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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Grommit who wrote (7562)	6/21/1999 9:39:00 AM
From: jeffbas	Read Replies (1) \| Respond to of 78627

On CAV, I had heard recently that the Southeast was sort of weak, which is where they are concentrated. I'll bet they miss estimates. I really do not see much to inspire ownership of any of the stocks. I believe there may have been over building of capacity and there are too many dealers. I don't own any and won't buy until like the AG stocks I see "the whites of their eyes".

To: Grommit who wrote (7562)	6/21/1999 7:10:00 PM
From: Q.	Read Replies (1) \| Respond to of 78627

re. mobile home builders: I compared CAV, CHB and CMH, and found that I liked the valuation for the whole sector, and of the three stocks I actually chose to buy CMH. This mobile home building business does look like a good choice for a beaten-down value sector. The p/e ratios for the three stocks are near the bottom of their 5-year range. Getting a stock with 15% growth rates at a trailing p/e of 11 is pretty decent nowadays. CHB is the largest by market cap. However, it has a negative net tangible assets and its cash flow from operations was negative in the last quarter. I don't like to see negative numbers like those. Revenues and earnings for CAV are more erratic, year to year, than for CHB and CMH. So this left me with CMH, which had a nice looking balance sheet and consistent quarterly results, as my favorite of the three. biz.yahoo.com yahoo.marketguide.com yahoo.marketguide.com Maybe the choice doesn't really matter, since it looks like the charts for the 3 are highly correlated. Especially CHB and CMH.