SI
SI
discoversearch

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: anializer who wrote (37315)4/9/2010 9:16:29 AM
From: Walter Bagehot  Read Replies (1) | Respond to of 78717
 
anializer - you have to admit the irony of talking about speculative investment on a value investing thread...!

Needless to say, I can't disagree with spekulatius - if there are hairs in the reporting, how can you trust management to have been upfront in 2009?

Graham / Buffett - protect yourself on the downside so you don't have to hope for the upside. Too much hope, speculation and future projections to label shipping investments as value investments.



To: anializer who wrote (37315)4/9/2010 10:27:02 AM
From: Spekulatius  Read Replies (1) | Respond to of 78717
 
re FREE - have they filed 20-F form for Y2009. if so, i have missed it. I only see a form about the press release regarding Y2009 earnings but no 20-F. My point is that the press release of Y2008 FY earnings omitted some essential information, the 20-F for Y2009 may reveal more unpleasant information as well.

FREE essentially operates with a 1:1 debt/equity - so if the book is overstated by 20%, the equity book value falls by 40%.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News