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

To: 56Chevy who wrote (55554)	6/27/2015 8:03:07 PM
From: E_K_S	Read Replies (1) \| Respond to of 78748

What do you estimate fair value to be and why? EKS

To: 56Chevy who wrote (55554)	7/23/2018 4:49:15 PM
From: Graham Osborn	Respond to of 78748

This one is worth a post-mortem. Since you posted, revenue is up 30%, tangible book is down 115%, and the stock is down 84%. Maybe this is a lesson that distressed sometimes gets more distressed. Or maybe that time is the enemy of the commodity-type business. I was hoping to back this up with poor performance for my own picks in the oil-and-gas sector, BNKJF and TGA. Unfortunately the former was acquired and the latter is up about 3X off its lows for no particular reason. However, TGA's fundamental performance since 2015 has been abysmal.