Wednesday, December 13, 2006

Alaska is good and sgi is.....

i like alaska milk corporation :) from a fundamentalist's or value investor's point if view it is a very good company :) not much debt and its financial status is very healthy and recently an american company bought a lot of shares in the company. I'm really not familiar with the company that got shares in the company. But if you ask me would i buy shares in the company right now? It depends in how you look at it. If it was benjamin graham you were talking too he would probably buy shares in the company around the 2.80-3.20 range :) but if it what warren buffett you were talking too he wouldnt buy shares in the company because its earnings prospects dont look that good tsktsktsk but if your talking value wise it is a good company :) so in value investing there are different branches :) like when i was talking to my friend eric, a fellow value investor also, there are some things that we agree on and a few things that we dont :) an example would be sgi. I like sgi because of its value that has yet to be unlocked. The only thing that's lacking in this company is support from the family or management. A little press release here and there, presenting to the media what the present projects the company are undertaking would really help in unlocking shareholder value. Despite that shortcoming of the company i still like it. :) the company has 15% downside and so much upside. :) thats one important thing to be a value investor. You really have to have a lot of patience. To have faith when everything looks hopeless.... :) to be a good value investor takes a lot of patience and guts. :) i really hope i could promote value investing in the country :) godbless

1 comment:

Unknown said...

boss! i totally agree. even though we are value investors, our views tend to differ on certain issues. I still have my SGI shares because I also looked at the potential up/down sides that you mentioned. At these levels it would be a foolish move to dispose of SGI due to the underlying fundamentals.