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: IndependentValue who wrote (52823)	11/18/2013 6:50:20 PM
From: Paul Senior	1 Recommendation Recommended By E_K_S Respond to of 78673

SIMO. I've no comprehension of why you calculate market cap as a fraction of NCAV or why you use 2/3 as a bogey. Otoh, it's not important whether I understand it or not-- it's only important that you do. SIMO for me is a reversion-to-mean play with an okay dividend while waiting. Some margin-of-safety (maybe) with okay cash component and only little long-term-debt. When the company's been profitable (8 of the past 10 years), it's been very profitable (net margins). Sometimes the roe's been pretty decent too.