Friede Goldman Halter (FGH) 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.

Gold/Mining/Energy : Friede Goldman Halter (FGH)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Razorbak who wrote (167)	5/5/2001 11:54:24 AM
From: rocklobster	Read Replies (1) of 177

Well its hard to say. However, with 100 Million in stated equity, and the ability to renegotiate with creditors and ditch unprofitable business via BK protection, a .19 price on this company with 50 million shares is already valuing this company at .10 on the dollar. If my knowledge of accounting is any good, the value of FGHLQ's real estate alone should be dramatically higher than whatever it is stated at on the balance sheets, so the real value of FGHLQ could be much higher. It seems to me that they are making good moves so far. However, I really don't relish the idea of learning any more hard lessons in the market.. If you know what I mean. I have learned enough in the last year to last me a lifetime. LOL I bought my long shares at .30 so I am ready to ditch them at any time.. rok,

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next