AWX & HDL

**grapes** Wed Jul 26, 2006 6:06 pm

AWX & HDL
These two stocks are recently added to aaii's shadow potofolios. Are they interesting?

The reason that I want to ask is that previously aaii also picked GETI and sold it recently.

**lxs5666** Wed Jul 26, 2006 9:57 pm

Re: AWX & HDL
grapes wrote: These two stocks are recently added to aaii's shadow potofolios. Are they interesting?

The reason that I want to ask is that previously aaii also picked GETI and sold it recently.

Please advise who is aaii? Where can I find info regrading him/her and his/her picks? Thanks!

**blast_investor** Thu Jul 27, 2006 12:31 am

Re: AWX & HDL
HDL is not attractive stock, not nice balance sheet, bad business model, lots of insider selling.

AWX is attractive. A value fund is buying lots of shares of this stock. Business model sounds dull, but that is great sign for potential value. I still don't know much about it, but it has potential to be good value pick.

grapes wrote: These two stocks are recently added to aaii's shadow potofolios. Are they interesting?

The reason that I want to ask is that previously aaii also picked GETI and sold it recently.

**grapes** Thu Jul 27, 2006 12:22 pm

Re: AWX & HDL
Blast,

There is something I don't quite understand about AWX. In the yahoo key statistic pages, the market cap is 21 M while enterprise value is only 9.21 M. As I understand,

enterprise value = market cap + maket value of debt ( such as preferred stock and bonds).

How come enterprise value is smaller than market cap? Is it that the cash in hand is not counted into enterprise value?

blast_investor wrote: HDL is not attractive stock, not nice balance sheet, bad business model, lots of insider selling.

AWX is attractive. A value fund is buying lots of shares of this stock. Business model sounds dull, but that is great sign for potential value. I still don't know much about it, but it has potential to be good value pick.

grapes wrote: These two stocks are recently added to aaii's shadow potofolios. Are they interesting?

The reason that I want to ask is that previously aaii also picked GETI and sold it recently.

**grapes** Thu Jul 27, 2006 12:23 pm

Re: AWX & HDL
It is not a person, it is a screen from aaii.com.

lxs5666 wrote: grapes wrote: These two stocks are recently added to aaii's shadow potofolios. Are they interesting?

The reason that I want to ask is that previously aaii also picked GETI and sold it recently.

Please advise who is aaii? Where can I find info regrading him/her and his/her picks? Thanks!

**blast_investor** Thu Jul 27, 2006 4:50 pm

Re: AWX & HDL
Cash is deducted in the calculation. Yahoo is correct in that sense.

enterprise value = market cap + maket value of debt ( such as preferred stock and bonds) - cash.

In corporate acquistion and merger world, buyers always have to pay for the cash in the balance sheet.

**grapes** Thu Jul 27, 2006 8:07 pm

Re: AWX & HDL
Thanks Blast. For a $5.5 with $3 cash, it is pretty interesting.

By the way, which value funds are you refering to? ADVISORY RESEARCH, INC

blast_investor wrote: Cash is deducted in the calculation. Yahoo is correct in that sense.

enterprise value = market cap + maket value of debt ( such as preferred stock and bonds) - cash.

In corporate acquistion and merger world, buyers always have to pay for the cash in the balance sheet.

**blast_investor** Thu Jul 27, 2006 9:38 pm

Re: AWX & HDL
Yes, I was refering to ADVISORY RESEARCH MICROCAP VALUE FUND, L.P. The fund should be managed by

grapes wrote: Thanks Blast. For a $5.5 with $3 cash, it is pretty interesting.

By the way, which value funds are you refering to? ADVISORY RESEARCH, INC

**lxs5666** Thu Jul 27, 2006 11:29 pm

Re: AWX & HDL
Thanks a lot for the info.

grapes wrote: It is not a person, it is a screen from aaii.com.

lxs5666 wrote: grapes wrote: These two stocks are recently added to aaii's shadow potofolios. Are they interesting?

The reason that I want to ask is that previously aaii also picked GETI and sold it recently.

Please advise who is aaii? Where can I find info regrading him/her and his/her picks? Thanks!