Glass bottles play	Love	April 09, 2008
barrons2	Owens-Illinois (OI) is having the move that had existed before the selloff; now it is back. It deserves it; remember that was the biggest upside surprise of the previous quarter.	Love	April 02, 2008
wildcat418	expected growth in the next 2 years	Love	March 09, 2008
henry guthrie	marcial	Love	November 23, 2007
aboliver	Growth	Love	November 17, 2007
aboliver	Growth	Love	November 17, 2007
eddie12065	growth	Love	June 21, 2007
tartiles	good return YTD	Love	April 09, 2007