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Non-Tech : SPIN-OFFS "secret hiding places of stock market profits" -- Ignore unavailable to you. Want to Upgrade?


To: Madharry who wrote (1094)6/22/2007 10:04:36 AM
From: Spekulatius  Read Replies (1) | Respond to of 1185
 
BR -
br the high multiple to book is what scares me off this one.

Well it's an extremely profitable business. ROA is probably 50%. As an investor, i look at FCF yield or if i believe it may be taking out by private equity i look at EV/ EBITDA. on both metrics BR looks reasonable and i believe the upside is that BR's management is sandbagging.

BR is doing good today, i wonder if something is up already.