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: Paul Senior who wrote (32488)	10/16/2008 2:41:55 AM
From: Oblomov	Read Replies (1) \| Respond to of 78740

The valuations on some large and midcap stocks are just stunning. COP, for example, trading at 4x FCF and a 15% discount to BV. Several of the drybulk shippers are trading at 50% of BV or less. BG (which I held from the IPO in 2001 until February of 2007) is trading at 0.6x BV and a trailing P/E of 4, (although the synthetic soybean crush spread is down about 40% from this summer, it's still above 2007 levels)...Some of the refiners are trading near or below NCAV and the 3-2-1 crack spread has been creeping up.