william

The Emperor (Mr. Ackman) Has No Clothes

instead of speculating on abk which I am long- take a look see @
awrcf.ob--Asian Infrastructure play including Australia,Thailand and China- copper wire for telco and power industry- current price $3.10
you get rev of $510 Million and net of .35-- book value $10.00 ( does not include large hordes of land and building at current values), cash/sh around $3.75- 13.8 million shares outstanding and Michael Dell's fund owns 20%-- you get a PSR=.08, trailing 12 PE 8.8X, trading 20% below cash value and 70% below stated book-- company been growing by 30% during the past 5 years
all this for $3.10-- management intends to list nasdaq soon according to press release.
THE CHEAPEST STOCK IN THE UNIVERSE! AWCRF.OB
CONCERNING ABK- NOT TRADING VERY POSITIVE- IT COULD TRADE BACK INTO THE LOW $3.00 RANGE--LOTS OF UNCERTAINTY- THIS MARKET IS EXTREMELY SENSITIVE TO ANY RATTLE!