Comments on: Negative Enterprise Value Stocks Outperform:Up 103.98%

By: Jae Jun

Jae Jun — Thu, 04 Jun 2009 21:16:14 +0000

Hi Yash,

I really cant say much about PRGN as shipping is a little beyond my circle of competence. I do know that with shipping companies, it’s important to check their cash flows and whether they can meet debt payments, if they have any, as well as the locked in backorder or contract percentage (cant remember the proper term).

Since I don’t know enough on PRGN to provide an intellectual answer, I’ll just have to skip on this one.

Thanks for the idea.

By: Yash

Yash — Thu, 04 Jun 2009 02:52:18 +0000

Any thoughts on PRGN? It looks cheap at a price of 5.45

By: Jae Jun

Jae Jun — Thu, 28 May 2009 08:00:00 +0000

Will be looking at MHH first since it is a spinoff, is profitable, has a long operational history before the spinoff and looks to be dirt cheap.

Lots to read up on. Will write a full valuation on MHH when I can.

By: Dom

Dom — Tue, 26 May 2009 20:20:00 +0000

Don’t have time to verify this now, but somehow I remember the Yahoo market value for MHJ is wrong, due to the fact that 1 MHJ share = x shares in Hong Kong (symbol 0938).In fact, the market value of 0938 is HK$489.9 million. http://www.aastocks.com/en/stock/basicquote.aspx?symbol=00938

Perhaps you want to double check this before diving in.

By: Jae Jun

Jae Jun — Tue, 26 May 2009 16:21:36 +0000

Thanks for pointing that out. I’m not sure why I said it was Chinese. I’m getting confused with all these other Chinese net nets I’ve been looking at.

Edited.

By: derek

derek — Tue, 26 May 2009 13:16:05 +0000

How did you determine that QLTI is Chinese? Its based in a populated part of Canada where the majority is Asian, but thats about it.