Excellent (6/14) second quarter. AGT left the estimates in the dust. The plan to move up the value chain is moving along well. The Ingredion/Cargill deals will boost revenues and earnings. The weather induced slippage in Quarter 1 is history. The only caveat is that the stock price has shot up after the news. Listen to the conference call and do your due diligence. This is one to keep for the future.
Sentiment: Strong Buy
I have owned this stock for quite a while. Given the low p/e and the dividend to boot, I expected the price to move up in anticipation of the Turtle latest release. Playmates peaked on July 30 @ HK$3.49. Yet, from the Friday before the film's release through the Monday after, the stock price fell precipitously from HK$3.20 to a low of $2.60 (18%). I thought that there initial drop was due to bad reviews. However, when box office receipts of $65 million blew away estimates of $40 million ( I guess 6-10 year old boys don't care about reviews!) I expected a quick return to previous highs. However, we seem to have settled in the HK$2.80-2.90 range. I agree that this is a long term buying opportunity as Playmates appears to her one of the best values in the entertainment sector, if not the world. Toys sales should grow nicely from this Turtles surge and there are already plans for a 2016 follow-up movie. This franchise has legs. The Financial Times analyst estimates see dividends of HK$.20 in 2014 and 2015. On top of capital appreciation, you get 7% to wait. The extreme volatility is very unsettling so patience is needed.
Sentiment: Strong Buy
Yes, but, that final decision must be made with a clear mind, as in the case of a terminal disease patient. Although you might see it as a cliche, the idea that suicide is a permanent solution to (allow me to modify) what MAY be a temporary problem, is still true.
Sadly, suicide is a permanent solution to a temporary problem. Unless you've experienced the moment leading up to the decision, you have no idea how deep the pit of helplessness goes. The mind is its own country: it can make a hell of heaven or a heaven of hell. And most importantly, judge not, lest ye be judged. Someone a lot wiser than me said that. Long term sentiment on XCO is irrelevant. Long term sentiment on life is much more profound. Be well.
Chile is the Number 2 salmon exporter to Russia. As sanctions are applied to Norway, Russia will import more Chilean salmon. MHG is Chile's largest exporter from its Patagonian farms. Will Russia allow these exports in?
Why not raise the dividend. SEM announced a massive repurchase of $500 million through December 2016. This is 20-25% of the company at this price. Maybe a smaller repurchase with a 25% hike in the dividend would have gone down better with "The Street."
One scenario: DuPont splits as advertised. The new Agriculture DuPont takes over Syngenta for a "double-win: 1. They become an ag powerhouse. 2. They achieve tax savings through the now much loved inversion.
His holding are meaningless. He has too many stocks for any one to make a big difference to him. Look for activists who really have skin in the game for better "hints." And even those are only hints. You must do your own work. Peter Lynch observed that "Whoever looks under the most rocks wins." Good Luck.
On the other hand, as per Wells Fargo analysis (They are very comprehensive on MLP's.), NGL can raise the dividend 12% a year going forward versus the 1-2% at TLP. As a ten year owner of TLP I was just happy that they didn't offer cash as the IRS would be the biggest winner under that scenario. As a little guy in his Brooklyn basement I can't think up any foreign "inversion" like the big boys. I guess I could move to Puerto Rico to avoid the capital gains tax but that would cost more than the profit on my few shares! Do you think that the distribution growth profile would offset the current lower amount? Let's hope that the Board fulfills its fiduciary responsibility and tries to get a little more from NGL or, on the other hand, puts it up for auction. Do I hear other bids?
GTKYY or, in Europe GTK.MI is the company to buy here. At Euro 18.14 it sells at a trailing p/e of 11.4 and yields 3.3%. The 52 week low, hit on June 30, was Euro 17.66. Gtech has come down because of fears of overpaying for IGT. Gtech is the world's Number 1 lottery operator. Acquiring IGT would allow them to diversify and , I believe grow even stronger. Integration of the assets will require a great deal of management's focus and, short term, there will be the usual glitches. If they don't acquire IGT look for a nice short term bounce. Either way this looks like the play to me. JMHO.
or, so it is reported by the FT that he sold 26% of his holdings. Boiler plate response is that is for diversification. While skeptical, it appears that he exercised options on the exact same amount of stock that he sold. Is this actually a sale? Is the negative stock price reaction rational?
can IGT fetch. The Reuters report put the enterprise vale at $6 Billion. Subtract $2.2 Billion in debt and that leaves $3.8 Billion for shareholders. At $15.70 sea re already there. Does anybody know the enterprise value assigned to WMS when they were purchased?
leaves for a better job. Standard operating procedure (aka knee-jerk reaction) calls for an immediate sale of the stock. Thinking is that if the CEO leaves there might be financial irregularities. If this is the case is yet to be seen. GNC management is generally highly regarded. On there plus side this adds to Cramer's dislike of the stock expressed yesterday. If you agree with him, like or dislike him, he does move stocks. Therefore, what are to make of this? I may be looking through rose-colored glasses but I see this a buy opportunity. The company has a large repurchases program in effect. What better time for the company to step up to the plate? My bias is that I am already long GNC. If I wasn't invested I would wait until the selling abates and start a position at that point. By the numbers, this company is still too cheap. GLTA.
Sentiment: Strong Buy