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Strategies & Market Trends : Value Investing

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To: Mr.Gogo who wrote (39447)9/28/2010 12:34:06 PM
From: Paul Senior  Read Replies (2) of 78707
 
Fwiw, I did step up this morning for a few tracking shares of Bunge (BG) which is in the agriculture/food business.

BG's been profitable every year for the past decade, sells at a forward p/e at 11-12, and at .87 of book value. Book value growth has been erratic, but up over time. I look for the stock to sell at 1.2x book value or greater, where it's sold when the stock's been in more favor. P/sales now is somewhat below what its been over the past few years. Small dividend while waiting.

finance.yahoo.com
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