ummmmmmmm........
the "father" of security analysis
http://www.bookdepository.com/Secur...780071592536&gclid=CPbG5ee6uM4CFYGYvAodaKgLuQ
imho - B.G. would classify this company as "distressed" ......but also a "cigar-butt" type investment (ie its a call over the oil price). it offers margin of safety (asset coverage), and high leverage to eventual rebound in earnings ........
he would also recognise the hole in the bal sheet ......
rgds
V_H
more money than sense, page-77
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
