Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 -- Ignore unavailable to you. Want to Upgrade?

To: - with a K who wrote (24935)	10/5/2006 3:08:21 PM
From: TimbaBear	Read Replies (1) \| Respond to of 78644

I've recently taken positions in Emerson Radio (MSN) and Man Sang Holdings (MHJ). MHJ is selling for less than the cash on hand, has no debt, is cash flow positive, is selling below both book and tangible book, and owns commercial property in China that they are carrying on the books at their purchase cost in 1992. The drawbacks: 70% of shares owned by one individual so low liquidity; they are foreign so GAAP may be different. MSN is selling for just over book and tangible book, has had very nice revenue and net income growth, is very conservative on share dilution (I believe they have fewer diluted shares now than 4 years ago). Timba

To: - with a K who wrote (24935)	10/5/2006 9:14:00 PM
From: pcyhuang	Read Replies (1) \| Respond to of 78644

S & P Comment on OVTI Message 22797712 pcyhuang

To: - with a K who wrote (24935)	10/6/2006 8:45:26 AM
From: maverick61	Read Replies (1) \| Respond to of 78644

Thanks for posting this - I will have to check out OVTI further. I picked up one of Dorfman's other picks (didn't see the article til now) - CMC as well as SCHN (schnitzer Steel) a few days ago. Both had been in Dorfman's column over the past year and had been beaten down as of late In this case my timing was good as the whole steel indutry popped on some takeover news yesterday- but CMC and SCHN still represent deep values IMO. It was around this time a year ago I initially picked up CMC and rode it to a nice gain