Chiquita Brands International, Inc. (NYSE:CQB)

CAPS Rating: 3 out of 5

The Company and its subsidiaries operates as an international marketer and distributor of bananas and other fresh produce.

Recs

2
Player Avatar Keekers44 (78.54) Submitted: 9/3/2011 12:04:42 PM : Outperform Start Price: $9.26 CQB Score: -22.86

At a 2 year low, trading at $9.58 currently, and a book value per share of :$19.36. Although profit margins are only 2.31%, CQB CEO Fernando Aguirre has recently purchased 133,000 ($1.2 million) shares, and he has a great track record of timing market bottoms based on historical trading data from InsiderScore, a firm that analyzes executive transactions. Go bananas.

Member Avatar Contralogic (< 20) Submitted: 11/16/2011 11:24:36 AM
Recs: 0

One concern to consider (tough to value) is the likelihood that the tort lawsuits pending in Florida (and Ohio?), referenced in the recent 10-k will lead to high payouts to individuals who were harmed by the Columbian terrorist group that CQB made 2007 payments to in order to "protect its employees."

Stock does seem like a good value - especially from the "business lens."

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