Re: WILCF, CTZ.
Yes, from reading your link and scanning the Yahoo msg. board, I think WILCF is worth a flyer. Price seems very low indeed. Perhaps because it's a foreign company. One might expect that being a large (for Israel)food importer (and exporter), the business volumes and profits would be sustainable. Maybe expanding as the Israeli standard of living increases. Caviar for all the tech. millionaires! Stock looks like it's been at much lower levels; maybe it will drop there again. I'd say though, for a "reasonable" holding period (maybe couple of years), stock could "easily" double or more.
re: Grocery stores. I've been watching Albertson's (ABS) also Koger (KR)and Safeway (SWY). Waiting for better bargain on ABS. Maybe WILCF is the better buy now.
CTZ. Yes, acquiring company (FNF)stock is down where I believe deal could be cancelled. But FNF has a stock buyback plan in place (that might lift the stock price), and the regulators will consume some time in the deal (perhaps a negative too - they need to approve a combination that will have 30% of the title market), but the time will give some leeway for FNF stock to maybe move up. The entrepreneur running FNF is controversial imo; perhaps this might be a factor. He has lots of ideas and several business ventures. Lots of money made by him- not so much maybe by his company investors . As discussed in Forbes, Oct. 4 1999, pp. 102-103.
Paul |
