RE: What''''s the problem with this company?
If you did some "heavy analysis" on KFS you must have
looked very closely at LG and its problems.
I would be interested in knowing what you looked at
with regard to LG. For the past 4 or 5 years LG has
consistently performed at a very poor level. LG is a
major portion of KFS's business and I doubt that the
stock price can move up without strong signs that LG
is turning around.
I am cautious on KFS and want to see that LG has righted
itself before I buy.
I see the potential in KFS with a $65 investment portfolio
but I also see the danger with a history of constantly
turning in poor C/R's and reserve adjustments.
I also think that 30% is a pretty meager gain if LG has
turned around. If LG has turned around KFS could easily
double from here quickly and continue to show good gains
in the years ahead.
A turn around at LG is a big IF. Please explain your
optimism.