El: I would buy some ADGO, but if you swap the last 2 characters, you get ADOG, and there's no way I'm buying another company referred even close to being referred to as ADOG !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Also, seems as if Orlimar is eating everybody's lunch in golf these days...the whole industry can change overnight...yesterday Callaway, today ADOG, tomorrow Orlimar....what's hot today is cold tomorrow. Too trendy for me...kinda like fashion.
Best to stay with something tried and true like CCB...hit an all-time high today, should announce a split within a few weeks, and when/if they are eventually bought out, the multiple should be close to 5xbook value judging from recent bank takeovers....P/B and P/E ratios in the neighborhood of today's STI deal should value CCB at a minimum of $150 in a takeover...and that's based on TODAY's NUMBERS...the longer they wait, the higher the numbers go....so I don't mind waiting !!!!
GOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO CCB !!!!!!!!!!!!!!!!!!
(and GO ADOG for your sake)...
3. |