Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
You wrote:
<We have participated in Allied Group for a number of years through their DRIP, and have been very satisfied with the returns, however, I don't know whether this is a fair price for the company as a whole?>

I have also owned Allied Group for some time (1992) and have been accumulating shares through their DRIP. Are you saying that you are skeptical of $47 as a fair price. If so, I agree! During the time I have owned this company, my returns exceed 100% even with many later optional purchases through the DRIP. Based on this company's track record of earnings growth and total return to shareholders, I am not sure that $47 is a fair price when it was recently trading at 33 or so.
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement