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


To: Paul Senior who wrote (19350)6/24/2004 1:02:07 PM
From: Area51  Read Replies (1) | Respond to of 78525
 
Hi Paul,

I never really understood the ACAS valuation discount relative to ALD (other than less followed \ shorter history).
Given that ACAS dividend, earnings and book value are 20% plus greater than ALD isn't ACAS worth 20% plus more than ALD? (which would say if ALD is worth 24, than ACAS should be worth at least 29?)

Thanks,
Area51