Friday, October 24, 2008
If you are long in the market, there's nowhere to go, run or hide, we are going to be punished like never before.
A suggestion, take a deep breath, don't panic and ride the storm. At this time, and for the next two to three weeks (after the election), I would not put any more money in the market. There will be buying opportunities later on.
Best of luck to all of you.
Monday, October 13, 2008
Thanks OZ for forwarding it to me.
Tuesday, October 07, 2008
KBR, Inc. operates as an engineering, construction, and services company supporting energy, petrochemicals, government services, and civil infrastructure sectors worldwide.
Positive factors include:
- Volume at approximately 3.6 million average shares/day
- P/E is at 9.29
- Current price at 66.2% below the 52 week high
- Steady earnings increase since '06
- Trading today at 15.28
We could be seeing a bottom in the price of this stock
The cycle we are experiencing will weed-out the weak short-term investors and will continue until most of the willing and unwilling sellers are swept away.
A market bottom may be forming and, in twelve to eighteen months from now, we may be looking at a healthy rebound.
Thursday, September 25, 2008
I'm happy with these results especially in rough markets. At this time, I don't see much upside potential, time to sell.
Wednesday, September 03, 2008
Focus Media Holding Limited (FMCN) operates out-of-home advertising network using audiovisual digital displays in the People's Republic of China.
Pluses at this time are:
- Volume at approximately 3.26 million average shares/day
- P/E is at 19 (slightly high for my taste)
- Current price at 55.8% below the 52 week high
- Steady earnings increase since '04
Trading today at 29.59, FMCN may be a stock worth taking a second look.
Sunday, August 31, 2008
Allied Capital Corporation (ALD) is a private equity company focusing on buyouts, acquisitions, note purchases, recapitalizations, growth capital, and middle market equity and debt investments.
Interesting aspects are:
- Volume at approximately 2.03 million average shares/day
- P/E is at 11
- A dividend of 17.6% (could be cut in the near future, if so we may see a dramatic sell-off)
- Current price at 52.5% below the 52 week high
- Steady earnings expected for '08 and '09
- Insider buying since early June
- A .65 dividend coming up on 9/10/08
Closing on Friday at 14.75, I am willing to call ALD a buy.
Friday, July 25, 2008
GE operates as a technology, media, and financial services company worldwide. Its infrastructure segment produces jet engines, turboprop and turbo shaft engines, and related replacement parts for use in military and commercial aircraft; wind turbines; aircraft engine derivatives; gas and steam turbines, and generators; drilling and production systems, compressors, turbines, and industrial power generation equipment; diesel-electric locomotives; and water treatment solutions for industrial and municipal water systems. It also offers financial products and services for aviation and energy sectors, as well as engages in gathering, processing, transporting, and marketing natural gas and gas liquids.
On a long term view, GE is well positioned in the wind turbine sector (alternative energy), water treatment and energy efficient aircraft engines.
At about a 31.3% discount from its highs of late September '07, P/E of about 13, a 4.3% dividend, massive average daily volume, and worldwide exposure and recognition; I would not hesitate to take a long position in the company.
Friday, July 18, 2008
Turkcell Iletisim Hizmetleri A.S. engages in establishing and operating Global System for Mobile Communications network in Turkey. The company provides mobile telecommunication services, including mobile voice and data services over its GSM network. Its voice services include wireless telephone services on a prepaid and postpaid basis.
Few of the attractive signs are:
- Volume at approximately 1.35 million average shares/day
- P/E is less than 9
- A dividend of 3.8% (paid yearly)
- Current price at 47% below the 52 week high
- Fund ownership has been increasing during the past 4 quarters
- Earnings have risen consistently since '01
Trading today at 15.85, I would consider TKC a buy candidate at around these levels.
Wednesday, June 18, 2008
Holding on to a 5.2% return in less than 4 months, I am ready to let go. Time to sell, this morning trading at about 16.40 down a fraction, new signs of weakness.
Monday, June 16, 2008
An article on "The Motley Fool" is like a breath of fresh air after a period of uncertainty.
It will be interesting to find out if a contrarian view proves to be on target for the next move on USU.
Thursday, June 05, 2008
Avnet Inc. (AVT), together with its subsidiaries, distributes electronic components, enterprise computer and software products, and embedded subsystems primarily in Americas, Europe, the Middle East, Africa, Asia, Australia, and New Zealand.
Some of the positive aspects are:
- Volume at approximately 2 million average shares/day
- Reasonable book value
- P/E of just under 10
- Current price at 32% below the 52 week high
- Good fund ownership, increasing interest for the past 4 quarters
- Earnings have risen consistently since '02
This stock could continue its upswing and bring good returns in the next few months.
Wednesday, May 28, 2008
BEXP was mentioned on 3/28/06 at 9.20, selling today at 14.30 brings us a 55.43% return in 26 months. I'm content with those returns. Time to cash in some gains.
Patience, again, has been rewarded.
Friday, May 23, 2008
SUG, together with its subsidiaries, engages in the gathering, processing, transportation, storage, and distribution of natural gas in the United States.
The chart shows the stock price breaking above the 50 DMA (4/25/08), holding well with a fairly strong move towards the 200 DMA and a the long term declining tops line.
Some of the positive aspects are:
- Volume at 889,000 average shares/day
- Yield of 2.3%
- Reasonable book value
- P/E of just under 15
SUG, trading this morning at 26.42, could possibly add some sweetness to a portfolio.
Tuesday, May 13, 2008
Under those conditions, we would realize a 10% return in about 12 months from the original price of 22.75 mentioned on October 10, 2007 and a 30.4% gain over the updated comment on May 3, 2008 (10 days ago) when the stock was trading at 19.17.
Fortunate for those of us who were patient enough to hold on, not panic and apply a cost averaging approach during some tough times.
Friday, May 09, 2008
I would tend to think that the bottom is near and expect most banks not only survive but thrive in years to come.
It is not the time to give up, better to wait and add to a long position in order to bring the average cost down and participate in an upswing. Meanwhile, a 6% dividend should keep us in the game and with a price of 40.31 it can be a good place to reload.
An interesting article with an in depth look at KBE can be read at:
For those of you who have patiently waited out this deteriorating situation, expect better days ahead.
Wednesday, March 26, 2008
Granite Construction, Inc. (GVA) appears to be promising adequate returns in the coming months.
GVA with its subsidiaries, operates as a heavy civil contractor and a construction materials producer for public and private sector clients in the U. S. Some of its projects include construction and improvement of streets, roads, highways, and bridges.
GVA is selling today at about 33.10, 55.6% below its 52 week high; an average daily volume of 888,000 shares, a P/E of 12, insider buying over the last 6 weeks, and may be ready to break above the 50 day moving average (now at 34).
Time to focus on companies that would benefit from an infrastructure upgrade surge which many states, cities and municipalities are in dire need.
Friday, March 07, 2008
Having the financial sector in total disarray, the diminishing value of the dollar, world markets taking hits and a recession well on it's way; I can't see any factors that would make the U.S. markets turn around any time soon. The worst case scenario would be a downward spiral, if that turns out to be, then we haven't much of a clue where the bottom could be.
Good luck, don't despair, keep the powder dry.
Friday, February 29, 2008
AINV focus on investing in the following industries: business services, cable television, chemicals, consumer products, direct marketing, distribution, energy and utilities, financial services, healthcare, manufacturing, media, publishing, retail and transportation.
The positives are: price holding just above the 50 day moving average (dma), trades over 1.3 million shares/day, sells at a 35% discount from its 52 week high, insider buying, yields 12.9% dividends, P/E at 7 and a chart that shows a possible bottom.
The negatives are: financials continuing in a decline and/or a break below the 50 dma.
AINV is selling at about 15.61 and is worth keeping an eye on.
Tuesday, February 19, 2008
LaSalle Hotel Properties, is a real estate investment trust (REIT), which engages in the purchase, ownership, and lease of upscale and luxury hotels located in convention, resort, and urban business markets in the U. S.
LHO is selling today at about 29.62, trades an average of 633,000 shares daily, offers an attractive yield of 7.20%, the number of funds holding positions has increased over the last 3 quarters, has a low book value, the chart may indicate a bottom at around 27, and earnings have increased since 2003.
Expect a sustained rise in price if it breaks above the 50 day moving average at around 31.
Monday, January 21, 2008
Expect tomorrow to be one of the worst days and this trend may continue for a week or so.
Wrong time to panic and sell. This could possibly be the worst time if you are long in the market and a good time to start looking at buying opportunities.
So, batten down the hatches, weather the storm and don't panic. Good luck.
Monday, January 14, 2008
On 10/19/06 and again on 10/31/06, ASVI was mentioned in this blog as an attractive stock, originally selling at 16.60 it seemed to be a value company. The housing industry slow down, lower than expected earnings and U.S. markets sinking rapidly, managed to bring the stock price to 4 year lows. At the time, I chose not to panic and hang in there, it worked to our advantage.
For more information on the possible transaction see the following link: