Monday, December 04, 2006

adr.com

Check out adr.com for a little more info regarding ACH. Looks to me like earnings are about $2 per share, and the stock has ~5% yield. I still don't think the earnings estimates are correct ($12 a share) but I feel ok buying the stock at a trailing P/E of 10 and a 5% dividend.

4 Comments:

Blogger joel said...

This comment has been removed by a blog administrator.

10:32 PM  
Blogger joel said...

That sounds a little more sturdy and "investable" now that we have a few more numbers to go off of. It will be interesting to see what trading resumes at.

I'm kind of liking the fact that Wellington and Citadel are also in the top 5 institutional holders of ACH.

10:34 PM  
Blogger Doug said...

Still unsure if the recent split means the company is really trading at a P/E of 40...

10:43 PM  
Blogger Doug said...

Weird trading halt - crazy goings on in Asia.

10:50 PM  

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