Value Investing Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: gcrispin who wrote (34120)	4/9/2009 6:27:24 PM
From: anializer	Read Replies (1) of 78748

Interesting idea. Has some potential but I do have reservations that will hold me back from taking a large position at this point. A smaller speculative position might be in order. Pros and Cons: This stock sells at tangible book, so while not extremely under valued, its priced OK. They did 6 cents a share in recent Quarter and if I were to extrapolate that, its 24 cents or a PE near 2. Chinese micro caps under $1 can be subject to manipulation easily. Chinese micro caps listed on the bulletin board have even more fraud risk. Chinese accounting is always a question mark. I note that the main competitors aren't exactly doing stellar. Chemtura already filed Bankruptcy and ALB is moving with the market but well off its highs in the mid 40's, has missed estimates the last 2 reported quarters, and analysts project a 15% revenue decline this quarter. All in all, not greatly excited but a small position should be OK. Just my thoughts, and thanks for kicking out the idea.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next