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: Investor2 who wrote (33030)12/13/2008 5:22:24 PM
From: Paul Senior  Read Replies (1) of 78760
 
Maybe NVO. I find others too difficult/expensive to buy on their foreign exchanges.

BK: it's holding lots of cash; I'm just not believing those assets belong to BK. Seems like it should be obvious that if a substantial/well-known/profitable company such as BK is a 'bargain' because it is so very very cash-rich, that that could not be so. And I suspect if the other side of the balance sheet is considered - those current liabilities -- that cash and those liabilities relate to cash/stocks/bonds that BK holds for others, not for itself.

finance.yahoo.com

In other words, the article representing BK as a buy because of its cash is wrong. However, BK might very well be a buy for other reasons. Stock now at about 26. (being as low as 20.49 in crash in Oct.) I might be a buyer of a few shares if I could get in at $23, which is per share stated book value.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext