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: Spekulatius who wrote (41755)	3/17/2011 2:39:55 AM
From: Spekulatius	Read Replies (2) of 78537

re 2501.T Sapporo Holdings. It is in fact a 3rd Ave Value discard. They initiated a position in Y2007 and according to this chart, they paid at least 600Yen/share. I paid 258Yen and it's now going for ~290Yen/share. see P9: thirdavenuefunds.com 3rd Avwe value proposition was about the real estate, which brings in ~1/2 the operating earnings and was supposedly not reflected in the stock price. marketwatch.com Ironically Sapporo's operating earnings and RE revenues have increased since then (beer is recession resistant after all), yet the stock goes for less than 1/2 what a supposedly smart value investor paid. This is just to demonstrate some of the carnage that occurred in Japan with some small caps. I am not claiming that Japan's ordeal is over and I have no idea what is going to happen with those damn reactors but frothy prices we pay not right now!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next