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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (5208)10/30/1998 12:16:00 AM
From: Shane M  Read Replies (1) of 78525
 
Paul,

Starting to buy SPF: Standard Pacific

A company in the manufactured home business that I find attractive is Champion Enterprises, CHB. It's more expensive on a book value basis than SPF or BZH, but you get a better ROE, and the book value for CHB is growing more rapidly, PE for each is about the same.

On a lighter note: the name Standard Pacific brings back bad memories of a recent stock price implosion I suffered through in Southern Pacific Funding. <g> That is reason enough for me to look elsewhere... :-)

If you have an opinion on CHB I'd be interested to hear.

Shane
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