SI
SI
discoversearch

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 : Value Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bob Rudd who wrote (6081)2/23/1999 11:08:00 AM
From: Allen Furlan  Read Replies (1) of 78507
 
Thoughts on LWN I had to make funeral arrangements for my father last year. Three funeral homes carrying family names and well known in the Cleveland area(sponsors of bowling teams,etc) turned out to be Loewen.
If I were to guess at the brick and mortar and equipment value of these "homes" I would guess at 500,000. If LWN paid a million plus for these facilities in cash(financed by debt), then corporate book value is primarily the goodwill names of the prior owners but the debt is very real. Certainly LWN is an interesting speculation, but do not put credence in low p/bv evaluation.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext