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

To: TimbaBear who wrote (13576)	1/4/2002 2:27:29 AM
From: Paul Senior	Read Replies (2) of 78717

REF. I hate it when I come across these simple, little companies where I can't easily figure out the financials. -g- I show that every year from '95 to latest figures (3Q '01) this company has been profitable. In some years making more than a buck a share. Total reported earnings, '97 to present: $4.61/sh. Okay, so what did they do with all these profits? There's not been any long term debt since '95. Stock outstanding has remained the same roughly since '97. There's no dividend that's paid. Book value in '97 was $6.19 Currently it's $5.90 So if they didn't pay down debt, and they didn't pay a dividend, and they didn't buy back stock, and the money isn't kept internal (book value decreased!) where did that $4.61 go? Or did it not really exist for stockholders? Paul S. assuming I've got the correct historical data and used it correctly. (I notice EBIT is negative from '99 on, but earnings are positive. Maybe that's a clue. (?))

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next