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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (35260)8/29/2009 12:06:27 AM
From: Spekulatius  Read Replies (1) of 78764
 
re UG, FPIC
I do not see the valuation case for UG and if I am going to consider a stock as dinky as UG, i want to see a valuation edge relative to larger peers. I just don't see that with UG.

I got a counterproposal; FPIC - a dinky little insurance company. Trading below tangible book (P/B about 0.9) PE=8. What caught my eye is that they are buying back stock in droves. Their last earnings were pretty decent:

finance.yahoo.com
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