SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : CAG Conagra The Viagra of Food?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Paul Senior12/12/2005 9:18:19 PM
   of 49
 
Well, maybe we're coming down to a buying opportunity. Price/sales ratio is still high relative to past years. OTOH, if I recall correctly, CAG's been selling off underperforming assets, so the sales that are currently in place have better profit margins (and CAG profit margins have moved up in past couple of years). In other words past comparisons of p/sales ratios with current .72 figure (per Yahoo), may not be valid.

Some media talk of the dividend being cut. That dividend though is propping the stock - imo; so I hope there's no cut.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext