Irene damages extremely good for United States Gypsum

Irene damages hit at the heart of USG production/distribution center.

Irene will cause a tremendous amount of drywall / sheetrock / gypsum board damage specially due to floods and as a result of gypsum board forming ‘mold’ when constantly exposed to water, there is a major run to secure gypsum board at Home Depot, Loews, etc. In addition, Home Depot & Lowes will most likely see an uptick with respect to homeowners performing Irene repairs.

The damages are concentrated from North Carolina to Vermont virtually the whole east coast.

EXACTLY where usg’s new low cost plants are:

Washingtonville, PA (2008)
Norfolk, VA (2008)

and EXACTLY where the biggest concentration of L&W is!

See production/distributions centers here below:

Cheers!
jrv

About jrv

I was born in Spain and lived in Belgium, Chile, France, USA, Argentina among other places. Currently I am trying to settle down in a wild place. I am "retired", even though now I dedicate more hours "working" for my investments than I ever worked in the real labor market where I used to work in IT and Banking. I am a family man, I have a lovely wife, several sons and one step daughter. I have humble tastes, I like to stay home and read about companies and investments. I started investing at 25 before the internet bubble exploded. I did not know much about investing and liked technical analysis so my results were pretty bad. Fortunately I did not have much to lose. Some years later in 2006 bored of doing only real state investments and with quite a lot of money saved I opened an account in a cheap and excellent online broker and started again. This time I did not want to commit the same mistake, so I decided to follow a model. I heard that Warren Buffett was the best at making money via stocks so I started by reading a lot about him, all of his shareholders letters and several of the books that he recommended. I learned a lot, started applying his investing principles and reading a lot of 10K's. Digested news from lots of different sources. Basically I started buying very good and cheap companies and holding them for ever if possible and if nothing changed fundamentally. When the housing crisis started I was more than 75% cash. At that time I identified good companies at incredibly cheap prices so I invested most of my savings in stocks. In less than I year I doubled. By the second semester of 2009 I turned my software company into an investment vehicle and dedicated myself full time to it. My wife and I decided to change our lifestyle and moved from Belgium to the beach in a wild country. The goal was to keep fixed costs low in order to be able to live with a minimum 6-8% yearly return but specially to move away from the inhuman life of civilization and to have finally some peace and sunny weather to concentrate better on investing. Now I can think and study about companies 60 hours a week and I am doing great. I can finally do what I want full time and can proudly say that I have never been so happy, specially also with my just born 4th son, my other great kids and my sweet wife who supports me fully while I study most of the day and patiently wait for the opportunity to make a swing ! You can learn a bit more about my portfolio by viewing it at www.kuchita.com/view/sumo.php or you may learn more about me and my family by following the link "Author's site" from the menu above.
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3 Responses to Irene damages extremely good for United States Gypsum

  1. Brad says:

    jrv, This might be a good result for usg to sell enough that it will up the stock price. I think it will be a good investment.

  2. Brad says:

    Hi jrv, On your investment portfolio page, how do you update it? Do you have a purchase date for each stock? I am trying to keep up with it. Thanks, Brad

  3. jrv says:

    Hi Brad, its updated automatically I made a program that gets the info from yahoo. I just had to say what stocks to look up for how many I bought of each and at what price. The rest is calculated alone. I can make a portfolio for you also if you want and give you the link. Nobody has to know its from you since you can give it any name or put any stocks in it (really yours or not).

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