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

To: Madharry who wrote (28212)	9/26/2007 1:43:13 PM
From: Jurgis Bekepuris	Read Replies (3) \| Respond to of 78634

Here's the evaluation of MTH that you asked for in another thread: MTH Jul-07 in $M Assets 2229 Liab 1260 20% housing asset impairment 360 Goodwill+intangibles 110 Total liabilities+imp+GW: 1722 Net assets after subtracting liabilities+imp+GW: 500 I would buy it below the net assets. You can see that if we take 40% asset impairment, only about 140$M net assets would remain... Just for fun SPF: SPF Jun 2007 in $M Assets: 4019 Liab: 2400 20% imp: 660 Mortg, etc: 90 Goodwill: 200 Total: 3350 Net assets after subtracting liabilities+imp+GW: 669 If we take 40% asset impairment, no net assets would remain...