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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (48094)5/23/2012 5:42:05 PM
From: Madharry  Read Replies (1) of 78724
 
i bought more mil today. i like the company i like mr. smith approach to making money. buying assets on the cheap and then developing them.he says the equity is around $8.90 the stock sells for $6.90 and has lots of cash and little debt. Mr. Smith has overtime delivered returns of better than 15% on equity to shareholders. So I hope he will be able to take advantage of some more opportunities down the road. in the meantime i will take the 3% div.
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