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lowside67 · 02-10-2012, 09:35 AM

I bought a bunch of YNG as the valuation is just so cheap I cant pass it up. Once they post some decent numbers (which probably wont be until Q2 2012, once they have had a full operating period with the new plant) people will realize this company can be hugely profitable. Just the valuation of their one property alone is over $0.55 / share in just PP&E...

I'd like to buy CLL but I just can't get my head around it... if the company doesn't get bought, there really is no upside... they arent profitable, and there isn't a good reason for why that would change.

Mark

02-10-2012, 09:35 AM	#6662
lowside67 Old School RS Join Date: May 2004 Location: Port Moody Posts: 4,641 Thanked 4,157 Times in 1,262 Posts Failed 130 Times in 80 Posts	I bought a bunch of YNG as the valuation is just so cheap I cant pass it up. Once they post some decent numbers (which probably wont be until Q2 2012, once they have had a full operating period with the new plant) people will realize this company can be hugely profitable. Just the valuation of their one property alone is over $0.55 / share in just PP&E... I'd like to buy CLL but I just can't get my head around it... if the company doesn't get bought, there really is no upside... they arent profitable, and there isn't a good reason for why that would change. Mark __________________ I'm old now - boring street cars and sweet race cars.