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


To: E_K_S who wrote (46915)3/6/2012 11:08:09 PM
From: Paul Senior  Read Replies (1) | Respond to of 78516
 
GRC too tough for me. On relative p/e basis it could be a buy (forward p/e is 14x (says Yahoo), vs historical of 20-21) Otoh I don't know why I'd pay this high a p/e for a stock with a not so stellar roe (14-15%). Maybe under $20/sh I'm interested. I'd say a buy if market crashes and takes GRC down to about $15.

Meanwhile I continue to hold shares of competitor FLS. That one's not a buy for me either at current price.

Jmo, and I've been wrong many, many times.