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

To: Spekulatius who wrote (57727)	8/8/2016 9:00:34 PM
From: Paul Senior	Read Replies (2) \| Respond to of 78715

So I guess your purchase of IEHC has not much to do with its stated book value. "Book value is a useful metric for banks and insurance companies, but rarely so for industrials or any producer of goods." For me, with IEHC's stated bv under 1x, history of increasing book value, and past years' p/bv often greater than 1x, I see a reasonable potential as a reversion-to-mean play.

To: Spekulatius who wrote (57727)	8/9/2016 1:21:18 AM
From: Jurgis Bekepuris	1 Recommendation Recommended By MCsweet Read Replies (1) \| Respond to of 78715

Management are all over 70 years old, don't they want to retire? According to bovinebear.blogspot.com CEO's son works in the company and (my own interpretation) is possibly an heir. Also, nowadays 70 year olds don't retire. Even 80 year olds don't. So... BTW, bovinebear posts on CoBF (under different moniker though) if you want to talk to him about IEHC.