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

To: Robohogs who wrote (46983)3/12/2012 9:51:21 AM
From: Spekulatius  Read Replies (2) | Respond to of 78748
 
CERGF - i looked at this briefly. Robohogs is correct that they are an investment holding and have disposition gains and losses which run through the income statement. Hence EBITDA is indeed not relevant but NAV should be. They eventually want to be become an operating business apparently but right now, it's a mix between an investment holding and some AG assets.

It might be a good bet with Viterra now getting a bid from Cargill, who knows.


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