Please continue posting picks, microcaps or not, EKS. They are very important to the success of the thread.
I'm not too interested in microcaps currently unless I can easily see why the particular stock stands out as a buy. I don't see that with BDR, why it might be better than so many other value propositions. (Some of these dink Chinese stocks are under stated book value, profitable (it seems), with p/e's under 4. That's the competition for my microcap funds.)
So if I don't see a ruling reason for digging deeper into BDR after a cursory glance, I'll just pass. That's just me though - the thing could be a very good purchase idea for others who'll research and understand the stock better.
I'm keeping my OGE shares. I like it for Enogex. "Enogex’s transportation and storage business owns and operates approximately 2,433 miles of intrastate natural gas transportation pipelines." I'm interested in the various nat gas shale plays, and the Woodford is one: "Enogex delivers natural gas to most interstate and intrastate pipelines and end-users connected to its systems from the Arkoma and Anadarko basins (including recent growth activity in the Granite Wash play in western Oklahoma and the Texas Panhandle and the Woodford Shale play in southeastern Oklahoma)."
GLW's moved up, and I have been considering exiting too. However, I note this comment from a customer which looks bullish to me for the outlook for GLW, so I guess I will continue holding on:
"LG Display (034220.KS), the world's No. 2 maker of liquid crystal display (LCD) panels, reported forecast-beating earnings on Thursday helped by robust demand for flat-screen TVs and higher panel prices on tight raw material supplies.
'There will be an oversupply of some extent between from December through February,' chief executive Kwon Young-soo told reporters at a news conference. But I doesn't (sic) appear too worrisome. Even if we face oversupply, I expect makers to choose to reduce output rather than going into a price war.'
He added the shortage of glass used in screens was severe and could change the outlook. Glass suppliers such as Corning Inc (GLW.N) have been slow to raise output after last year's slump in the LCD sector, keeping a lid on capacity growth."
reuters.com |
