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11:17 pm
September 14, 2011
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valueinvestortoday
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| Member | posts 80 |
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Jae,
You're right, I did. LOL. I'm am getting older. Makes ya wonder how Buffett does it :) Thanks.
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10:49 am
September 14, 2011
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Jae Jun
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| posts 1453 |
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http://www.oldschoolvalue.com/…..-ltd-rell/
Jim fyi you posted the net cash response in the RELL topic :)
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6:30 am
September 14, 2011
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valueinvestortoday
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| Member | posts 80 |
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I answered this quesion yesterday but don't see my post anywhere. The question was in regards to "net cash". Therefore, I wanted to make sure the questioner was using that term properly. The definition of Net Cash is: the sum of all cash and cash equivalents minus total liabilities. The company you are inquiring about currently has $7 and change of net cash which is less than half of what it's currently trading for.
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12:20 pm
September 13, 2011
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nell
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| Member | posts 100 |
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Okay, lets pass on this one.. ;-)
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11:31 am
September 13, 2011
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Jae Jun
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looked at it quickly and seems like the current huge cash infusion was due to a one time cash receipt from a litigation. If you subtract that, the company lost money from normal operations. Looking back at its history, the company doesnt look well managed with huge fluctuations all the way from the top to bottom.
Unless there is something I'm not seeing, this is a pass.
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9:11 am
September 13, 2011
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nell
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| Member | posts 100 |
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hi,
could it be that this company is selling near net cash?
any thoughts?
best wishes,
nell
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