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: Grommit who wrote (19919)4/22/2005 4:19:16 PM
From: Paul Senior  Read Replies (2) of 78659
 
I'll reenter toy company Jakks Pacific at current price.

Forward p/e - based on management's positive earnings projection - is about 8+. To me, that's low enough of a p/e for a small buy.

One still wonders for whom management is working though. Sleazy and/or illegal activities there by at least one person.

Hasn't seemed to have affected business or the stock price (which recovered from abrupt lows from last year when shenanigans were discovered). Third Avenue Funds still has a position from what I can see from Yahoo.

Stock, now at 19.03 has traded below book many times. Book continues to increase (That's stated book - this is a company that grows by acquisitions as I recall) and is currently $17.20. Should the stock drop below this b.v. number on no adverse news, I'll begin to add more to my very few shares.

finance.yahoo.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext