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Strategies & Market Trends : Value Investing

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To: E_K_S who wrote (46784)2/29/2012 12:15:53 AM
From: Mattyice  Read Replies (1) of 78476
 
EK$,

I like your thinking on the canadian oil sands. I think the canadian oil sands could eventually be... not sure how to describe it, undervalued.

Do you have a EK$ number or thought on SU, or CVE ?

Here is my 8 cent quick valuation no one cares about:





So Im showing about $35 and $15 (with extremely low discount rate on the second one). I like the margin of safety here also with the unkown potential that the oil sands could be. I have about 1/5 position in SU, i bought some in the high 20s hoping it would go lower, unfortunately it didnt. I dont own that many positions so i like the stock alot.
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