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Strategies & Market Trends : Value Investing

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To: E_K_S who wrote (59624)7/13/2017 3:38:46 PM
From: MCsweet  Read Replies (1) of 78750
 
SENEA

I appreciate good value ideas when everything is expensive. SENEA has frequently popped up on my value screens over the years and seems to be good for range trading. Currently it one of the best values on a book value basis plus it is profitable.

That being said, I am on the fence with this one. It seems like a perennial mediocre business, as whenever I check on it, I'm not very impressed with the company's results. With a secular move away from processed and packaged goods, I wonder whether value-based range trading will continue to work.

MC
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