Saturday, December 1, 2007

more holdings news

AWI.V / AVDWF annonced earnings.

Numbers were excellent and in line with what I guessed.

EPS of .035
year over year earnings growth of 24%
.39 cash on the books.
trailing 12 month EPS of .12

I had been buying at around .50. Ask is currently around .70. I believe it is currently a bargain even at that price. With their strong quarter coming up I think it is an excellent value even at .70

ISFIF announced they are selling their learning division for 800K. I haven't evaluated the move from a business perspective yet but they do continue to raise cash for what I expect is going to be a buyout or complete liquidation of assets to shareholders.

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