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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (74901)1/22/2024 1:16:35 PM
From: Spekulatius   of 78740
 
At least on the surface , it seems like the adjustment is probably not that large ($6.9 earnings for 2023) but there are probably more shoes to drop. I think the nutrition business that seems to be at the center of this accounting issue, isn’t that large, so the current price of $52 and change could prove to be a bargain

Then again, these accounting issues can be tip of an iceberg and you never know how large the iceberg is, based one what sticks out in the open.
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