Vale Has Substantial Upside Potential [View article]
I remember spending $15 for a meal at Subway in Rio De Janeiro. Obviously that was a very expensive one compared to anywhere in the world. The hot money flooded into Brazilian bonds increased the value of Real.
Linn Energy Provides A Good Opportunity For The Long Haul [View article]
Philip. You are absolutely correct. Unfortunately, Nasdaq data was not adjusted for the split. This is why it looks like a 50% cut. Hopefully, the data will be corrected soon. Thanks for the comments,
Vale Has Substantial Upside Potential [View article]
Yes. This is an unfortunate but serious problem in Brazil. While the stocks are really cheap, its currency is highly overvalued. A strategy that is long in Brazillian equities but short in Brazilian Real is probably the best one.
Bank Of America Reaches New Highs After Settling With MBIA [View article]
Hi MexCon,
You are surely right about the book value. It is exaggerated by a goodwill of $70 billion (what goodwill?) and intangible assets of $6.6 billion. However, BAC is one of the few financials that is still trading way below its pre-crises valuation.
ARM Move Sharply Higher After Beating Estimates [View article]
Ashraf is like a 'team of analysts' himself. Obviously, his knowledge of subject is better than many of the professional analysts who keep upgrading/downgrading the stocks on an almost random basis.
ARM Move Sharply Higher After Beating Estimates [View article]
Yes. It is pretty high. But its growth pace is similar to that of Apple's growth in the last decade. At 2005, Apple was also trading at a P/E ratio of about 100+, but now it is trading at a P/E of less than 10. Meanwhile shareholders quadrapled their investment in the last decade.
John, Thank you for the comments. You are right about the Year 0 EPS. However, as you might noticed, I assumed '0 growth' after 5 years. So that is a reasonable addition.
The book value is the theoretical liquidation value. Most companies has excess cash over liabilities, which you are entitled as a shareholder. The upper level is the maximum, so that does not mean the exact fair value.
The iShares Turkey ETF Got Really Ugly Really Fast [View article]
The iShares Turkey ETF Got Really Ugly Really Fast [View article]
Vale Has Substantial Upside Potential [View article]
Linn Energy Provides A Good Opportunity For The Long Haul [View article]
Linn Energy Provides A Good Opportunity For The Long Haul [View article]
Vale Has Substantial Upside Potential [View article]
Armour Residential Slumps After Earnings Release [View article]
Armour Residential Slumps After Earnings Release [View article]
http://bit.ly/15x4zaJ
Bank Of America Reaches New Highs After Settling With MBIA [View article]
You are surely right about the book value. It is exaggerated by a goodwill of $70 billion (what goodwill?) and intangible assets of $6.6 billion. However, BAC is one of the few financials that is still trading way below its pre-crises valuation.
ARM Move Sharply Higher After Beating Estimates [View article]
ARM Move Sharply Higher After Beating Estimates [View article]
Suncor Has A 50% Upside Potential [View article]
Suncor Has A 50% Upside Potential [View article]
Suncor Has A 50% Upside Potential [View article]
Thank you for the comments. You are right about the Year 0 EPS. However, as you might noticed, I assumed '0 growth' after 5 years. So that is a reasonable addition.
The book value is the theoretical liquidation value. Most companies has excess cash over liabilities, which you are entitled as a shareholder. The upper level is the maximum, so that does not mean the exact fair value.
Suncor Has A 50% Upside Potential [View article]