It's Time To Buy National Oilwell Varco [View article]
You should know that any position "Buffett" holds through Berkshire that is less than 1B is likely to be one of his two managers which he gives free reign to manage money. Although Berkshire Hathaway is a shareholder, don't assume that it was Buffett's analysis that came to this conclusion to buy.
When Everybody Loves AIG Shares, It Might Be Time To Sell [View article]
Not everyone loves AIG, there's always Abigsoxfan who loves to hate it! I'm holding strong. Even though you claim "everyone loves it," the price is not reflecting that. Although it hasn't been proven by their track record, I would venture to say that it is more likely than not that AIG is going to reserve for losses much better than before, especially with all of this shifting focus towards their primary business. I'm with ahouseoforange and I'm going to just hold on for the ride (although I'm holding stock, not warrants).
Medical Marijuana: It's Just A Pump And Dump [View article]
And wasn't it proven not to be? The bubble on that one burst in 2000 and thousands of investors lost huge. If you are buying this company now, it is only based on your own "self-accounting" for the market size and how much of that market the company will be able to obtain. How do you know who ends up winning in the end? If you want to know the "Facts" for this as everyone has been alluding to in the comment section, the "Facts" are there is no proven potential, "Regardless of state laws to the contrary, there is no such thing as 'medical' marijuana under Federal law," and even the products which have been shared as miracle working products: have no clearly proven track record of producing profit. Investing in this company now, and I emphasize now, is like investing in the airline industry/single car manufacturers during their early years. Even though you can "clearly see the potential," there is no guarantee that shareholders will be the ones that profit from the trend, even if the trend is right. What guarantees/precedence do you have for how this company will distribute its profits? Will it go to employees? Will it go to suppliers? Or management? Or will it actually make it to shareholders? For these reasons, and the "coincidence" that the company fits the pump and dump style all too well, I recommend no one touches this company. You may be right in the end about the trend of the market potential, but the price you are paying today does not compensate you well for the risks you are taking.
AIG - Buy It Today For Value And Sell Covered Calls For A 37.5% Annualized Yield Rate [View article]
Good points, and I like your idea for seeking a great yield, but I would warn you that the current PE is deflated due to subsidies from the government. I think if you look a little closer, and apply a regular tax rate (as opposed to the huge tax credit) then the stock is currently trading at a PE of about 10 or a little more. Still, good points about how the company is backed by the US government, and honestly, that is one of the biggest reasons I am invested with them. I see the discount as an added bonus, and I wish you luck in your investing. Thank you for the insights
Looking to raise maybe another $6.5B in cash, AIG has put on offer the rest of its stake (13.7%) in AIA Group. Hank Greenberg used to call AIA the crown jewel of AIG, but today's shareholders - adding the $6.5B to the $4.23B from the ILFC sale - will no doubt be excited about the stock repurchase possibilities. [View news story]
Not if they deploy these funds in a more efficient way, and for that: only time will tell.
On AIG, And When Efficient Market Hypothesis Fails: A Chance To Make Real Returns [View article]
I mentioned BV a lot more in my previous article I mentioned, but wanted to expand more on the negative side in this article. So in your professional opinion, do you think they have valued their liabilities correctly? To me they seem to be much better, but I don't have the expertise as you do. By the way, thank you for taking time to comment. I am learning just as much as everyone here and I am posting these articles to not only share what I see, but to hear what others are seeing as well. Also, this may just be a typo, but undervaluing by $10 billion? I would think it was more like $100 Billion before.
Would You Really Let Sour Emotions Stop You From Buying $1 For 75 Cents? [View article]
I wouldn't say the stock's performance shows signs of the company itself. In my opinion (and I state it in my article) the company has grown from its position a couple years ago. To me, it has found its bottom, and although I don't get the benefit of buying in at bottom prices (lows I think around $20/share) I do get the benefit of buying with more confidence in my holdings. You could of course wait until everyone was confident in the stock, but then your price per share would reflect that confidence.
Medical Marijuana: It's Just A Pump And Dump [View article]
Also, my apologies, part of this was in response to your comment ORVASCHROCK, and a big part of the response was out to the rest of the posts which had built up to the large exodus you see posted. I don't want people to think I am attacking them individually, but the thesis for investing in the company needs these questions answered before I would be willing to invest.
In my opinion, even though there are ghost towns, why not take advantage of one of the companies that is most directly contributing to that infrastructure? I'm looking at LIWA. Although you could argue the Bubble is going to come crashing down for property. The stock is already trading at cash value, and honestly, since I just got a glimpse at all the infrastructure they built, I'm prone to believe that the company has the money it says it does.
Looking to raise maybe another $6.5B in cash, AIG has put on offer the rest of its stake (13.7%) in AIA Group. Hank Greenberg used to call AIA the crown jewel of AIG, but today's shareholders - adding the $6.5B to the $4.23B from the ILFC sale - will no doubt be excited about the stock repurchase possibilities. [View news story]
Two things: you misinterpret my comment on deploying their capital efficiently for what I would like them to do in my article (in only make sense for me as a share holder to gain even more BV per share, in my mind it is the simplest way to do so). I'll tell you right now, that is not what I meant in the comment. I agree with you that they need to cover their butts on Sandy, but the amounts don't match up entirely. The highest I heard was in the amount of $2 Billion, but more lately I have heard $1.3 Billion. The company is going to take a loss, and their profitability until interest rates rise will be hindered for the next few years (just like other financials)..
SodaStream (SODA) looks like a holiday season retail winner to StreetAuthority. The company's rapidly growing retail footprint hits at a time when consumers are focused on cost savings and health. Profits are still growing, while debt isn't an issue. [View news story]
I don't agree with the idea for a buy back. The company is in its early breaking out stages and the capital would be better deployed to expand the business. I am perfectly fine with the stock price stagnating while there is development in the company, it makes the margin of safety even bigger for more purchases. I hope it goes back down to the 35$ range I initiated this position in so I can have even more shares at an even better deal.
"Management can now devote 100% of its attention to driving returns," writes Sterne Agee of AIG following Treasury's exit. Rating the stock a Buy, the team hopes in the near future to see a dividend, details on cutting expenses, and a change to management-incentive programs to realign them with shareholder interests. Shares +0.8% premarket. [View news story]
They must think the company will go back to its old ways... The cool part about it is that the people who were a part of those old ways leading the company down the wrong path are gone, and replaced with management which I have extreme confidence in. The shell name of AIG may be the same, but it's outlook is completely different than what these people think. By the time they trust it though, that will be the time I will sell.
"Management can now devote 100% of its attention to driving returns," writes Sterne Agee of AIG following Treasury's exit. Rating the stock a Buy, the team hopes in the near future to see a dividend, details on cutting expenses, and a change to management-incentive programs to realign them with shareholder interests. Shares +0.8% premarket. [View news story]
On AIG, And When Efficient Market Hypothesis Fails: A Chance To Make Real Returns [View article]
Okay Abigsoxfan, I can see that maybe not all of their assets right now are worth book value (ILFC), but you can't tell me that everything they have, particularly their bonds which make up about 3/5 of their assets should be discounted.
It's Time To Buy National Oilwell Varco [View article]
When Everybody Loves AIG Shares, It Might Be Time To Sell [View article]
Medical Marijuana: It's Just A Pump And Dump [View article]
For these reasons, and the "coincidence" that the company fits the pump and dump style all too well, I recommend no one touches this company. You may be right in the end about the trend of the market potential, but the price you are paying today does not compensate you well for the risks you are taking.
AIG - Buy It Today For Value And Sell Covered Calls For A 37.5% Annualized Yield Rate [View article]
Looking to raise maybe another $6.5B in cash, AIG has put on offer the rest of its stake (13.7%) in AIA Group. Hank Greenberg used to call AIA the crown jewel of AIG, but today's shareholders - adding the $6.5B to the $4.23B from the ILFC sale - will no doubt be excited about the stock repurchase possibilities. [View news story]
New Year Could See Immediate Recession At Worst, Slower Growth At Best [View article]
On AIG, And When Efficient Market Hypothesis Fails: A Chance To Make Real Returns [View article]
Also, this may just be a typo, but undervaluing by $10 billion? I would think it was more like $100 Billion before.
Would You Really Let Sour Emotions Stop You From Buying $1 For 75 Cents? [View article]
Medical Marijuana: It's Just A Pump And Dump [View article]
On Growing Embedded Value [View article]
Looking to raise maybe another $6.5B in cash, AIG has put on offer the rest of its stake (13.7%) in AIA Group. Hank Greenberg used to call AIA the crown jewel of AIG, but today's shareholders - adding the $6.5B to the $4.23B from the ILFC sale - will no doubt be excited about the stock repurchase possibilities. [View news story]
I agree with you that they need to cover their butts on Sandy, but the amounts don't match up entirely. The highest I heard was in the amount of $2 Billion, but more lately I have heard $1.3 Billion. The company is going to take a loss, and their profitability until interest rates rise will be hindered for the next few years (just like other financials)..
SodaStream (SODA) looks like a holiday season retail winner to StreetAuthority. The company's rapidly growing retail footprint hits at a time when consumers are focused on cost savings and health. Profits are still growing, while debt isn't an issue. [View news story]
"Management can now devote 100% of its attention to driving returns," writes Sterne Agee of AIG following Treasury's exit. Rating the stock a Buy, the team hopes in the near future to see a dividend, details on cutting expenses, and a change to management-incentive programs to realign them with shareholder interests. Shares +0.8% premarket. [View news story]
"Management can now devote 100% of its attention to driving returns," writes Sterne Agee of AIG following Treasury's exit. Rating the stock a Buy, the team hopes in the near future to see a dividend, details on cutting expenses, and a change to management-incentive programs to realign them with shareholder interests. Shares +0.8% premarket. [View news story]
On AIG, And When Efficient Market Hypothesis Fails: A Chance To Make Real Returns [View article]