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


To: paulelgin who wrote (47412)4/11/2012 11:09:31 PM
From: Spekulatius  Respond to of 78708
 
re XLS issues:
Message 27800607
Message 27829398

Main issue: ~2B$ pension hole which due to still high assumed rate of return may even underestimate the real liabilities. This 2B$ net (5B$ gross) liability does not show up in most Enterprise value calculation even though in my opinion it should. Management downplays the issue, imo (and this is putting it mildly).