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JOY - Joy Global

post #1 of 57
12/21/07 at 2:00am
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Joy Global Inc. manufactures and services mining equipment for the extraction of coal and other minerals and ores. The Company's equipment is used in mining regions to mine coal, copper, iron ore, oil sands and other minerals worldwide The Company operates in two business segments: underground mining machinery (Joy Mining Machinery or Joy) and surface mining equipment (P&H Mining Equipment or P&H). Joy is a manufacturer of underground mining equipment for the extraction of coal and other bedded minerals, and offers service locations near mining regions worldwide. P&H is a producer of surface mining equipment for the extraction of ores and minerals, and provides operational support for many types of equipment used in surface mining. On July 31, 2006, Joy completed the acquisition of the Stamler mining equipment business from the Oldenburg Group, Inc.

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post #2 of 57
12/21/07 at 3:32am
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post #3 of 57
12/26/07 at 2:53pm


talking heads are out and about

JOYG Joy Global: CNBC guest Kaufler highlights JOYG as name he likes (65.62 +1.00)

Touchstone Value P.M. Kaufler says coal feeds 51% of US electric generating needs, won't change. Much cleaner today than in past. China is building one new coal plant every week... Likes JOYG as largest producer of coal mining equip; 70% of rev comes from maintainance/repair, so much more predictable than other commodity-related co's.
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post #4 of 57
12/26/07 at 4:45pm
Thread Starter 
Joy should have a great year due to new equipment demands from the mining industry...
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post #5 of 57
2/20/08 at 6:18pm
52 week high
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post #6 of 57
3/6/08 at 4:14pm
they like the earnings 70++++++++++
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post #7 of 57
4/18/08 at 6:00pm
breakout
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post #8 of 57
5/28/08 at 6:05pm
earnings tomm
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post #9 of 57
5/28/08 at 6:08pm
I was sooooo close to buying this yesterday
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post #10 of 57
5/28/08 at 7:23pm
Thread Starter 
Quote:
Originally Posted by rossiTK View Post
earnings tomm
You playing these Rossi?
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post #11 of 57
5/28/08 at 10:10pm
played the hype.....236+140=$356 I know if they take it to $80 tomm i'd have 1K but they can take it away as fast......so i sold at the bell

JQYFP JOYG JUN 80 Call $77.88 4 $2.35 $940.00 2.94 $1,176.00 $236.00 Trade | Roll | Notes
.JQYFQ JOYG JUN 85 Call 5 $1.00 $500.00 1.28 $640.00 $140.00

Quote:
Originally Posted by Doublrs View Post
You playing these Rossi?
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post #12 of 57
5/29/08 at 1:30pm
Thread Starter 
Big move $82

Joy Global meanwhile upped its sales and earnings guidance for the year.

"The company continues to benefit from unprecedented demand for its underground and surface mining equipment in response to the strong demand for coal, copper, iron ore and oil sands. All of these major commodity markets that the Company serves have extremely thin supply surpluses, or most often, significant supply deficits, as commodity supply increases to date have been unable to match commodity demand growth," the Milwaukee mining equipment company said.

Joy Global raised its sales guidance to a range of $3.3 billion to $3.4 billion, compared to its prior view of $3.1 billion to $3.3 billion. It also said it expects an annual profit of $3.15 to $3.30 a share.

Joy Global Inc. said that its second-quarter net income fell to $72.1 million or 66 cents a share, from $77.6 million, or 70 cents a share, a year earlier. The latest results include 20 cents a share in charges.

On average, analysts polled by FactSet Research expected earnings of 75 cents a share.
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post #13 of 57
5/30/08 at 3:09pm
new high today....strong
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post #14 of 57
6/6/08 at 4:23pm
coal related strong
Quote:
Originally Posted by rossiTK View Post
breakout
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post #15 of 57
6/30/08 at 1:12pm
Another ABC trend support bounce with the added H&S pattern.
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post #16 of 57
9/3/08 at 3:40pm
off a cliff
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post #17 of 57
9/3/08 at 7:18pm
All transports got killed yesterday and today on fears that that the global demand story will vanquish for the next year or so. IT was then that irrationality and emotion got the best of traders and began selling these names no matter what their true valuation are.

As has been the story for the past few years, people have over reacted to relevant or non relevant moves in stocks on epic proportions on both fronts, leading to massive trading opportunties thereafter. Transports have been way over sold short term and whatever may be the catalyst going forward, good long traidng opportunties have presented themselves today.

We've seen with JOYG numbers today that global demand is slowing but to the degree that must think. everyone is screaming a screeching halt and that on an economic principle is just plain wrong.

Names worth looking longer term are:
JOYG, BUCY, TEX, CAT and MTW.



The sector to watch going into the end of the week is transports.
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post #18 of 57
9/11/08 at 10:44pm
We might see a bounce to 55 or so before it heads down again.
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post #19 of 57
9/12/08 at 1:13am
Thread Starter 
I like those big gap downs on soild stocks like this.
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post #20 of 57
12/31/08 at 12:39am
gearing up for a nice move either way. on watch
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