Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Spekulatius who wrote (50103)	11/19/2012 7:40:29 PM
From: Paul Senior	Read Replies (1) \| Respond to of 78626

I'm also holding Bongrain too. Watching LEY.pa for a possible reentry: finance.yahoo.com

To: Spekulatius who wrote (50103)	11/22/2012 12:05:40 PM
From: Spekulatius	Read Replies (3) \| Respond to of 78626

BH.PA. - bought some more this AM as my limit order at 43.5 Euro hit. Very strange trading today, as the stock fell off a cliff from 44+ Euro to 42.5 Euro in a nanosecond. Somebody most have sold a chunk with a market order. That happens in small cap land apparently in Europe as well. No news that I can find and they are not scheduled to release anything. A food stock selling well known branded goods and trading below tangible book (50 Euro) is rare and BH.PA sleepy management managed to get there. Strange enough, the companies last operating earnings were up ~30% YOY (from a low base), although net earnings were down, due to a writeoff of some ops in Spain and higher taxes. They mention tough economic climate, no surprise there. However, their business is fairly resilient and operations in most other countries provide the majority of the revenues (France, Germany, US, rest of the world) are providing better earnings. I believe BH.PA should easily be able to do north of 5Euro/share in earnings in a decent year, but who knows when they will have one LOL.