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Dover Corporation Message Board

Investor_CPA 1 post  |  Last Activity: Oct 10, 2014 1:52 PM Member since: Feb 1, 1998
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    Hasn't been a good investment in ages.

    by wallstreetmaven40 Oct 8, 2014 10:24 AM
    investor_cpa investor_cpa Oct 10, 2014 1:52 PM Flag

    Wall Street - Perhaps you need to cut Luann Via, CEO some slack and if you have taken the time to study this Company you will know what I mean. Their private credit card business has never been better, the Company is the most profitable it has been in years ,and is in the midst of a transformation with its MPW stores and its debt-free balance sheet. The fact that you can't even recite the CEO's name tells me you are just a trader. I buy businesses and this one still has a bright future. The fact that the Company lost nearly $100 million in capitalization in the last 2 weeks, simply because of a 10 million miss on revenue for one quarter is plain and simple stupidity. There is clearly opportunity here long-term. My basis is under $2. The reversal of the valuation allowance for deferred taxes (whcih I think will occur in the next 12 months) will add $1 to book value. This one is a bargain.

    InvestorCPA.

DOV
73.83-0.37(-0.50%)Dec 26 4:00 PMEST

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