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.
Strategies & Market Trends : Undervalued Stocks = Low P/E to Growth Ratios

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Christine who wrote (197)9/21/1997 12:58:00 PM
From: Mason Barge   of 297
 
I put a bunch of basic SFC research into a post on AOL's MF Board (Investment Strategies, "Low PE Stocks".) I hesitate to reproduce it here because it contains copyrighted material, but I think it's okay within AOL.

As long as the economic factors stay favorable, this stock is a no-brainer. Trailing PE as of June is about 8.5, 1997 PE based on reasonably reliable estimates is about 6.5. The lowest estimate for 1998 growth is 10%, the median 20%, the highest 30%. Their non-conforming loans are primarily to homeowners and small duplex/quadraplex owners whose credit is slightly tainted, i.e. "A-" and "B+", but fully secured. As long as interest rates hold steady, unemployment holds low, and real estate stays firm, this one should grow like summer corn.

I checked the technicals and they seem neutral to me.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext