Motley Fool....(HWD) is incredibly cheap!Harry Winston Diamond Corporation (HWD) is incredibly cheap! Or am i misssing something?
Report February 22, 2009 RELATED TICKERS: HWD
I seem to have found an unbelievably cheap stock that is still not in dire straits. It's earning 3.87 a share yet trading for 2.85 and it has a book value 12.67. I know that the price of diamonds has been droping dramatically and it has a bit of long term debt (0.27) but it seems to be priced for bankruptcy before it's even made a loss. It also has a juicy 7% dividend but a measly 5% payout ratio making a few years of pain bearable.
Is this a value trap or just a good find?, should a wait for it's quarterly report first before making a real life investment?
https://caps.fool.com/blogs/viewpost.aspx?bpid=149734&t=01005318013914632657