Value Investing Message Board

2/28/2012 10:43:10 AM

of 51743

Shares of PNX, Phoenix Insurance are way undervalued in my opinion as the company re establishes their business plan after substantial losses in 2008 and 2009. Last earnings before extraordinary charges would have been $.15. Analysts looking for $.60 for 2012 in earnings. Book value at $9.67 per share and PEG at .55, with PS at .14. Target at $4.50 this year. Forward PE of 4.3. The company also has preferred shares paying 8%, PFX.