Value Investing News - FDC - Comments

Market reacted positively to

Nick — Thu, 01 Feb 2007 18:11:59 -0500

Market reacted positively to the news. WU up 5% today!

WU: Maybe not

George — Fri, 05 Jan 2007 16:25:21 -0500

The stock closed today at $22.33. If the market corrects, you might get an opportunity to get in on this excellent opportunity.

WU: too late, now?

Leadsteer — Fri, 05 Jan 2007 11:19:50 -0500

Wow, in predicting a $23 stock, this article (from October) turned out to be prescience. I guess it is too late to buy, now (January '07). It doesn’t appear to be a traditional value stock with a PE of 19x.

True, Some Were

Geoff — Mon, 02 Oct 2006 21:22:13 -0400

I agree there was some reporting. However, this was a very large spin-off of a well-known brand name. The Western Union name (and business) is well-known. The spin-off is huge. For those reasons, I was really surprised by how little attention this spin-off got.

On the other hand, the Hanes (HBI) spin-off didn't get a lot of attention apart from the larger Sara Lee (SLE) story, which - in my view - is actually the less interesting situation. So, this isn't solely a Western Union (WU) thing alone. Spin-offs in general get less attention than they should, because they really do provide a lot of interesting investment opportunities.

What surprised me was the lack of attention given the size and name recognition. I guess a spin-off just isn't as exciting as an IPO.

By the way, the Contributor's Corner is a great resource that mentions a lot of under-reported situations. So, it's really in a different league regarding such special situations.

Western Union - Some were watching

George — Mon, 02 Oct 2006 17:06:03 -0400

I reported on the Western Union spinoff to the member of Fat Pitch Financials Contributor's Corner. Though reporting was a bit light on this one, I still saw several references to this spinoff last week.