Mon, Jul 28, 2014, 9:19 AM EDT - U.S. Markets open in 11 mins.

Recent

% | $
Click the to save as a favorite.

Furniture Brands International Inc. Message Board

  • tim_stabosz tim_stabosz Nov 15, 2009 11:15 AM Flag

    A $180 M market cap is INSANE for this company!

    These brands are worth more than $180 million! Wake up, Wall Street!! Selling for 60% of book value. 1.5-2.0x historical peak EPS. Net debt is only $25 M, on $325 M or so in shareholders' equity. Current assets are 3.5x current liabilities, so they have liquidity OUT THE ASS! Company will likely return to profitability in 2010, IMHO. What am I missing here??!

    Increased my position another 10% or so on Friday. I now own more shares, outright (195,000), than the CEO, which, based on this comment of his in the conference call...

    "I can tell you that I am our largest individual shareholder."

    ...makes me the largest individual shareholder of Furniture Brands, Intl.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.