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 : Value Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: James Clarke who wrote (7336)5/27/1999 12:57:00 PM
From: Paul Senior   of 78670
 
Jim: re: preferring to respond here to LANC.

Yes, I had just looked at it couple of weeks back. Dismissed it too quickly I think now.
From caviar to floor mats. Didn't and don't understand how they could maintain such profits in at least 3 competitive industries -- oops -gg--. Arguing with myself -lol - guess I shouldn't care how they do what they do or that they are in so many competitive businesses - the fact that they can make good numbers for a value investor is what it's about (or so I said -lol). Ah, how we all must live with paradox. -g-

Really a lot to like with this company. Very high ROE (how they do it with these businesses, I can't figure-- and it does weigh on me). Very little long term debt.
And very long history of increasing dividends. LIKE 36 YEARS of increases. Sales and earnings and book value increasing every year from my '93 history. PSR and p/bv similar to previous years. PE at low end of a fairly small (it seems to me) annual range.

This looks like a stock that one would buy and hold over many years for a very nice investment. Especially maybe for a child or for a DRIP account (assuming that that's available). Or potentially as a possible core holding for a retirement account.

I'll consider it some more. Thanks. Paul.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News