mkonomtupu wrote:I am selling half of KPLC portfolio today, this company needs too much capital and is not good in utilizing capital it's like an airline. i'm looking for better bargains now that the market is looking down
Does it need capital? Yes, but that's what it raised in Dec 2010. The enhanced Capital Base will allow KPLC to borrow at good rates. Of course, there are many factors but I see good profit [EPS growth] over the next 2 years...
Of course, there are other good firms out there as well but KPLC sells a product you will not want to cut out of your life!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett