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A company with a 2009 p/e just over three…

June 17th, 2009 · No Comments

Is there a catch?

Well, sort of, but not too much to worry about. We’ve written extensively on that catch. We feel that the solid growth and financial position in this company warrants a much higher share price (more like that of a year ago). There is a bit of softness in the share price these days, picking some up (at $6.90) seems like a good idea. Any softness is likely to be quite temporary, and although it’s difficult to predict exact (relative) bottoms, we think most the softness should already have passed. Buying into it seems a smart idea to us.

If you want to know more click our earlier writings here.

Tags: CSR