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.

Symbol TSE:RCL didnt find it.

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

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

Name of the company is Ridley Inc.

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

"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.

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.

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 :)

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?

Why do you think they are undervalued?

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.

search for the stock thread I posted before