Replies to post #96940 on Savvy Trades and Investments

[SSKILLZ1]

ACCO

Whether the stock is up/down in the past is irrelvant in buying it over a 5 year period. More important the companies earnings is up from where it was 5 years ago, The only thing that has changed is the multiple the market is given it used to get 11-12 times earnings, Now It is lucky if it could get a 5 multiple. I think and believe the 5 multiple is wrong, but time will tell. The debt is a concern but at the same time yes rates will go up but if debt levels go down it will counter balance rates going up. All is just my opinion, and I could always be wrong though.

[SSKILLZ1]

ACCO

Check PG 38 of the 10k more than 1/2 there debt is fixed and due in 2029. So that point needs to be made because it is very important, that is a major mitigating factor to rising rates, as more than 1/2 of the debt is fixed. That plus paying debt down will mitigate the affect hence I will say again, you and Kik are overestimating the effect of higher interest rates on this company, and it it why I truely beleve Acco Is worthy of at least a 8 PE and possibly as high as 10 which Gets us to this stock possibly becoming a teenager in my opinion.