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: John Langston who wrote (1990)9/25/1997 12:29:00 PM
From: 18acastra   of 78742
 
Check out Pete's Wicked Ale (WIKD).

Seems intersting. Here is some data.

Current share price = 4 7/8

Market cap = $50mm, Cash =$25mm -> Firm Value =$25mm

Sales = $70mm.

Any branded consumer products company selling at 1/3 of sales is very interesting to me. Sam Adams sells at ~65% of sales.

Has been consistently dissapointing Wall Street, so stock is beaten down. Issues with too much inventory in pipeline. Eventually, this should work its way through. Also, company spends $.40 on the $1 of revenue on marketing. This is too much money and hopefully changes.

Not saying this is the greatest thing since sliced bread, but should be worth at least $7/$8.

My opinion.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext