Yesterday, I took a position in my own account which I will share with you. I took a long in DVMT and an equal amount short in VMW. To give you some background, in 2015 Dell acquired EMC Corp which had an 81% position in VMware (VMW). To help pay for the acquisition they created a tracking stock (a spin-off would have resulted in a large amount of tax because of EMC's low … [Read more...]
Applying My Risk Checklist To General Electric And Mylan
Summary Part of my process is to go through a risk checklist. Stocks that don't pass are put aside. Debt ratios and 3 models (Piotroski, Altman, Beneish) are used and shown. The article will go over the debt ratios and the 3 models that investors can use in their own process. General Electric and Mylan are used as examples of stocks that looked interesting but … [Read more...]
Tesla: Not As Green, Not As Good
In this post, I highlight and talk about some recent articles and evidence from around the web regarding Tesla. The first from the FT, sheds light on how some ICEs vehicles can be less a lot less pollutant than people think, the second is from an email I received regarding a future Tesla owner's visit to a showroom and the third is regarding the short sellers and their … [Read more...]
Earnings Notes: CVS Health
I've decided to share some of my notes on earnings results of stocks that I either own or are watching. These notes are typically in bullet format and highlight some of the important points. I hope that these may be of help to other shareholders or investors interested in the stock. Today notes are on CVS Health which is in the top 10% cheapest stocks according to my … [Read more...]
3 Interesting Ideas
Below is a brief discussion of the three investment ideas I presented at the Cyprus Value Investor Conference. Office Depot (ODP) is a cost savings story where reductions have resulted in significant improvements in operating margins over the last few years. Sales growth though remains a headache and last quarter same-store sales were -6% (a 3-year low). Management … [Read more...]
A $1 Million Bet That Target Is Cheap
Summary Insiders have bought over $1 million worth of Target. Unlike the majority of the market, Target trades at a discount to its value. Stock price appears to have stabilized. Potential earnings beats or any improvement could see the stock much higher. First quarter results provided a hint that Target (NYSE:TGT) may not be doing as poorly as the wider market … [Read more...]
Should Investors Sell Apple?
Summary What is the value of Apple stock? If the stock has exceeded its value then shouldn't even investors be selling? The article applies 6 different valuation methods to answer that question. If the stock is no longer cheap then what are the reasons for holding on to the stock? As a value investor and owner of Apple (NASDAQ:AAPL) stock, I am always concerned … [Read more...]
