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Strategies & Market Trends : Value Investing

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MCsweet

To: MCsweet who wrote (53825)	5/1/2014 11:25:48 PM
From: Spekulatius	1 Recommendation Read Replies (1) of 78627

I still own ASFI and agree with your assessment. This was a favorite of many value blogs 2-3 years ago and most (Wexboy etc) have given up on the stock now. Well, i got in late, so, I will stay a little longer. If I get the impression, that management destroys shareholder value, I will get out. I think most value investors expected that management puts the cash that is coming in to some use, and so far that has not happened yet. It would be a nice catalyst but I don't really expect anything in the near term, but I would love to be surprised.

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