Sometimes I break my own investing rules. For example in the last post I mentioned how classic value investors avoid financial firms due to the historical instances of weak balance sheets and cavalier use of leverage. I took a particular swipe at Fairpoint Group (FRP) commenting that: assets of £10.6 million is listed as ‘unbilled income’ – well if income is unbilled how … [Read more...] about Long Provident Financial at 585p
Relatively unpopular large company
A reader has recently asked two very interesting questions after reading the post on Volkswagen's potentially criminal behavior and subsequent 40% share price decline: Do you think it has currently dropped enough, or is this just the start, to create an excellent Margin of Safety? Are there any other largely unpopular companies following along the Graham model that you … [Read more...] about Are There Any More Relatively Unpopular Large Companies Like Volkswagen?
The lovely kind of mayhem that is currently engulfing VW together with it's 40% share price decline over the last two days makes it a relatively unpopular large company. It's funny. The other day I had an interesting tweet in response to Monday's article titled How To Invest In Stocks Like Benjamin Graham. Basically - sadly as is normal with the Twittersphere - the … [Read more...] about 40% Drop In Share Price Makes Volkswagen A Relatively Unpopular Large Company
From the mailbag, Paul writes: "I have to ask David, what are your thoughts on Tesco? Lost 1/3rd of market cap in a short time and now a forward yield of 6%. It is still a market leader and surely makes enough cash to turn the decline around, though admittedly it is a but like turning an oil tanker. Whilst I don't live in the UK at present, I was visiting recently and I … [Read more...] about Is The Tesco Share Price Decline A Green Light To Load Up?
On June 9 2014 Premium Subscribers to The Value Investor Report were alerted to the undervalued Kazakhmys (LSE: KAZ), a London-listed copper miner that has fallen on hard times. That was at 282p a share when Kaz was trading at 50% of tangible book. The shares are now trading at 309p a share and they recently peaked at 354p on July 24. But that's not the whole … [Read more...] about FREE STOCK REPORT: Kazakhmys (LSE: KAZ)
Premium subscribers to The Value Investor Report were first alerted to this mining stock on 6 June 2014. Since then it has soared 13.47% as at yesterday's close. I believe there is still more to come. A lot more. My conviction stems from the fact that this is a mining company that frankly should never have been sold off quite as badly as it did; it was a simple case of … [Read more...] about 13.47% Gain In Six Weeks. . . And There’s More To Come
I have plans to initiate a position in regard to stocks mentioned in this article. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from subscribers to Premium Membership). I have no business relationship with any company whose stock is mentioned in this article. The investment case for Kingfisher (LSE: KGF) is … [Read more...] about The Value Investor Report Adds A FTSE 100 Stock
Okay so I've been going through screens like 52 week low lists, percentage losers, volume leaders and dare I say it technically undervalued lists. One thing that surprises me are the pockets of value still available to diligent investors who are prepared to get their hands dirty. CA Inc (NASDAQ: CA) is a case in point. This is a company that has reported eight … [Read more...] about CA Inc (NASDAQ: CA) Too Early For A Position?
I have plans to initiate a position in regard to stocks mentioned in this article. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from subscribers to Premium Membership). I have no business relationship with any company whose stock is mentioned in this article. Today's premium post looks at a new addition … [Read more...] about This US Retailer Will Be Added To The Value Investor Report Today
Premium Subscribers get access to: The Model Portfolio and current holdings High-conviction value-orientated stock picks Real-time stock alerts by priority email Subscriber-only content Updates on significant portfolio news Access to the archives and reports Me via a scheduled call on Skype And more... I have plans to initiate a position in regard to stocks … [Read more...] about A Despised Stock With Huge Potential
Tesco (LSE: TSCO) today announced another quarter of falling sales - it's third quarter in a row - down 3.7%. The well respected consumer knowledge firm Kantor Worldpanel said this week that Tesco's market share declined to 29% in the same quarter down from 30.5% a year ago. At today's share price of 296p, Tesco's PE Ratio is 24. That makes Tesco stock too expensive to … [Read more...] about Why Tesco Is Still Not A Buy