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Strategies & Market Trends : Value Investing

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To: richardred who wrote (39326)9/20/2010 4:34:15 PM
From: Paul Senior  Read Replies (2) of 78763
 
Thanks for the Graham screen, richardred.

Some of these stocks keep falling into and out of Ben Graham value. CENT is one like that imo; I've followed it for several years, have no position currently. WILC too, has been mentioned here over the years.

I'm trying to reenter AP (Ampco-Pit) again. Price is still too high for me though.

I saw APT on that screen, looked at it, and decided to take a few shares. "The company offers disposable protective apparel products, including shoecovers, bouffant caps, coveralls, gowns, frocks, and lab coats for the cleanroom, industrial, and pharmaceutical markets; and building supply products comprising construction weatherization products, such as house wrap and synthetic roof underlayment products to construction supply and roofing distributors."

Couple negatives: with flu scare of last year gone, demand for company's consumable products will begreatly diminished. Secondly and more significantly, APT's key distributor decided it will compete with APT, so it has stopped distributing APT's product. This has been the reason I've not bought the stock previously.

Steadily increasing book value, no ltd, history of profits have characterized this company. I'll go for a few shares at current price, and hope the company can use its ample assets to recover.

Pretty good positive summary here on Seeking Alpha:

seekingalpha.com

Only point the guy maybe missed is that for such a dink company, there seems to be an awful lot of daily volume in this stock. Perhaps I'm just overly sensitive to that because I'm having to be very careful in extricating myself from similar dink companies in this sector with low volume and wide bid/ask spreads (LAKE, ABIX.pk)

finance.yahoo.com
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