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Strategies & Market Trends : Value Investing

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To: Spekulatius who wrote (33099)12/22/2008 9:29:36 PM
From: Jurgis Bekepuris   of 78682
 
HUN - My criterion right now is very simple. If investment is not "conservative and safe", I want to see 3X potential for it. HUN - $850x3=$2500 somewhere. Which is about current tangible book + 1B they are receiving. I did not look what else they may receive, but I doubt HUN will trade at book anytime soon. So if they are only receiving $1B, I am not interested. Also, the payments are going to be made through 2009, so market can be skeptical about them.

Overall though, I see a pretty solid and relatively safe 2X play here. ;)
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