Tag Archives: Value
Biofuels? No, Solazyme Is A Value Enhancer
By Kevin Quon:
“They just don’t get it”. This thought of mine becomes more prevalent the more I read of those analyzing and articulating their opinions over renewable oil maker Solazyme (SZYM). Having just read Motley Fool writer Brian Stoffel’s latest work, I cringe as he concludes that: “The key for this company is not necessarily out-innovating traditional oil companies, but simply scaling up production so that its oils become cheaper.” While the statement may be somewhat true if taken solely from the view of fuels, it fails to capture the essence of the technology itself.
The same could be said about Piper Jaffray’s latest report which builds a bearish case around a low multiple reflective of today’s biofuel industry and applying it to a future value. Rather than accounting for a multiple that adequately reflects the triple digit growth the analyst himself eventually expects, the company is slapped with a low target
This Ignored Emerging Market Looks like a Great Value Right Now
I'll confess. I'm not a huge fan of exchange-traded funds (ETFs). I can fully appreciate what they offer, but there's just not enough upside with them most of the time.
See, though diversification is usually the goal, more often than not, ETFs are so diversified that mediocre, watered-down returns are about all you can get. More than that, if you ever take a closer look at the comparative performance of most ETFs, then you may be surprised to find that most of them show a strong correlation to the market's overall performance.
In other words, what's the point? Why not just buy an S&P 500 index fund and forget about it?
Every now and then, however, a real opportunity arises with an ETF.
Let me explain…
Will The Board Members Of Research In Motion Stop Procrastinating And Unleash Value?
By Anupam Dokeniya:
If you take a close look at the way the Board members have gone about conducting affairs of Research in Motion (RIMM), one would (hopefully) mistakenly conclude that these directors have other vested interests to see RIMM’s stock trading at unthinkably low levels.
Enough has been said about all the mistakes/blunders RIMM made in the last few years, so I won’t repeat them again. I will discuss where this Board went wrong and what they should do now. The RIMM board cannot change the past; but surely can learn from it and be realistic about the current situation and take the optimal path going forward.
Everybody, except this Board, knows that it is inevitable for RIMM to undertake a transformational transaction. Each day this Board delays, the further it robs shareholders of more of their capital invested. RIMM’s board and senior executives have missed out on two important traits crucial
The Theory of Investment Value
The Theory of Investment Value
This book was first printed in 1938, having been written as a Ph.D. thesis at Harvard in 1937. Our good friend, Peter Bernstein mentioned this book several times in his excellent Capital Ideas which was published in 1992. Why the book is interesting today is that it still is important and the most authoritative work on how to value financial assets. As Peter says: “Williams combined original theoretical concepts with enlightening and entertaining commentary based on his own experiences in the ro
List Price: $ 32.95
The New HR Analytics: Predicting the Economic Value of Your Company’s Human Capital Investments Reviews
The New HR Analytics: Predicting the Economic Value of Your Company’s Human Capital Investments
In his landmark book, “The ROI of Human Capital”, Jac Fitz-enz presented a system of powerful metrics for quantifying the contributions of individual employees to a company’s bottom line. “The New HR Analytics” is another such quantum leap, revealing how to predict the value of future human capital investments. Using Fitz-enz’s proprietary analytic model, readers learn how to measure and evaluate past and current returns. By combining those results with focused business intelligence and applying
List Price: $ 29.95
The Value of a Written Investment Policy Statement
The argument for developing an investment policy statement that fits your future financial needs no matter how the economy behaves.
NYT > Retirement
Big Oil’s Big Budget: A Guideline On Where The Best Value Is In Oil Services
So Exxon Mobil (XOM) recently announced its new budget for the next 5 years. Well, not surprisingly, this 400 billion dollar company announced big plans and lots of new spending over the coming years, but its projections for future demand were interesting too.
Exxon to me has been the best run of the majors for some time, though the stock price has languished because of the company’s large market cap and capital intensive business that prevents significant cash returns to shareholders. Still, when Exxon talks you should listen. The company recently announced plans to invest 185 billion dollars over the next five years, projected about 1%-2% annual demand growth, and about 30% demand growth by 2040.
What is interesting about Exxon’s large expenditure plans is that they aren’t in the natural gas space. While oil prices have stabilized at high levels, natural gas prices continue to languish at around the
Should You Bet Against This Famous Value Investor?
It's pretty safe to say hedge-fund manager Edward "Eddie" Lampert has gotten far more headaches than he bargained for in 2005 when he bought a major stake in what has since become Sears Holdings (Nasdaq: SHLD).
Back then, he promised a more profitable company and more growth. He's subsequently delivered 18 consecutive quarters of declining year-over-year sales and managed to turn a reasonably profitable company into one with growing losses.
Oh, and there's no end in sight to the widening losing streak.
What happened to this American retail icon? To answer the question meaningfully, we have to go back to Lampert's beginnings.
Hedge fund pro turns retail wizard… or maybe it was just luck
By most accounts, 49-year-old Eddie Lampert started on the right foot. He formed his hedge fund, ESL Investments, in 1988 with the intention of following in the value footsteps of Warren Buffett. And for a while, he did it quite well, using Buffett's model and boasting of average annual gains of nearly 30% for the first several years of the fund's existence.
This Well-known Value Stock is Now About to Be a Growth Stock
The investing phrase "Growth at a Reasonable Price," or GARP for short, likely sums up the ideal backdrop for many investors. Yet many stocks right now appear to possess fairly dim growth prospects and really only appeal to value-oriented investors. Indeed, I added toy maker Hasbro (NYSE: HAS) to my $ 100,000 Real-Money Portfolio last month largely on the basis of a very cheap valuation.
Yet, the real appeal for me is that investors were mistakenly seeing this as a company that has moved past its heyday. "Shares are a bargain now simply because Hasbro has hit another speed bump on its path to long-term growth," I wrote a few weeks ago, adding that an upcoming investor presentation would help investors see just how much growth still lies ahead.
[block:block=16]Well, that presentation just took place, at the annual New York City Toy Fair, which is always an opportunity for Hasbro to lay out goals for the year ahead.
The bad news: Management failed to issue robust sales and profit growth targets for 2012.
The good news: Hasbro is pursuing so many new opportunities right now that sales growth should begin to build later this year and really take off in 2013.
Favorite Value Stocks
As evidenced by GM’s latest numbers, the auto industry is roaring back and Russell Croft, portfolio manager for the Croft Value Fund, expects auto parts maker Dana Corp. to come along for the ride.
“Dana’s new CEO is really focused on margins and we think that’s a catalyst for the stock which is already trading cheaply at around seven times next year’s earnings,” says Croft.
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Click to view a price quote on DAN.
Click to research the Automotive industry.
