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TheStout · 08-27-2009, 07:32 AM

What can you guys tell me about

Ridley Inc.
(Public, TSE:RCL)

What do you think of this stock at first glance? It seems to be undervalued by quite a bit with an intrinsic value of about $17.07.

HerPimp · 08-27-2009, 07:45 AM

Symbol TSE:RCL didnt find it.

Was thinking of getting some GE today. Cash for appliances is next bailout bullshit.

TheStout · 08-27-2009, 07:59 AM

http://www.google.com/finance?q=TSE%3ARCL

Name of the company is Ridley Inc.

woj · 08-27-2009, 08:58 AM

what makes you think this may be a good buy? and it's traded on a tokyo stock exchange? what are you thinking?

MovieMaster · 08-27-2009, 09:09 AM

"Spng" bought 25,000 shares at 13c now its up to 19c and financials are being reported Sat I believe... should break the 30c barrier.

RayBonga · 08-27-2009, 09:16 AM

I think fairfax owns some, which is a good sign if you like them (Prem Watsa, the ceo was one of the first guys to talk about the subprime dangers and it's know as good value investor).

From your google link earnings seem ok , more less stable around 70cents for the last years, so $7-$8 price is not terribly expensive. Do you know what they plan to do in the future or what could move the price?

In the end you have to do your own research :2cents:

TheStout · 08-27-2009, 10:16 AM

Quote:

Originally Posted by RayBonga

I think fairfax owns some, which is a good sign if you like them (Prem Watsa, the ceo was one of the first guys to talk about the subprime dangers and it's know as good value investor).

From your google link earnings seem ok , more less stable around 70cents for the last years, so $7-$8 price is not terribly expensive. Do you know what they plan to do in the future or what could move the price?

In the end you have to do your own research :2cents:

Fairfax does own some. I have done research and I am pretty sure it is undervalued.

TheStout · 08-27-2009, 10:19 AM

Quote:

Originally Posted by woj

what makes you think this may be a good buy? and it's traded on a tokyo stock exchange? what are you thinking?

I think you are looking at the wrong stock man. Its a North American company

woj · 08-27-2009, 10:29 AM

Quote:

Originally Posted by TheStout

I think you are looking at the wrong stock man. Its a North American company

TSE=Tokyo Stock Exchange
TSX=Toronto Stock Exchange

http://www.acronymfinder.com/TSE.html

looks like that stock is actually traded on the TSX, and google labeled it as TSE...
but my bad, I probably should have looked into it more closely before

mpahlca · 08-27-2009, 10:39 AM

I think you should look at what you are buying ridley is spread out over a bunch of countries in different markets and different share values, each is owned majority by the holding company. So your research better be bang on cause it looks to me like they would dump the Canadian subsidiary Ridley Inc. in a sec if it keeps having $52 million a year losses.

TheStout · 08-27-2009, 10:54 AM

Quote:

Originally Posted by mpahlca

I think you should look at what you are buying ridley is spread out over a bunch of countries in different markets and different share values, each is owned majority by the holding company. So your research better be bang on cause it looks to me like they would dump the Canadian subsidiary Ridley Inc. in a sec if it keeps having $52 million a year losses.

Thanks but still confident in my purchase. Any other stocks to look over?

DaddyHalbucks · 08-27-2009, 02:18 PM

Why do you think they are undervalued?

TheStout · 08-27-2009, 03:06 PM

Quote:

Originally Posted by mpahlca

I think you should look at what you are buying ridley is spread out over a bunch of countries in different markets and different share values, each is owned majority by the holding company. So your research better be bang on cause it looks to me like they would dump the Canadian subsidiary Ridley Inc. in a sec if it keeps having $52 million a year losses.

Ridley Inc. made 6 million last year. Fairfax owns 72% which I like as well. The "real" value is about $17 according to my calcs.

Paparazzi · 08-27-2009, 04:18 PM

Quote:

Originally Posted by TheStout

Thanks but still confident in my purchase. Any other stocks to look over?

search for the stock thread I posted before

08-27-2009, 07:32 AM	#1
TheStout Confirmed User Join Date: Jul 2007 Posts: 2,089	Stock Experts What can you guys tell me about Ridley Inc. (Public, TSE:RCL) What do you think of this stock at first glance? It seems to be undervalued by quite a bit with an intrinsic value of about $17.07.

08-27-2009, 07:45 AM	#2
HerPimp Confirmed User Industry Role: Join Date: Mar 2006 Location: Earth Posts: 1,197	Symbol TSE:RCL didnt find it. Was thinking of getting some GE today. Cash for appliances is next bailout bullshit. __________________

08-27-2009, 08:58 AM	#4
woj <&(©¿©)&> Industry Role: Join Date: Jul 2002 Location: Chicago Posts: 47,882	what makes you think this may be a good buy? and it's traded on a tokyo stock exchange? what are you thinking? __________________ Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000 Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager Last edited by woj; 08-27-2009 at 09:01 AM..

08-27-2009, 10:39 AM	#10
mpahlca Confirmed User Industry Role: Join Date: Feb 2004 Location: Vancouver Posts: 1,821	I think you should look at what you are buying ridley is spread out over a bunch of countries in different markets and different share values, each is owned majority by the holding company. So your research better be bang on cause it looks to me like they would dump the Canadian subsidiary Ridley Inc. in a sec if it keeps having $52 million a year losses. __________________ I could give two shits wether you read this sig or not.

08-27-2009, 02:18 PM	#12
DaddyHalbucks A freakin' legend! Industry Role: Join Date: Feb 2004 Location: Las Vegas, Nevada USA Posts: 18,975	Why do you think they are undervalued? __________________ Boner Money

08-27-2009, 07:59 AM	#3
TheStout Confirmed User Join Date: Jul 2007 Posts: 2,089	http://www.google.com/finance?q=TSE%3ARCL Name of the company is Ridley Inc.

08-27-2009, 09:09 AM	#5
MovieMaster Confirmed User Join Date: Apr 2003 Posts: 897	"Spng" bought 25,000 shares at 13c now its up to 19c and financials are being reported Sat I believe... should break the 30c barrier.

08-27-2009, 09:16 AM	#6
RayBonga too cool for highschool Join Date: Nov 2005 Location: East side, West side, Worldwide! Posts: 12,164	I think fairfax owns some, which is a good sign if you like them (Prem Watsa, the ceo was one of the first guys to talk about the subprime dangers and it's know as good value investor). From your google link earnings seem ok , more less stable around 70cents for the last years, so $7-$8 price is not terribly expensive. Do you know what they plan to do in the future or what could move the price? In the end you have to do your own research :2cents: