Recent

% | $
Quotes you view appear here for quick access.

Nintendo Co. Ltd. Message Board

fuzzhead72 48 posts  |  Last Activity: Apr 29, 2015 10:43 AM Member since: Dec 18, 1999
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • I'm currently reading The Intelligent investor, by Benjamin Graham. On pages 54-55, he outlines a formula to use to evaluate a company to make sure you aren't overpaying for it. I thought it would be interesting to apply this to Lumber Liquidators.

    The first test he uses is to find an average earnings per share for the past 7 years, and not to pay more than 25 times that. A 7 year check of LL earnings per share gives us:
    .82, .97, .93, .93, 1.68, 2.77, 2.31 = average earnings of $1.48 over the period
    25 times $1.48 equals $37

    This means that the first test would tell us not to pay more than $37 for a share of LL.

    However, there is also a second test, which says not to pay more than 20 times the earnings for the prior year period. Earnings for 2014 were $2.31 per share. Using that metric, we should not pay more than about $46 per share for the company. Over the past 12 months, adding the 29c earnings loss just announced, we get earnings per share of $1.53. Multiply that by 20 and you get $30.60 per share.

    The $30.60 per share is the lowest number, so it should be used. According to The Intelligent Investor, we should not pay more than $30.60 per share for LL.

    negatives: cyclical drop in sales, negative perception lingering probably 18 months

    positives: chain store growth continues, profits were fairly level to growing before 60 minutes report,
    study cited in that report is likely quite biased and flawed

  • Reply to

    earnings per share?

    by fuzzhead72 Apr 23, 2015 10:04 AM
    fuzzhead72 fuzzhead72 Apr 27, 2015 10:14 AM Flag

    I understand, but in order to truly evaluate the entire ETF using the earnings formula found in the book "The Intelligent Investor", I would need to know the overall earnings, correct? The only way I can think of to find this for an ETF would be to add up all the outstanding shares of stock in all of the companies. Next, I guess I would add up all the earnings for all of the companies, right? Then I suppose I would divide the total earnings by the total shares of stock to find the total earnings per share. I was just hoping that someone else might have already done this.

  • fuzzhead72 by fuzzhead72 Apr 23, 2015 10:04 AM Flag

    Has anyone caculated the earnings per share for GREK?

  • I am so glad that WLL decided to temporarily shore things up like this for a couple of years, rather than accepting a bad offer to sell the company. Sure, I don't love the stock plunge, but we are pretty much back to where I bought back in January. If oil goes back up over the next couple of years, they can then get a much, much better deal for the company.

    I was really afraid that this would turn into another "Century 21" stock. I invested in that, and then it was taken private. I didn't really lose anything, but the private company ended up making all of the profits that I was hoping to get long term.

  • Reply to

    Disney stock split coming?

    by fuzzhead72 Mar 12, 2015 4:51 PM
    fuzzhead72 fuzzhead72 Mar 12, 2015 5:11 PM Flag

    My guess December 2015.

  • With the Marvel, Star Wars and Frozen money continuing to pour in, I think that it is looking more and more likely that a stock split is in the future. Anyone care to guess the month that it occurs?

  • If Disney stock powers up over the $110 mark, what do you think the chances are of a stock split in the next year or so? I think it has been about 17 years since the last one. Looking at past splits, it seems that they like to put it back down in the ~$35-$45 range.

  • Reply to

    Why so expensive?

    by atruthbomb Feb 12, 2015 1:04 PM
    fuzzhead72 fuzzhead72 Feb 12, 2015 4:53 PM Flag

    Because they bought Marvel, which was a very smart decision for them.

  • I finally tracked down my original purchase of AAMRQ shares. I bought:
    364 shares AAMRQ Oct. 31 2013 $7.37 each $2,685.63 total
    181 shares AAMRQ Nov. 4 2013 $9.69 each $1,756.84 total
    545 total shares of AAMRQ for a grand total of $4,442.47
    (this is from what we had in our car fund account)

    If I am wanting to figure out my cost basis for AAL shares, am I doing it correctly by looking to see how many shares of AAL were ultimately distributed to my account, then dividing my original cost of $4,442.47 by that many AAL shares? Thanks for helping me double check this.

  • I finally tracked down my original purchase of AAMRQ shares. I bought:
    364 shares AAMRQ Oct. 31 2013 $7.37 each $2,685.63 total
    181 shares AAMRQ Nov. 4 2013 $9.69 each $1,756.84 total
    545 total shares of AAMRQ for a grand total of $4,442.47
    (this is from what we had in our car fund account)

    If I am wanting to figure out my cost basis for AAL shares, am I doing it correctly by looking to see how many shares of AAL were ultimately distributed to my account, then dividing my original cost of $4,442.47 by that many AAL shares? Thanks for helping me double check this.

  • Reply to

    Final AMR distribution

    by kgtradesabit Nov 15, 2014 1:13 PM
    fuzzhead72 fuzzhead72 Nov 18, 2014 11:26 AM Flag

    I've been wondering that myself for the past 6 months. I'd like to transfer an account to another brokerage, but I've been told that these distributions would not transfer over. (in other words, I would lose them)

    I really don't know if they are truly worth anything, but I'd rather not lose them if they are.

    Realistically, should we know by next March or so?

  • I decided to check in after a month or so, and I'm amused that this stock seemed to be loved by everybody at $44, but that there is no shortage of haters at $35. :-)

  • Reply to

    Was a dividend the wrong thing to do?

    by hillsgw Jul 31, 2014 12:58 PM
    fuzzhead72 fuzzhead72 Jul 31, 2014 4:46 PM Flag

    I would have preferred that American initiate a 5% minority ownership stake in Alaskan Airlines, instead of a dividend.

  • fuzzhead72 fuzzhead72 Jul 31, 2014 9:39 AM Flag

    They haven't paid a dividend in 34 YEARS. So that's the problem - investors now think of this as a matured cash cow, dividend paying stock, and no longer a growth stock - something that is no longer exciting?

    I've owned since November of last year, when I bought AAMRQ.

  • With the ~10% drop over the past 4 days, I guess the average investor now thinks that American Airlines fair price for the stock is down closer to $39 instead of the $47-$48 a lot of folks were talking about. I'm a bit surprised by this, especially with the announcement of a dividend, which I thought just about everyone was hoping for. I thought that a dividend announcement would lead to a bunch of institutional buying, and buying from the folks like an older friend of mine who won't consider ANY stock unless it is paying a dividend. I also liked that they were paying down the debt faster - any mention of that makes me happy.

    Evidently there is a LOT more short term viewpoint controlling this stock than long term, or at least that would have to be my conclusion after watching this happen.

    Do you see continued weakness in this stock continuing for some time, or do you think it will rebound?

  • Reply to

    Divy in the big picture

    by markusgzee Jul 24, 2014 8:54 AM
    fuzzhead72 fuzzhead72 Jul 24, 2014 8:58 AM Flag

    Probably, but I also think there was a lot of pressure to offer a dividend simply because the other big airlines are.

  • fuzzhead72 fuzzhead72 Jul 24, 2014 8:37 AM Flag

    down 2% now pre-market. Evidently there must have been a lot of folks who simply wanted more than just a beat of consensus earnings. However, coupled with a billion dollar share buyback and announcement of a dividend, I really don't see this as a negative. I guess those who are patient will be rewarded, but those who were looking at just today for a big move up may not be happy after all.

  • As part of the program, American's Board of Directors declared a dividend of $0.10 per share for shareholders of record as of August 4, 2014. The cash dividend is the first declared by American since 1980.

    This should lead to a lot of groups that will only invest in dividend paying stocks buying over the next few weeks, correct?

  • fuzzhead72 by fuzzhead72 Jul 23, 2014 10:32 PM Flag

    As much as we would all love the institutional buying that a dividend would bring, I would much prefer the fiscal responsibility of paying down the debt in the short term, perhaps coupled with a one time share buyback.

    Of course, I'd also like to see American initiate a minority stake in Alaskan Airlines, too - one that they could slowly increase over a number of years.

  • Reply to

    Quiet Board

    by alidawawala Jul 23, 2014 7:10 PM
    fuzzhead72 fuzzhead72 Jul 23, 2014 7:30 PM Flag

    *** JAWS THEME PLAYING ***

    Really, I guess quiet is better than people at both extremes yelling about either:

    A) how shorts have to cover, and it's going to $55 tomorrow
    or
    B) how longs will lose loads, and it's going to $28 tomorrow

NTDOY
21.065-0.370(-1.73%)May 27 3:59 PMEDT