Is "paying close to double for TGR" due to the number of shares of 147m for TGR vs 87m for HUO? IMO, when earnings per share are 3 times, TGR represents good value.
True re new pens that HUO are building, but when the forward wholesale price is indicating a downward trend, then are they supplying into a market where the demand is not increasing as much as supply. It would be interesting to see what the ROIC is for the pens with the lower wholesale prices.
HT1
TGR Price at posting:
$3.88 Sentiment: Buy Disclosure: Held
