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Hallwood Group Incorporated Com Message Board

  • p11ke p11ke Sep 28, 2011 2:10 PM Flag

    Getting Ridiculous

    Book value of $40 per share, working capital of $29 per share which includes $10.7 million or $7 per share in charges for the Hallwood energy litigation issue.

    At current $9 area, trading at a 69% and 77% discount to working capital and book value levels. Company was profitable in the last quarter from an operations perspective prior to the litigation charge.

    Would guess a large holder is dumping to move it off the books regardless of fundamentals.

 
HWG
12.340.00(0.00%)May 16 12:42 PMEDT

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