WESCAST INDUSTRIES INC WCSTF

Thoughts

[Drdoctor1]

no postings on this board.  anybody out there? 
company's got no debt and 12MM shares outstanding with an enterprise value less than $80MM
recently profitable again in a recovering industry....peak of the last cycle company traded at $30 plus (same share count).  LNR and MRE have both been doing well.

[Ratszo]

Been watching it.Real low volumes tho.  Don't know what to think for an entry point.Gonna do more research ..., like the share structure? These 'A' shares non-voting?At opening today, bid/ask is 6.77 / 7.40. --could stay there for hours, illicquid.

[Drdoctor1]

thanks for your reply, I'm currently long and kicking myself for not getting in when it was 2-3.A's are non voting.  dual share is always debatable and tough for valuation, would assume you tack on a premium when doing a valuation on the voting, but how much?  in my mind the dual class is mitigated by the proven track record of mgmt, i like that they have no debt and are