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: James Clarke who wrote (27191)7/2/2007 9:02:30 AM
From: pcyhuang  Read Replies (2) of 78717
 
Re: RUSS

James:

You wrote: ... RUSS - a bulletin board stock. free cash flow positive trading at less than cash on the balance sheet... Strange business with obvious warts, but I don't see why its trading below cash.

Let's take a closer look at RUSS's balance sheet. it is true that it has about $2.50 net cash per share. But have you noticed that its book value is a -$3.893 per share. Moreover, RUSS is a bullentin-board stock. I really can't see how RUSS can be considered as an attractive value investment, despite some others who think otherwise. Let the passage of time be the judge.

Total Cash (mrq): 35.49M
Total Cash Per Share (mrq): 3.023
Total Debt (mrq): 6.04M
Total Debt/Equity (mrq): N/A
Current Ratio (mrq): 0.487
Book Value Per Share (mrq): -3.893


Cash Flow Statement
Operating Cash Flow (ttm): 13.48M
Levered Free Cash Flow (ttm): -662.75K

pcyhuang
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext