Cashmaker's hot stocks and trading

**cashmaker** · 06-17-2005, 11:43 AM

Add OS into my portfolio, together with SCHN as steel sector. Both of them have stron

Add OS into my portfolio, together with SCHN as steel sector. Both of them have strong FA with strong ROE, ROA, Earning and high institute holding. Since the steel industry coming back, the leading steel companoies, such as OS, SCHN will have outperfrom return. Target shortterm $21, mideterm $25

**cashmaker** · 06-17-2005, 02:53 PM

Report Article for SCHN just out.

Report Article for SCHN just out.

https://secure2.thestreet.com/cap/login/rm_mbp_yahoorealpros.jsp?nosummary=yes&cm_ven=YAHOO&cm_cat=PREMIUM&cm_ite=003190&flowid=24a3ed3638&url=http%3A%2F%2Fwww.thestreet.com%2Fp%2F_yahoo%2Frmoney%2Fdanfitzpatrickrm%2F10228560.html

About this article:
Until chart patterns are either completed or broken, the next direction is still up in the air. Schnitzer Steel is forming a double bottom. If you're long, remain so unless support breaks down.

**dmk112** · 06-17-2005, 11:35 PM

SCHN: looks like still in a downtrend to me

**dmk112** · 06-17-2005, 11:47 PM

NGPS closing tighter and tighter, nice little triangle there...bull or bear?

**cashmaker** · 06-20-2005, 08:36 AM

LAZ Corrections & Amplifications

LAZ Corrections & Amplifications

The Wall Street Journal Europe

INVESTMENT BANK Lazard Ltd.'s asset-management revenue increased 10% in the first quarter from a year earlier. An article about the company's earnings on the International Investor page Thursday incorrectly said revenue rose 5%.

(See: "International Investor: Lazard Net Jumps Nearly Threefold On Merger Action" -- WSJE June 16, 2005)

**cashmaker** · 06-20-2005, 03:54 PM

Hold SCHN tight, target $28-30 Analyst point out that double bottom for SCHN and will

Hold SCHN tight, target $28-30 Analyst point out that double bottom for SCHN and will go on with its uptrend momentum.

**dmk112** · 06-20-2005, 11:41 PM

Originally posted by cashmaker

Hold SCHN tight, target $28-30 Analyst point out that double bottom for SCHN and will go on with its uptrend momentum.

I don't know about that...alot of overhead for SCHN... take a look

[img=http://img118.echo.cx/img118/82/schn0620057ph.th.png]

**New-born baby** · 06-21-2005, 05:50 AM

Upside Down

Originally posted by dmk112

I don't know about that...alot of overhead for SCHN... take a look

[img=http://img118.echo.cx/img118/82/schn0620057ph.th.png]

Yeah, SCHN has had a long downtrend. But look at this chart and see what you think:

**cashmaker** · 06-21-2005, 08:27 AM

Comment on SCHN

Although NUE announce the lower end of its earning prediction for 2Q, SCHN is not a steel producer and it should not be compared directly with NUE.

Second, If you look at their June 5 report, you can predict the Schnitzer's sales are about double the reported values, moreover if you include their share of the joint venture which accounts for a significant share of profits to SCHN.

http://library.corporate-ir.net/library/87/870/87090/items/155021/060905presentation.pdf

Base on SCHN's potential future scrap demand, and SCHN's auto parts business, the 3Q for SCHN should be good. I analyse and predict the earning correctly consecutively for GMTN 10Q, LAZ 1Q, NGPS 2Q, KOMG 1Q this year.

**cashmaker** · 06-21-2005, 11:04 AM

SCHN will announce higher earning for 2Q on July 2005. Due to the seperation from Hug

SCHN will announce higher earning for 2Q on July 2005. Due to the seperation from Hugo Neu, SCHN Improved Upside and Less Risk and will benefit the global buesiness in several countries.
Due to the Auto industry boom in China, SCHN's auto part business will contribute a lot of revenue to its overall business. The price range for SCHN should be around $28 to $30, if you take a look at the Steel industry from Mar to May, you can find that the steel industry been undervalue and SCHN definitely been oversold.

**dmk112** · 06-21-2005, 10:32 PM

Originally posted by New-born baby

Yeah, SCHN has had a long downtrend. But look at this chart and see what you think:

Good catch, it is a possiblity....let's keep in on the watch list, thanks

**cashmaker** · 06-23-2005, 10:55 AM

News: JPM Reports 15.6% LAZ Stake

News: JPM Reports 15.6% LAZ Stake
(c) 2005 Dow Jones & Company, Inc.

WASHINGTON (Dow Jones)--JPMorgan Chase & Co. (JPM) reported a 15.6% Class A stake in Lazard Ltd. (LAZ), according to a Schedule 13G filed Monday with the Securities and Exchange Commission.

JPMorgan, one of the underwriters for Lazard's initial public offering in May, beneficially owns 5.86 million Lazard Class A common shares, the filing said.

JPMorgan reported its stake on a form designated for passive investors, or those not seeking to change or influence a company's operation.

Shares of Lazard closed Monday at $23.67 each.

LAZ definately a Strong buy, Fidelity require 15% stake of LAZ three weeks ago and give the target $27. Now JPM bought another 15.6% stake. Take a look at how many merge & acquicition cases these days (almost every day), you can figure out the M&A business for LAZ.

**cashmaker** · 06-23-2005, 03:43 PM

LAZ doing good today on JPM's 15% stake purchased on Tuesady. LAZ Will see Rally next

LAZ doing good today on JPM's 15% stake purchased on Tuesady. LAZ Will see Rally next week. Investment bank won't be affected by the oil price that much and the cheaper the companies' price, the more M&A business (that happened in 1980s). Now more than 30% of common A class stocks acquired by Fidelity and JPMorgan.

**cashmaker** · 06-24-2005, 11:43 AM

M&A is booming, we see the M&A happen everyday. LAZARD is the number one in this fiel

M&A is booming, we see the M&A happen everyday. LAZARD is the number one in this field, its business is growing. Here is today's news from WSJ:

June 24th 2005, Callaway Golf Mulls Strategy; Investor Group Makes an Offer

By Stephanie Kang

"the Carlsbad, California, company said that it has received unsolicited "indications of interest" and was weighing strategic options with the help of investment bankers Lazard Ltd. "

**cashmaker** · 06-27-2005, 08:42 AM

Callaway Golf Receives $1.2 Billion Buyout Bid

Callaway Golf Receives $1.2 Billion Buyout Bid

By Stephanie Kang
The Asian Wall Street Journal
M11
(c) 2005 Dow Jones & Company, Inc. To see the edition in which this article appeared, click here http://awsj.com.hk/factiva-ns

Callaway Golf Co. said it is considering "strategic alternatives" for its future as insurance executive William Foley II said that he and a group including buyout firm Thomas H. Lee Partners had proposed taking over the golf-equipment maker.

The value of the bid was put at $1.2 billion, according to a person familiar with the matter. Shares of Callaway, which has fallen on hard times amid a downturn in the golf industry and escalating competition, jumped 15% on the news Thursday.

Friday, Callaway was at $15.02, down 3.4%, or 53 cents. Its market capitalization, based on Wednesday's closing price of $13.58, and 76,290,527 shares outstanding at the end of April, was $1.04 billion.

In a statement, the Carlsbad, California, company said that it has received unsolicited "indications of interest" and was weighing strategic options with the help of investment bankers Lazard Ltd. Callaway said it is also continuing its search for a new chief executive.

"We feel that this is an opportune time to explore a full range of strategic alternatives that could enhance shareholder value," lead independent director Ronald S. Beard said in a statement.

But the statement also said that "no firm offers have been made, no substantive discussions are currently under way, and neither the board nor the senior management team has reached any decisions regarding the preferred strategic direction for the company."

For his part, Mr. Foley, chief executive of Fidelity National Financial Inc., said in an interview that his group sent an offer letter to Callaway in late May. "We believe it's a significant proposal," according to Mr. Foley. "We remain committed to management and are anxious to pursue it."

He added that the group has asked for additional information from the company about its operations, to help "make a firmer proposal. "But they have received an offer," he said.

Mr. Foley says that additional investors may join the group. The bid by the Lee/Foley group was reported Thursday by the Los Angeles Times.

A spokeswoman for Thomas Lee declined to comment.

Callaway has long been known as a sterling brand in the golf industry, but since the death of its famous founder, Ely Callaway, the company has suffered from management turnover and an escalating price war with German competitor TaylorMade-adidas Golf, a unit of Adidas-Salomon AG.

This past year the golf industry has been showing slight signs of revival. Golf-equipment sales rose 3% to $2.5 billion in 2004, according to the Sporting Goods Manufacturers Association International. And the number of rounds played in 2004 ticked up 0.7% to 498.3 million rounds, according to the National Golf Foundation.