I came across MWRK while reading this post at Fat Pitch Financials. I was intrigued by the thesis that MWRK could be falling below intrinsic value simply because Bear Stearns has a cash crunch and is being forced to liquidate stocks. Mothers Work is a niche retailer selling maternity clothes, and certainly seem to have [...]
Entries from August 2007
MWRK : A value trap?
August 28th, 2007 · 1 Comment
Tags: Stock reports
AVCA : Management-shareholder standoff
August 21st, 2007 · No Comments
Advocat (AVCA) is an operator of nursing homes. The stock has been badly beaten down recently as management has failed to reveal a bid for the company until after they had turned the bid down. The company has a shareholder rights plan which prevents takeovers over the management’s objections, as well as a staggered board. [...]
Tags: Stock reports
Fed Reserve Reg D
August 19th, 2007 · No Comments
In the process of trying to move money into my stock brokerage account today, I bumped up against transfer limits laid out in Federal Reserve Regulation D. This regulation stipulates that the number of withdrawals from savings and money market accounts cannot exceed 6 in a single month. The aim is apparently to prevent the [...]
Tags: Investment articles
Akismet and PageRank
August 19th, 2007 · 1 Comment
Did some additional site maintenance tasks today. For unknown reasons, the reCAPTCHA plugin is not stopping spam comments on one of my posts. Only that particular post is affected; non of my other entries seem to be getting swamped by comments. In frustration, I decided to apply for an API key at wordpress.com and activate [...]
Tags: Site news
CRWS : An update
August 16th, 2007 · No Comments
Alerted by a commenter (thanks primorec) of a mistake in my valuation of Crown Crafts in my previous post, I decided to re-evaluate CRWS based on numbers in its latest 2007 10K.
What is the free cash flow of the business after taking into account its one-time gain? From its income statement, if you reverse out [...]
Tags: Stock reports

