Description

Sign up or Log In

Sign up for free guest access to view investment ideas with a 45-day delay and read the full report.

Log in to read the full report.

show sort by

You are not eligible to view 4 messages. To gain access to more recent message posts signup free for membership.

#	AUTHOR DATE SUBJECT
20	member 12/28/05 3:05AM pete0911
Yes, indeed. Good news for Bexil shareholders, too. Their portfolio was undermarked after all. Looking at the figures on this York investment, I think maybe the Winmills aren't such poor capital allocators 1 view available tags
18	member 12/21/05 2:36AM rrackam836
They put their financial statements in their press releases. So you can go to the 12/13/05 press relase for the 9/30/05 financials. If you read that, the historical annuals, and the documents filed... login to read the rest view available tags
14	member 8/19/03 10:10AM Less safety
I'm not sure if anyone is still following this but the margin of safety is eroding a bit. Cash and marketable securities minus all liabilities is now $4.37 per share but the stock is... login to read the rest view available tags
13	member 7/24/01 11:54PM Does bad mgmt matter?
Just talked with a former employee...used to run the Dollar Reserves and the CEF's. His main concerns with the company are that he feels they are in the process of converting the CEFs to... login to read the rest view available tags
12	member 7/20/01 11:37AM tank
I think the main focus of the idea is the incredible margin of safety versus assets that are liquid within an entity that is free of obligations and cash burn. The secondary factor is... login to read the rest view available tags
11	member 7/20/01 11:20AM AUM
I have slightly different numbers from Morningstar as of 6/30/01: MIDSX: $37 mil MISEX: $22 mil MUSOX: $3 mil MIDIX: $3 mil TUX: $12.4 mil GIF: $29.8 mil BXL: $11.2 mil I have a slightly higher... login to read the rest view available tags
10	member 7/19/01 2:02PM AUM revisited
looks like they own shares in their own funds..they aren't minority owners of the CEFs Talked with the company....two open ended funds of any size Midas Fund (approx $35m of AUM) and Special Equities ($20M AUM)... login to read the rest view available tags
9	member 7/19/01 10:18AM how much under mgmt
looks like they own minority stakes in two of the three closed end funds....does your AUM # take this into account? Also, their marketable securities look to be invested in affiliated funds...does that mean gold funds... login to read the rest view available tags
8	member 7/16/01 7:54PM lil305
Hey, but size doesn't matter! :) Seriously, though, there is no minimum market cap or liquidity requirement on this board. And, for certain individuals (including yours truly), the volume here is still meaningful relative... login to read the rest view available tags
7	member 7/16/01 7:49PM > I still maintain that it is
> I still maintain that it is NOT obviously a buy unless the controlling family plans to sell/liquidate. There are a lot of asset-rich companies selling way below NAV, even when NAV is mostly... login to read the rest 2 view available tags
6	member 7/16/01 5:52PM Peanuts
Come on. Market cap is $3 million, 3/31/01 cash was $6.5 million, with daily trading volume of 800 - 2000 shares (7000 shares today). Lack of size and liquidity is the real issue. view available tags
5	member 7/16/01 5:11PM discount to cash
You're right insofar as selling major chunks of the biz in the recent past was a good move. Also, this may be a sign that the controlling family is ready to throw in the... login to read the rest view available tags
4	member 7/16/01 3:49PM fw51
Your stock price graph is right. There was a crazy spike in the early part of 1999. This was because of excitement over the sale of the brokerage operations to Royal Bank of... login to read the rest view available tags
3	member 7/16/01 2:02PM History
Not sure if my stock price record is right. It showed a big rally during late Jan. and early Feb. in 1999 and the stock once surged over $6. What happend then? Any indication to view available tags
2	member 7/14/01 11:24AM duff
>THey haven't been very good to shareholders in the past and have not created any amazing value for the company all these years - a time in which mutual funds/asset management should have been a... login to read the rest 3 view available tags
1	member 7/13/01 6:37PM BULL & Bear
This company was trading below its cash per share 9 or 10 years ago when I looked at it. I think a key aspect of this investment is that there is a controlling family, and you... login to read the rest view available tags

load more messages

			2020	2021
Price:	19.17	EPS	-3.00	$5.54
Shares Out. (in M):	105	P/E	N/A	3.5x
Market Cap (in $M):	2,009	P/FCF	N/A	4.1x
Net Debt (in $M):	834	EBIT	-190	765
TEV (in $M):	2,834	TEV/EBIT	N/A	3.7x

Description

Sign up or Log In

Sign up for free guest access to view investment ideas with a 45-day delay and read the full report. Log in to read the full report.

Sign up for free guest access to view investment ideas with a 45-day delay and read the full report.

Log in to read the full report.