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Strategies & Market Trends : Value Investing

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To: valueminded who wrote (32731)11/12/2008 12:02:01 AM
From: Tapcon  Read Replies (1) of 78715
 
S&P evidently made a negative comment about HRP's leverage. Surprisingly, there were a couple of intelligent remarks on the yahoo discussion board for HRP under the heading: S&P and leverage from a former banker.

The first post:
I worked several years for a company named Dun & Bradstreet as an analyst, subsequently a commercial credit an analyst at a bank, hold an MBA in accounting.

The comment by S & P that HRP is highly leveraged is wrong. A 50/50 approx debt to book value capital is considered solid by anyone who knows anything about financial statement analysis. S&P should issue a retraction, apologize and are subjecting themselves to lawsuits for such poor work.

**
A couple of other posters supported that remark. Most yahoo posters have an agenda, but in this case, it sounded like a valid remark. (Hope so, since I very recently boosted my position in HRP.)
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