Value Investing Message Board

STOCKTALK

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 : Value Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: Paul Senior	2/25/2011 6:21:15 PM
	Read Replies (2) of 78687

Not a good quarter/year for VSE (VSEC). With government defense cutbacks/delays, I guess that was to be expected. Still, the stock was down sharply today on the fact of it. finance.yahoo.com Net income/sh dropped from $4.67 (in '09) to $4.56. Revenues fell from $1.015B to $866 million. That earnings have held up better than the revenue decline, the company attributes to margin improvement. I intend to hold my shares through this year to see how the company fares with government budget cuts. Current low p/e ($27.75/$4.56 = 6.1) will rise as earnings forecasts are cut. At 6.1 now though, and with an expectation that the company can still scrounge up profitable business, I'll up my very few shares and so increase my tracking position a little.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next