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  • TheStout
    Confirmed User
    • Jul 2007
    • 2089

    #1

    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.
  • HerPimp
    Confirmed User
    • Mar 2006
    • 1197

    #2
    Symbol TSE:RCL didnt find it.

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

    Comment

    • TheStout
      Confirmed User
      • Jul 2007
      • 2089

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

      Name of the company is Ridley Inc.

      Comment

      • woj
        <&(©¿©)&>
        • Jul 2002
        • 47882

        #4
        what makes you think this may be a good buy? and it's traded on a tokyo stock exchange? what are you thinking?
        Last edited by woj; 08-27-2009, 08:01 AM.
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        • MovieMaster
          Confirmed User
          • Apr 2003
          • 897

          #5
          "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.
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          • RayBonga
            too cool for highschool
            • Nov 2005
            • 12164

            #6
            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:

            Comment

            • TheStout
              Confirmed User
              • Jul 2007
              • 2089

              #7
              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.

              Comment

              • TheStout
                Confirmed User
                • Jul 2007
                • 2089

                #8
                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
                Last edited by TheStout; 08-27-2009, 09:21 AM.

                Comment

                • woj
                  <&(©¿©)&>
                  • Jul 2002
                  • 47882

                  #9
                  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
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                  • mpahlca
                    Confirmed User
                    • Feb 2004
                    • 1821

                    #10
                    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.

                    Comment

                    • TheStout
                      Confirmed User
                      • Jul 2007
                      • 2089

                      #11
                      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?
                      Last edited by TheStout; 08-27-2009, 09:55 AM.

                      Comment

                      • DaddyHalbucks
                        A freakin' legend!
                        • Feb 2004
                        • 18975

                        #12
                        Why do you think they are undervalued?
                        Boner Money

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                        • TheStout
                          Confirmed User
                          • Jul 2007
                          • 2089

                          #13
                          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.

                          Comment

                          • Paparazzi
                            Confirmed User
                            • Mar 2002
                            • 3488

                            #14
                            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

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