Top Bullboards post:
“Hard book under the new IFS is $2.65. This doesn’t take into account replacement value nor take into account positive trends in real estate appreciation. Considered together, hard book is above the $3 level. Then, add premium associated with large backlog of $180 million. Companies looking to boost growth and earnings profile will find this very attractive. Minimum of $20 million but more likely $30 million for the backlog. Split the diff and it’s an additional $1.75 per share for a total takeover price of about $4.50. If the cash is returned to shareholders, the company, less cash should go for at least $3 per share.” From marketman3 on the Global Railway Industries (TSX: T.GBI, Stock Forum) board.
Top Bullboard:
Yellow Media (TSX: T.YLO, Stock Forum) received the most reads and second-most posts on a day its stock slid more than 18%.
Top blog:
coffintrader says members should take a look at this small scale gold producer that will crank up production next year to 40,000 oz a year in the WallStreet Investing blog.