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Michael L. Boyer

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  • Kraft Foods - A Forgotten Dog Of The Dow [View article]
    Not sure if any of the two successor companies of Kraft will be in the Dow post split.
    May 25 05:36 PM | Likes Like |Link to Comment
  • Cash Rich Companies Choosing Stock Repurchases Rather Than Dividend Hikes - Part XIV [View article]
    The DENN story is worth following--new management (from Brinker, Dunkin, etc), paying down debt (fairly recently got covenants against dividends/buybacks removed), buying back stock, opening some key locations (travel centers and near college campuses), shifting to a franchise model.

    A bit of a turn-around and possible growth and demographics story.

    At 4 bucks and change and a relatively decent P/E, the value seems to be in the buyback and not the dividend; next to plowing back money into the company, buyback is probably the best use of retained earnings.

    The firm is still constrained by lagging economies in Denny's heavy sand/sun belt states (like California, Florida, Arizona). Look for the pop when those underlying economies improve and the buybacks are done and prime locations open.
    May 25 12:21 AM | Likes Like |Link to Comment
  • Denny's: A 'Grand Slam' For Investors? [View article]
    Yes, a compelling turn-around story that is just awaiting some demographic help (especially from Denny's heavy California, which just announced staggering 16 billion budget deficit and potentially massive cuts across the social sector).

    When the sun/sand states rebound, the top (and bottom) line for Denny's should see strong improvement, especially with lower debt, better management, etc.
    May 18 05:30 PM | Likes Like |Link to Comment
  • These Companies May Be Habit Forming [View article]
    Thanks! PG seems to dominate the US bathroom cabinets (especially in the US).

    There is also some comfort and connection in the companies making the things we use daily--especially with markets reeling from issues with complex synthetic financial instruments that are hard to understand...
    May 14 07:09 PM | Likes Like |Link to Comment
  • 7 Summer Sports Stocks To Consider [View article]
    The seasonal KFT struck me looking at the coupons in the Sunday paper: full page on drinks (Country Time, Kool Aid, Capri Sun, Crystal Light) and a page on bbq sauces &desserts (A-1, KFT BBQ sauce, Jello, Cool Whip, and Jet Puffed Marshmallows).

    Also, we have the Honey Grahams and Cadbury Chocolate for Smores.

    The list goes on...

    Both North American Foods & Global Snacks will have good summer exposure post split.
    May 11 01:08 PM | Likes Like |Link to Comment
  • Reviews You Can Use: Third-Party Product Reviews And Stock Price [View article]
    Updates:
    In entertainment
    --we have a good look at reviews, releases date, and marketing with Disney's (DIS) Avengers. See Bloomberg Businessweek p.22-23 (April 23-29); Time Magazine p. 46-49 on Whedon and Avengers (May 7th 2012). Will they redeem themselves after John Carter?

    In autos, too many reviews to mention on the current and soon to be released models across the car and general media (Car & Driver, Consumer Reports, USA Today, Popular Mechanics, and many more).
    May 3 12:45 PM | Likes Like |Link to Comment
  • Dividend Play: Stewart Enterprises [View article]
    Interesting, I had not followed this company or industry.

    Are there any theories on the eventual baby boomer demographic and this industry or firm.

    It is a not a rosy thought, but eventually no one "gets out alive" as they say, and this industry may be well poised for final episode of spending by this massive and affluent demographic.
    Mar 29 01:43 PM | Likes Like |Link to Comment
  • Denny's Poised To Overcome Demographic Headwinds [View article]
    Nice short piece in Mar 19-25 Businessweek (p. 22-24) on "Sand States" Recovery.

    The article notes AZ, CA FL, and NV (all Denny's heavy states) are "taking the lead in job creation. They added 222,100 jobs from August through December."

    But the four states "still have higher unemployment than the US average."

    Yet they are predicted to "make quicker job gains this year" by Moody's.

    Now, we'll be able to see if the improving jobs picture continues to boost DENN revenues in 2012.
    Mar 29 12:38 PM | Likes Like |Link to Comment
  • Kraft's Split Story Continues In 2012 [View article]
    Yes, a survey of all the articles on the Mondelez topic online places the name change on pace for a spot in the hall of shame in corporate branding moves, but there is still some hope.

    The only bright side I can see is the level of free exposure related to the company split and its brands. There is quite buzz--albeit negative about the name (but still positive about the underlying brands/products).

    It may create some buzz and interest and awareness in the new firm.

    And the only other consolation is that there still needs to be a shareholder approval of the name, and the press, experts and public impression look to be 100% negative so far; so shareholders may nix the name.

    Here is an article with 1/2 dozen other articles about the enigmatic name for Kraft Global Snacks:

    http://yhoo.it/GHzyiA

    The best result to hope for now is that it may be a "New Coke" scenario--where a bad corporate move to a new formula/name prompts massive backlash but eventually stronger consumer buy in for the traditional brand and name.

    A name with Kraft (paired with international or global) in it may be possible; or maybe even the use of an existing large name evocative of the product line--like Nabisco, Cadbury (or Nabisco-Cadbury) may not be out to the running yet.
    Mar 22 11:09 PM | Likes Like |Link to Comment
  • Kraft's Split Story Continues In 2012 [View article]
    Well, the split process was fairly seamless and error free up to the naming of the snack business (but what's in a name?).

    Maybe Kraft Global Snacks (KGS) is still free?

    Mondelez sounds a bit like a 1970's Detroit sedan with rich Corinthian leather:

    http://usat.ly/GGjlgm
    Mar 21 06:49 PM | Likes Like |Link to Comment
  • Will BofA Succeed? Depends On Its Litigation Strategy [View article]
    Lots of press out on the settlement today.

    CNN note that big banks may have turned corner and the settlement adds some certainty; is in line with estimates; and the reserves are already in place--hence BAC up today and other players just off slightly:

    http://cnnmon.ie/yxrAQ7
    Feb 9 11:14 PM | Likes Like |Link to Comment
  • Kraft's Split Story Continues In 2012 [View article]
    Thanks!

    Yes, Kraft is an ideal company for the small investor. You can practically do research at your local grocery store.

    Hope to hear more split details emerge in the coming months.
    Feb 9 03:36 AM | Likes Like |Link to Comment
  • What's In The Works At Dreamworks Animation? [View article]
    Interesting look at DWA content in the pipeline.

    You have the gross numbers and film synopsis in spades, but what is the cost structure like (i.e., how much do these animated films cost to make) and what is the trend there (escalating or decreasing)?
    Jan 25 02:03 PM | Likes Like |Link to Comment
  • The Giants, Ravens And 49ers Of Biotech [View article]
    The football idea is a useful analogy to help investors understand this sector!

    Very insightful analysis.
    Jan 20 09:19 PM | Likes Like |Link to Comment
  • Kraft Foods Is Worth How Much? [View article]
    Also, there may be some renewed interest and anticipation regarding the KFT split from investors.
    Jan 20 02:33 AM | Likes Like |Link to Comment
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