Recent

% | $
Quotes you view appear here for quick access.

Investors Title Co. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • astral_tsar astral_tsar Jan 28, 2012 8:16 PM Flag

    Seeking Alpha article

    pj,

    Yes, I read the article. I thought it was sensible. I'm relieved to see somebody kind of independently confirm (roughly) the assets + business valuation that I give to this thing. The recent share buyback gives notice that the cash and securities are not just numbers, they can be & have been spent to improve the picture for investors.

    I hadn't known that about Fine Sr. I think by now whatever stigma should attach to academia has worn off!

    And I like the Texas expansion. Tough times are good for expansion, everything costs a bit less. And plus that's another way for some of that giant pile of money to be spent in a way that directly helps shareholders.

    • astral:

      ..."whatever stigma should attach to academia has worn off!"

      Well, it has been so long since he has been a college professor that it is likely that he was not like the modern accountants. In my opinion, ITIC's financial statements are very clean and straight forward. I think their accounting would serve as a good model for other companies.

      Regarding the Texas expansion, I like that Texas has a strong economy, partly due to demand for energy, and that its political outlook is much better than most of the rest of the country.

 
ITIC
77.75+3.50(+4.72%)May 1 3:59 PMEDT