Mr. Pink's Picks: selected event-driven value investments Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mr. Pink who wrote (2060)	8/18/1998 6:45:00 PM
From: Bill Murphy	Read Replies (1) of 18998

Mr. Pink, are you familiar with Foster Wheeler, FWC? It has a book value of $15.50 trading at $14 with a 6% dividend and a long history of honest management and dividend payments. Backlog of orders looks decent, nothing bad enough to account for the 70% drop in the stock price. The disaster concerning the "Robbins Project" is all I can find, besides the impending world recession, that would cause this company to get smashed as it has. Even so, from my figures, this wouldn't cause bankruptcy. Is there value here, or am I missing something?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next