Grommit, did I trick you??
Hope so, just a little bit. -g-
Ref. your post here 3/3/3:
"Not exactly retail, but one I just found on a screening and I can't find anything wrong with it. RACN.
Thay make replica racing cars, collectibles, harleys, construction vehicles, agricultural equip, and other die-cast "toys". Expanding into action figures and other more toy-like products. Good growth, no debt, great ROE, low PE. Insiders sold a lot along with a stock offering awhile back, since then a little insider buying. That's one negative, but manageable."
biz.yahoo.com
Tried to get the production figures, but didn't see them. It's possible RACN produces more cars than Daimler-Chrysler.
And being that those cares are collectable -- they might be better appreciated, longer lived, and more of an investment than most DCX cars. -g-
On the serious side, it's also possible that RACN is the better investment. (It's not a question of either or, so it's possible and I hope, both companies and both stocks do well.) I just found it a little oddly humorous that when bringing up "car companies" here, scrappy little RACN seemed to be more attractive to me with its business and some of its numbers than beat-upon DCX, with its billions in assets and hundreds of thousands of employees.
For now, I'm with DCX because I am hoping for some regression to the mean as regards its stock price. I envision people world-wide continuing to buy DCX products and I hope clever, innovative DCX management can tempt them with appealing products. Ergo, an eventual stock recovery. (I hope.)
I'll put RACN on my watch list. I once followed (never owned) ATN which is also in the motorsports replica business. I'll go look at that one again.
Paul S. |
