We present a short thesis on a stock we think is headed to zero. Free cash flow is negative and we expect that to continue. The company has lots of leverage and cash keeps on decreasing. The company also operates in what we consider a tough industry, and it is one of the worst in...
This is a long case for an Australian based company with a market cap of $1.5 billion. The company is more of a GARP type with a PE of 18, but with much higher ROE, margins, and has a dividend. The company has been growing revenues at a strong rate, and we expect this to...
Below we present the long case for a Spanish based company which trades on the Frankfurt Exchange. The company is trading at book and has a PE of 7. The company trades at a steep discount to most comps, but despite little M&A has shown much better growth. The company operates in a tough industry,...
Below we present a long thesis for a company on the NYSE. Although the company has a market cap of close to $1B, it surprisingly has very little coverage. Although the company operates in a tough industry, we believe that it has a 63% upside using conservative valuation metrics. The balance sheet is strong and...
We are recommending some updates to positions based on quarterly earnings. When we recommend hold, it is because we do not believe that anything material changed in the quarter. Most of the stocks are fall in that category.
We present a special situation in this premium write up. We were going to do SVU, but the stock shot up before we could. We focused on several dozen cheap stocks, which are potentially value traps. We looked at the options to see any potential mis-pricing. Below we present a retailer where we think buying...
We sincerely apologize about the delay in getting the second write up for the month up. It was caused by problems with Sandy, and our third write up on SVU options, which is now no longer available due to the large increase in price. However, we thought of another interesting options idea, which we hope...
We believe that this 500 million market cap company is a compelling buy. The company competes in a tough industry, but has a strong brand, which is growing worldwide. The current PE is under 5 and margins have been improving drastically. The company is reducing debt and strengthening its balance sheet. We will be posting...
We are reviewing all our stock ideas from the the first one to the latest (around number thirty or so). Below are the first ten picks starting from our short on ACH through our long on AZN. We have provided performance numbers and will be providing YTD ones soon. One thing we noticed is that...
This stock trades on the London Exchange. With a market cap of slightly over $1B, it is very liquid. However, there is very little coverage. We think the stock is a good long. PE is only 6, and we think the stock is cheap for other reasons as well, including on a comp analysis, assets...
