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


To: Spekulatius who wrote (27442)7/24/2007 11:41:35 PM
From: Spekulatius  Read Replies (1) | Respond to of 78627
 
Found an interesting little credit card company ADVNA. They issue credit card to small business. tremendous growth during the last few years, but earnings stalled in the last quarter. they have A and B shares and i bought the cheaper A shares. PE <10 and Price/book around 1.3. Advanta appears dirt cheap compared to their larger competitors. They appear quirky but apparently they know what they are doing. i have their card also and like them.

finance.yahoo.com

Bought a small starter position only at this point but i am very tempted to add.



To: Spekulatius who wrote (27442)10/1/2007 10:07:43 AM
From: Grommit  Respond to of 78627
 
Spek, That was a good analysis. I just bought some BDN. Maybe because it has fallen slightly more since your july posting.

finance.yahoo.com