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


To: anializer who wrote (28620)10/26/2007 10:42:10 AM
From: Jurgis Bekepuris  Read Replies (1) | Respond to of 78753
 
IMHO, SPF quarterly report was positive. The balance sheet did not deteriorate, it actually improved a bit.

On the other hand, the special meeting to increase the number of shares is possibly negative. It is not clear what the company plans to do with the shares, but it may dilute the existing shareholders. On the other hand, it might be just a protective move against takeover or such. It still is not clear.

I am still holding a position in SPF.