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Strategies & Market Trends : Value Investing

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To: Spekulatius who wrote (52966)	12/10/2013 8:32:37 AM
From: E_K_S	Read Replies (1) of 78644

Re:PFIN I passed on this company when I saw that all of their tool/hardware subsidiaries were located in Florida. Their tool division sold/manufactured exclusively pneumatic tools which is a limited market. I was not sure if they were doing the actual manufacturing and/or repackaging Chinese knock off products. I really did not do too much research into their customer base, brands, or future growth prospects. Tools & hardware is a very competitive business and product brand loyalty is important. I am not sure PFIN provides this. When I searched the subsidiary companies I found no Web site(s) showing their tools and/or hardware or other detail I wanted to see to confirm to me that they were selling a unique and value added product(s). I may have missed something. PFIN may be an excellent value candidate but for me it does not fit my retail growth expectations. Good luck w/ this one. EKS

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