Comments on Alex Bossert's articles RSS Syndication from SeekingAlpha.com http://seekingalpha.com/author/alex-bossert/articles http://seekingalpha.com/article/172188-why-i-sold-freightcar-america?source=feed#comment-761349 761349 Sun, 15 Nov 2009 20:36:11 -0500 http://seekingalpha.com/article/172188-why-i-sold-freightcar-america?source=feed#comment-760887 760887 Sun, 15 Nov 2009 11:12:44 -0500 http://seekingalpha.com/article/172188-why-i-sold-freightcar-america?source=feed#comment-760212 760212 Sat, 14 Nov 2009 11:26:18 -0500
But that stock hasn't done well for years. ARII was another promising one gone dull. But if Buffet invested $35 Billion in railways, maybe there is something there. ]]> http://seekingalpha.com/article/172188-why-i-sold-freightcar-america?source=feed#comment-753903 753903 Tue, 10 Nov 2009 11:30:17 -0500 http://seekingalpha.com/article/172188-why-i-sold-freightcar-america?source=feed#comment-752670 752670 Mon, 09 Nov 2009 13:45:01 -0500 http://seekingalpha.com/article/172188-why-i-sold-freightcar-america?source=feed#comment-752378 752378 Mon, 09 Nov 2009 10:40:16 -0500 http://seekingalpha.com/article/172188-why-i-sold-freightcar-america?source=feed#comment-752123 752123 Mon, 09 Nov 2009 08:26:09 -0500 http://seekingalpha.com/article/166752-horsehead-no-longer-the-zinc-value-it-once-was?source=feed#comment-718745 718745 Sat, 17 Oct 2009 15:40:43 -0400
Horsehead's zinc mines came from the break up of Gulf+Western Industries conglomerate. The mines were in G+W's New Jersey Zinc subsidiary.

When I was an auditor for Gulf+Western, I audited the mines in Silver City, NM and Gilman, CO (in the Rockies, near Vail).]]> http://seekingalpha.com/article/166752-horsehead-no-longer-the-zinc-value-it-once-was?source=feed#comment-717419 717419 Fri, 16 Oct 2009 09:06:13 -0400 http://seekingalpha.com/article/166752-horsehead-no-longer-the-zinc-value-it-once-was?source=feed#comment-717362 717362 jack]]> Fri, 16 Oct 2009 08:30:20 -0400 > jack]]> http://seekingalpha.com/article/166752-horsehead-no-longer-the-zinc-value-it-once-was?source=feed#comment-716736 716736 Thu, 15 Oct 2009 16:31:43 -0400 I sold my zinc also,
thanks for sharing your thoughts.
]]> http://seekingalpha.com/article/163879-pabrai-funds-annual-meeting-notes-2009?source=feed#comment-696972 696972 Wed, 30 Sep 2009 12:25:40 -0400 http://seekingalpha.com/article/108505-what-liquidation-will-look-like-for-footstar-kmart?source=feed#comment-641007 641007 Sat, 22 Aug 2009 12:07:25 -0400
www.sec.gov/Archives/e...

On April 20th a $2 dividend was paid: www.sec.gov/Archives/e...

On Septmeber 10th a $.4 dividend will be paid: finance.yahoo.com/news... ]]> http://seekingalpha.com/article/48156-the-long-case-for-nicholas-financial?source=feed#comment-640999 640999 Why is AR growth so high despite slowing revenues? With so much of > the equity of the company tied up in AR, this is very alarming. AR > grew 12% over the past year on 7% top-line growth. In FY2007, Revenues > grew $4mm, but AR increased $24mm. It seems like they are growing > their portfolio despite the weaker recent credit experience.]]> Sat, 22 Aug 2009 11:59:05 -0400


"The primary changes include; raising the minimum income required by the debtor to qualify for loan approval, reducing the maximum dollar amount that can be advanced for certain loan applications, and the maximum dollar amount that can be approved by a branch manager on certain approvals."

1st quarter 10Q

On 2007 Sep 25 09:04 AM Alan Brochstein wrote:

> Why is AR growth so high despite slowing revenues? With so much of
> the equity of the company tied up in AR, this is very alarming. AR
> grew 12% over the past year on 7% top-line growth. In FY2007, Revenues
> grew $4mm, but AR increased $24mm. It seems like they are growing
> their portfolio despite the weaker recent credit experience.]]> http://seekingalpha.com/article/126402-zinc-producer-horsehead-appears-very-undervalued?source=feed#comment-601004 601004 Fri, 24 Jul 2009 12:11:39 -0400 http://seekingalpha.com/article/81024-seth-klarman-comments-on-money-management-and-baupost-s-approach?source=feed#comment-498618 498618 Mon, 11 May 2009 07:05:26 -0400
Apart from the above one should adhere to money management for optimum results.]]> http://seekingalpha.com/article/126402-zinc-producer-horsehead-appears-very-undervalued?source=feed#comment-475014 475014 I applaud the young man's effort but simply stating the equity is > undervalued and citing a few simple calculations from the balance > sheet is NOT evidence of an undervalued company. There's a lot of > sloppy analysis done in the investing world and this is more evidence > of it. If the author wants to be taken seriously, he will explain > whether he used an intrinsic or relative valuation technique and > then detail what he feels to be the most important assumptions in > his valuation. As an analyst at a hedge fund, if this was my pitch > to the PM I'd get fired.]]> Thu, 23 Apr 2009 19:04:58 -0400 As an supposed analyst at a supposed hedge fund, you should supposedly receive compensation for your work, unlike the author.

As a human being, you choose to express your cynicism via negative commenting and self-aggrandizement rather than just taking these blogs with a grain of salt, as most people would do.

There's probably a fair share of people on this site that are involved in valuation, M&A, VC, etc - very few of those people feel the need to express what they do on a normal basis in order to justify their comments. Even fewer feel the need to criticize other people's analysis.

If you want to know anything more than what a person has written, ask once, and then do the research yourself if they don't provide you with an adequate answer.


On Mar 18 02:43 PM Peter W wrote:

> I applaud the young man's effort but simply stating the equity is
> undervalued and citing a few simple calculations from the balance
> sheet is NOT evidence of an undervalued company. There's a lot of
> sloppy analysis done in the investing world and this is more evidence
> of it. If the author wants to be taken seriously, he will explain
> whether he used an intrinsic or relative valuation technique and
> then detail what he feels to be the most important assumptions in
> his valuation. As an analyst at a hedge fund, if this was my pitch
> to the PM I'd get fired.]]> http://seekingalpha.com/article/126402-zinc-producer-horsehead-appears-very-undervalued?source=feed#comment-431111 431111 Wed, 18 Mar 2009 14:43:17 -0400 http://seekingalpha.com/article/126402-zinc-producer-horsehead-appears-very-undervalued?source=feed#comment-430909 430909 Wed, 18 Mar 2009 13:45:24 -0400
I was an auditor for Gulf + Western and audited the zinc mines (New Jersey Zinc sub.) in Silver City, NM, and Gilman, CO, a company mining town near Vail, CO, prior to the bust up of G + W which included the creation of Horsehead.

Bill Flatley was CFO of Gulf + Western over the audit staff, and became VP at Horsehead. ]]> http://seekingalpha.com/article/126402-zinc-producer-horsehead-appears-very-undervalued?source=feed#comment-430213 430213 Wed, 18 Mar 2009 05:08:32 -0400
But I've noticed it doesn't pay any dividends. So what's the value of owning a stock just hoping someone else will pay more for it later?]]> http://seekingalpha.com/article/126402-zinc-producer-horsehead-appears-very-undervalued?source=feed#comment-430204 430204 Wed, 18 Mar 2009 04:24:26 -0400
It makes me feel a lot better to know a stock tout has his money where his pen is.]]> http://seekingalpha.com/article/126402-zinc-producer-horsehead-appears-very-undervalued?source=feed#comment-430203 430203 Wed, 18 Mar 2009 04:19:56 -0400 http://seekingalpha.com/article/126402-zinc-producer-horsehead-appears-very-undervalued?source=feed#comment-430008 430008 Tue, 17 Mar 2009 21:41:58 -0400
However, even in the near term would the company not take a beating on low zinc prices and further more on lower steel production. Steel capacity utilizations in January and February have been less than 50% and this could impact raw material supply. I do not know if the market currently factors this in the price.

Thanks for pointing out this interesting company. ]]> http://seekingalpha.com/article/126402-zinc-producer-horsehead-appears-very-undervalued?source=feed#comment-429741 429741 Tue, 17 Mar 2009 16:35:07 -0400
Part of Charlie's Gulf+Western,

I use to own a bit of that.
Old companies never die, they just change names & ownership.
]]> http://seekingalpha.com/article/126402-zinc-producer-horsehead-appears-very-undervalued?source=feed#comment-429486 429486 Tue, 17 Mar 2009 14:03:55 -0400
I am long ZINC and have been since it traded through its $3.5/share.


]]> http://seekingalpha.com/article/126402-zinc-producer-horsehead-appears-very-undervalued?source=feed#comment-429202 429202 Tue, 17 Mar 2009 11:19:14 -0400
What are your estimates for ZINC's return on capital and cost of capital and how are you computing them? ]]> http://seekingalpha.com/article/108759-thoughts-on-3q-earnings-ksws-rail-aeo-nick-pncl?source=feed#comment-353696 353696 Mon, 12 Jan 2009 15:14:37 -0500 http://seekingalpha.com/article/108505-what-liquidation-will-look-like-for-footstar-kmart?source=feed#comment-318223 318223 Mon, 01 Dec 2008 12:38:17 -0500 http://seekingalpha.com/article/108505-what-liquidation-will-look-like-for-footstar-kmart?source=feed#comment-318092 318092 Mon, 01 Dec 2008 10:01:32 -0500
Are you sure the last dividend wasn't? The company told me they felt the $1 divvy would very likely be an ROC, but wouldn't commit 100% to it. (Course, they told me the same thing about the $5 divvy early on, only to be told different come tax time !)]]> http://seekingalpha.com/article/103586-k-swiss-is-poised-to-put-its-best-foot-forward?source=feed#comment-306150 306150 Fri, 14 Nov 2008 11:59:18 -0500
PS - great article, very insightful towards KSWS!]]>