In June my article on Avalon Holdings (AWX) got published on SeekingAlpha.com. I wanted to add my reply to the comments that were made on that article on Sportgamma.net: P1: Golf isn’t really a business for AWX. It’s a very capital intensive ego trip for Klingle. The golf segment has not been profitable for AWX, … Continue reading Answers to AWX article on SeekingAlpha.com
Tag: Avalon
Avalon Holdings Corporation
I initially read about Avalon Holdings here and here. Although the company has a history of low returns on investment/equity/assets, it seems to be undervalued as its shares trade at a market price less than 1/3 of its book value. Is the low price to book ratio caused by negative industry outlook? This waste management … Continue reading Avalon Holdings Corporation