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Amvona

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  • Lost Money on Cisco: Why We're Not Worried [View article]
    Pasquale,

    Here is our one year update:

    http://bit.ly/yNGlgx

    Returned about 18.5% based on avg. purchase price (actually more since the article was published and still rising).

    Beat the S & P 500 by a significant margin.

    http://www.amvona.com
    Feb 25 08:13 AM | Likes Like |Link to Comment
  • Lost Money on Cisco: Why We're Not Worried [View article]
    CM,

    Here is our one year update:

    http://bit.ly/yNGlgx

    Returned about 18.5% based on avg. purchase price (actually more since the article was published and still rising).

    Beat the S & P 500 by a significant margin.

    http://www.amvona.com
    Feb 25 08:11 AM | Likes Like |Link to Comment
  • Lost Money on Cisco: Why We're Not Worried [View article]
    Snafu24,

    Here is our one year update:

    http://bit.ly/yNGlgx

    Returned about 18.5% based on avg. purchase price (actually more since the article was published and still rising).

    Beat the S & P 500 by a significant margin.

    http://www.amvona.com
    Feb 25 08:09 AM | Likes Like |Link to Comment
  • Update: How We Made Investors Money On Cisco [View article]
    Dear Reader,

    Thank you for taking the time to read the article and to comment.

    Article includes the following salient points:

    1. CSCO out-performed the S & P 500 in the last year (against popular sentiment)
    2. When considering purchases made in Feb. and May of 2011, investors already have a very healthy return.
    3. Confirms original thesis was correct.
    4. Issue will likely return to or near April 2010 high and is worth holding (or perhaps buying) as a long term investment.

    Hopefully this helps - feel free to stay in touch.

    http://www.amvona.com
    Feb 21 09:21 AM | Likes Like |Link to Comment
  • American Greetings: The Triple 'W' Stock [View article]
    Dear Reader,
    Thank you for taking the time to comment again and also for your insight.

    With the exception of Q1 2009 the stock is a far better value now than then – equity has grown [tangible equity has increased 50% since Q1 2009] and share count has been reduced dramatically.

    Thank you for also bringing up SKX – if you visit our site, or search on seekingalpha you will find 3 articles we have published on SKX!

    http://bit.ly/Asd99u

    http://bit.ly/wlB6iF

    http://bit.ly/wy10aW

    Again feel free to stay in touch,
    http://www.amvona.com
    Jan 10 11:16 AM | Likes Like |Link to Comment
  • American Greetings: The Triple 'W' Stock [View article]
    Dear Reader,

    Thank you for taking the time to read the article and also to comment, but especially for your kind remarks.

    Your points are excellent. However, believe that there will always be room for physical cards – they have superior value in many respects, including sentimental value.

    If everyone starts sending e-cards (a business AM is also in), won’t physical cards become even more valuable in a way? Having a McDonalds on every corner does not diminish the value of Prime Rib and Lobster, if anything it highlights the value of real food.

    Even if this is not the case, and the paper card dies off, what is to prevent AM from continuing to evolve and change has it already has in it’s 105 year history?

    That having been said the company has not and does not lose money – their financials are still impressive. They have a seasoned management team with vested interested in the outcome of their future. If the firm got to a point where they were losing money on a serial basis, could they not simply close the operation and sell the assets for [far] more than the market cap today and cover the common? After all the stock is selling for only half of tangible book – and if the real estate is understood correctly, probably even less than that. Today’s price assigns no value to the company as a going concern – even though it has generated 90 mln. In FCF in the last 12 months alone – that is a lot of “run way” to get things right.

    Again thanks and feel free to stay in touch!

    http://www.amvona.com
    Jan 9 05:10 PM | 1 Like Like |Link to Comment
  • Why We're Still Buying Skechers Stock [View article]
    Dear Solitaire,

    Thank you for taking the time to read the article and to comment. Also appreciate the feedback.

    http://www.amvona.com
    Jan 6 11:04 AM | Likes Like |Link to Comment
  • Why We're Still Buying Skechers Stock [View article]
    Dear Chris,

    Thanks for the feedback and for sharing the insight.

    Couldn’t agree more – very excited about the GoWalk line in addition to the GoRun and will be buying several pairs for friends and family.

    It’s a fantastic business…

    http://www.amvona.com
    Dec 16 06:16 AM | Likes Like |Link to Comment
  • Why We're Still Buying Skechers Stock [View article]
    Dear Reader,

    Thank you for taking the time to read the article, to comment and also for the positive feedback.

    The points you raise on pricing and the cyclical nature of retail are very good.

    Again Thanks,

    http://www.amvona.com
    Dec 15 08:59 AM | Likes Like |Link to Comment
  • Short-Term Tumult At Western Digital Masks Value Opportunity [View article]
    Frank,

    Thank You for the article.

    ...related but with slightly different take on a few critical points:

    http://seekingalpha.co...

    wwww.amvona.com
    Dec 11 06:42 AM | Likes Like |Link to Comment
  • Hard Drives, Floods, Monasteries And Investment Returns [View article]
    Dear Reader,

    Thank you for taking the time to read the article and to comment… sincerely appreciate it!

    Warm Regards,

    http://www.amvona.com
    Dec 9 09:56 AM | Likes Like |Link to Comment
  • Hard Drives, Floods, Monasteries And Investment Returns [View article]
    Dear Reader,

    Thank you for taking the time to read the article and also to comment… sincerely appreciate your feedback!

    Warm Regards,

    http://www.amvona.com
    Dec 8 08:32 AM | Likes Like |Link to Comment
  • Why We're Still Buying Skechers Stock [View article]
    Dear David,

    Thank you for taking the time to read the article and for commenting.

    It may also be worth noting that most of that book value is tangible.

    Feel free to stay in touch
    http://www.amvona.com
    Dec 3 07:34 AM | Likes Like |Link to Comment
  • Why We're Still Buying Skechers Stock [View article]
    Dear Chris,

    Thank you for taking the time to read the article and for the feedback.

    Very good point regarding the product cycle – completely agree.

    Also, not sure what the catalyst would be for this driven management team to suddenly begin to lose money on a serial basis or lose the core skills that has brought the company to about 2 bln. in sales in a relatively short period of time.

    One quarter (Q2 2011) does not make a trend.

    Stay in touch
    http://www.amvona.com
    Dec 3 07:32 AM | Likes Like |Link to Comment
  • Why We're Still Buying Skechers Stock [View article]
    Dear Reader,

    Thank you for taking the time to read the article and to comment.

    The main point on the tax refund is that it is a large amount of cash (13% of enterprise value as of the writing of the article) being returned to the owners (shareholders) – how it is handled on a GAAP basis is ancillary.

    If following “consensus estimates” and analyst was all that was necessary to have gains in the market, everyone would have gains.

    Opinions are not all equal.

    Hope this helps and feel free to stay in touch
    http://www.amvona.com
    Dec 3 07:23 AM | 1 Like Like |Link to Comment
COMMENTS STATS
232 Comments
34 Likes