Interesting Stocks, Aussie-Style
Roger Nusbaum submits:
On Monday morning Ansell (ANSLY.PK) reported earnings that were pretty good but the company gave mixed signals in comments about its outlook. What is Ansell? Never heard of it? Neither had I. Ansell is an Australian company, the local ticker is ANN and the ADR ticker is ANSLY, it is the world's largest rubber glove maker. It makes occupational gloves, like for hospitals and EMS, and it also makes gloves for home use, like the rubber gloves you might use for certain types of cleaning.
According to the Businessweek quote page (which is fantastic for information on foreign stocks) it trades at 11 times earnings, has a $1.3 billion market cap (not sure if that is AUD or USD), yields 2.9%, trades at 13 times cash flow, has AUD$73 million in cash, it does have a fair bit of debt but has cut the debt load substantially in the last couple of years.
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