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: Paul Senior who wrote (39282)9/15/2010 12:23:28 AM
From: Paul Senior  Respond to of 78748
 
Addendum: Added to MVC also.

Quarterly report looked okay to me:

finance.yahoo.com

I'm hoping with this business development company that the small yield they give suggests management is focused more on long-term growth of business. Different from other BDC's that seem to me to dilute shareholders or otherwise try to secure funds or make financial manipulations just to continue to pay out high distributions.

==================
Whatsamatter w/me? I used to be able to spell. Geezerville happened, I guess. "Trimed" in my prior post s/b "trimmed".



To: Paul Senior who wrote (39282)9/15/2010 8:16:53 AM
From: Mr.Gogo  Read Replies (1) | Respond to of 78748
 
Paul,
What do you think about PNCL? Pinnacle corp.
I bought them at 8$, at 1$ and finally managed to loose some money:) The risk there was that 85% of their business came from NorthWest and they got bought by Delta. Most people thought that Delta will drop their contract, but they did not. There is good return on equity net income 41 mil / equity ~80 mil. They are selling at 4.5 at the moment.

Good Luck,
Georgi



To: Paul Senior who wrote (39282)9/15/2010 11:36:17 AM
From: Rainmaker888  Read Replies (1) | Respond to of 78748
 
Paul, if you take out the goodwill and intangibles of Hawaiian, there isn't any equity left. Curious to hear your response.