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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Pink who wrote (10216)6/29/1999 11:07:00 PM
From: Mr_X  Read Replies (1) | Respond to of 18998
 
Mr. Pink (in exile)
re: Agribrands

What is the right EBITDA number to use for AGX this quarter? 30 mil? Or does the 5 mil of other expense need to be added back as well? Either way, a huge quarter. Why does the company buy back the stock so slowly, 80,000 shares a quarter or so? Seems like a wasted opportunity. There is well over $100 million of cash net of all debt and notes payables ($10/share!).

Mr. X