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

To: Spekulatius who wrote (52728)	11/7/2013 9:25:17 AM
From: Paul Senior	Respond to of 78627

To the Bridgestone question and your clarification, Spekulatius, I did have trouble finding numbers for Bridgestone. I checked Yahoo (Yahoo numbers were wrong...too favorable as Jurgis Bekepuris may have found there), also Bloomberg, FT, Finviz, Y charts, Barron's, all before posting. Ultimately, I just decided with the auto stocks and auto-related stocks I am holding, I'd follow along also with Jurgis's interest in tire Michelin, only with Bridgestone which is, or may be, bigger. If/as car and truck sales increase, I am hoping tire manufacturer stocks continue to move up as have and will other part suppliers. I can't propose Bridgestone as a value/bargain stock. I'm only able to conclude the stock sells at perhaps 1.5x book with not a good roe -- and not much hope for an improvement in that roe. Which is what I expect for a very competitive business with almost nationalistic players -- Pirelli out of Italy, Michelin, aggressive Hankook from Korea, etc.