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

To: MCsweet who wrote (46605)	8/15/2012 4:03:55 PM
From: Paul Senior	Read Replies (3) \| Respond to of 78480

WILC. So far it seems the negativity expressed here last couple of quarters ago about this Israeli food company has been correct. It's now another quarter of poor WILC company performance. With no end in sight. Maybe worse, as I read the q issued now. I bought in part because I have hoped for a turnaround in the business -- at least the company being able to increase its food prices to customers to keep up with its increasing costs. That isn't happening. I believe I'll hold a little longer. Cash + securities = US $51M. Net current assets = $78.4M - $8M (which is current and long-term lia) = $70.4M. 12.97M sh. issued and outstanding. (down apparently from 13.6M in '11; so maybe there has been a share buyback) . So nca = 70.4/13 = $5.42. Dr Graham might have said, it's a buy at 2/3, ie. $3.61. Stock's now at $4.11. finance.yahoo.com