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Strategies & Market Trends : Value Investing

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To: Jurgis Bekepuris who wrote (45457)11/15/2011 12:20:17 PM
From: Dennis 3  Read Replies (2) of 78672
 
I have been watching FBN for the past couple of weeks and said I would invest if it dropped below 1.20(can't remember why I had that price in mind - should of wrote it down)

But FBN intrigues me MC=65M, NCAV 245M, NET NET= 245M, EV/SALES =.1, BV=4.19 Also, negative CF because of higher cap. expenditures this yr(updating equipment to reduce costs in future) According to MGMT 3rd quarter announcement, next yr CF positive due to no more capital expenditures.

Any opinions??

Dennis
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