I'll take a few shares of IQW at current price.
Revision-to-mean play- I hope. I like the low p/sales, low p/book, dividend yield, size and scope of the company. I don't like the lousy profit margins and returns on equity (Printing is a very competitive business!) or debt levels.
"Quebecor World Inc. (NYSE:IQW, TSX:IQW.SV) is one of the largest commercial printers in the world. It is a market leader in most of its major product categories which include magazines, inserts and circulars, books, catalogs, direct mail, directories, digital pre-media, logistics, mail list technologies and other value added services. Quebecor World has approximately 32,000 employees working in more than 130 printing and related facilities in the United States, Canada, Argentina, Austria, Belgium, Brazil, Chile, Colombia, Finland, France, India, Mexico, Peru, Spain, Sweden, Switzerland and the United Kingdom."
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