RE:BUY recommendation by Peter ImhofI like the management. They believe in the philosophy of value investing gillis. And gee whiz even the analyst Peter Imhof is buying into value investing. I guess Warren Buffet and Benjamin Graham missed this idea. (I will give you a hint...one was the one who wrote the Bible on value investing and the other made billions with the philosophy) I restated it on this bullboard a couple of days ago.
"You cannot argue with numbers. There is considerable pressure from the numbers for this sp to appreciate to a proper valuation. I have always made money on any stock with a single digit P/E. Sooner or later it will succumb just as sure as water flows downhill."
Another company with a single digit P/E is MRE. Don't feel bad for those of us who had the good sense to buy it when it acheived a single digit P/E. It ain't rocket science...just the oxymoron of financial common sense.