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Flexsteel Industries Inc. Message Board

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  • pmlljl pmlljl Jan 25, 2008 4:29 PM Flag

    I had to find my old posts to see how long it had been

    doubledownposse:

    Asset replacement cost is a different thing than a discount to net working capital. I am assuming that you didn't determine the asset replacement cost on your own, so who did you rely on to do that for you? Do they know what they are talking about? I don't know how to value railroad tracks and choo-choo trains. Railroad tracks and engines have value to only a select group of railroad companies.

    I did a one day trade in BNI at its last earnings report and made out rather well. I very rarely do that. I want to buy it again but I have been debating with myself what price to pay. WEB seems determined to keep buying it.

 
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