Mark Krieger

Basic Food Fund: Fat and Happy for Now

Roger: way to think outside the box,, BRAVO!!!!!!!!!!!!!!!

Basic Food Fund: Food Stocks Devour Bears

I like it alot, although I'm surprised the share price has not acted more favorably... The company is doing the right thing and sooner rather than later Wall Street will catch on and reward the stock appropriately.

Basic Food Fund: Food Stocks Devour Bears

you are right, PBY , JBLU and SCS are not food stocks-i included them because they were a big part of my portfolio and I wanted to track them. About WFMI, It's a high priced food retailer and I expect many consumer's will drop down to lower priced retailers to help ease their finacial burdens brought on by the recession. MY point is simple: Beaten down defensive stock present less risk and higher reward potential than most other equities!!


On Mar 30 03:08 PM Alan Young wrote:

> Why are SCS, JBLU, and PBY in a food index? (Did you mean PBJ?)<br/>Other
> components are a really mixed bag. CAG is about even; but IPSU is
> down -50% YTD--never mind the one-day block sale. So what's your
> point? "You have to be a glutton for punishment" to buy all these
> names just because the sector seems safe.
> Ironically, WFMI --not on your list-- is outperforming all of them:
> +60% YTD.

Basic Food Fund Skyrockets

There is no such index, because I invented it, a little bit out of neccesity to track my own holdings. I cleverly coined it the "BFF" and it kind of stuck, even though three of the components are non food related.These are my core holdings and I figured why not make my own index out of these for fun. Who knows: maybe S&P will adopt it, as a true index someday-I won't hold my breath!


On Mar 13 03:35 PM Hmm?! wrote:

> BFF?? I can find no such index on bigcharts or my online brokeredge?
> I did some looking on google too.

Food Stocks Not As Safe as I Thought

i think the insurance is more than adequate: IPSU has three separate types of insurance: They are (1) workers comp (2) Liability (3) Property loss/ business interruption..the fist two deal with claims for injuries and item one has no limits other than State statutes.

Basic Food Fund: Will a 5000 Dow Decimate It?

it's a joke: The market is giving no value to IPSU's cash, and it two refinery plants. The company will also be getting a $40-60 million influx of cash through business insurance interruption proceeds, as well as another $250 million to rebuild its damaged plant. This one is a classic Buffett stock--his mantra: Buy when others are fearful.. This one is the buy of the century--its only caveat; its management team is ineffective at communicating to Wall Street.

Basic Food Fund: Will a 5000 Dow Decimate It?

I think I was referring to the Wholesome Sweetner business being worth $80 million, not the mexican joint venture!


On Feb 25 09:45 AM whatswrong wrote:

> Mark,
>
> You also stated in an earlier article that IPSU 50% position in the
> Mexican joint venture had a total value of 80 mil at todays mrkt
> cap that would value IPSU core business at less that 50 mil. Any
> comments are appreciated.

Basic Food Fund Holds Its Own

you are right..thanks for catching the error, mark


On Feb 06 11:03 AM T2MLM wrote:

> Basic Food Fund is proving its 'mettle,' you meean, ahem

Basic Food Fund Still Outperforming the Market

Thanks for the nice words..I appreciate it. mark


On Dec 15 11:42 AM delcape wrote:

> I like your style, and your analysis. I too am long on a few of these
> issues, sometimes wishing I had waited to pull the trigger on some
> (PBY NOW). My faith &amp; experience along with your philosophy,
> encourage me to buy more on the "dips". I do, however have some apprehension
> as to returning to their previous highs. These are such uncertain
> times.
> Thanks for your columns.
> Dan

Basic Food Fund Still Outperforming the Market

I sure hope so......that would be nice, but frankly my confidence has been shaken! Mark


On Dec 15 11:57 AM Roger Knights wrote:

> Looking on the bright side, PBY's decline creates a sort of double
> bottom, doesn't it?

Basic Food Fund at Rock Bottom Prices

I do own a ton of GAJ.....I think it's a hell of a bargain and could easily run back up to the $20 vicinity by years end. Mark


On Nov 21 10:36 AM Craigla1 wrote:

> Mark: Why not load up on GAP's long dated (2039) bond, GAJ? $25 par
> value, $2.34 in annual coupon. Trading below $11. Now yielding well
> over 20%.
>
> This looks to be a better play than buying the common.