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 : 50% Gains Investing -- Ignore unavailable to you. Want to Upgrade?


To: Steve Felix who wrote (30741)8/4/2002 10:17:38 AM
From: Dale BakerRead Replies (1) | Respond to of 118717
 
GVHR is new to me - what is not so easy is their razor-thin margins. I have never liked business that barely scrape out a profit from hundreds of millions in sales. Compare GHVR to COGI's last six-month report:

biz.yahoo.com

If GHVR continues to lose clients and can't make up for that with higher average salaries, their modest profit would vanish completely.

GVHR is probably fairly valued in operational terms - they have a lot of cash, however, which normally would yield a higher share price.

Something else has been priced in by the market that we aren't seeing. I rarely follow staffing companies like GHVR, so maybe someone else will spot it.