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Paul Price

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  • Tim Hortons-Burger King entity sticks to Canada plan [View news story]
    As a 'friend of Barrack'... Buffett will get a free pass on this.
    Aug 26 08:33 AM | 1 Like Like |Link to Comment
  • Judge tosses lawsuit claiming BP misled regulators about Gulf platform [View news story]
    Why did it take 5 years to find out there were no supporting facts?
    Aug 25 07:27 PM | 8 Likes Like |Link to Comment
  • Express Scripts: M&A Activity Blurs A Profitable Enterprise [View article]
    Using a 2005 starting date for your calculation period seems inappropriate since the complexion of the company changed radically with the 2012 Medco merger.

    The numbers, since the business combination, don't look impressive in ESRX's current iteration.

    Separately: Putting 80% of your invested capital in any one stock is very bad risk management regardless of how well you might like a particluar company.
    Jun 19 09:23 AM | Likes Like |Link to Comment
  • Kraft Foods And Other Ideas To Find The Next Hillshire Brands [View article]
    ConAgra (CAG) has a low P/E, a better than 3% dividend and great brand names. They and Kraft (KRFT) look like good bets to monetize their hidden values.
    Jun 10 06:57 AM | Likes Like |Link to Comment
  • Oracle Versus SAP: Valuations That Defy Logic [View article]
    It's now been about 18-months since my article was posted touting ORCL over SAP.

    Since then ORCL has risen 35.6% (from $30.92 to $41.93) while SAP has declined by 1.02% (from $77.21 to $76.42).

    Case closed.

    I'm declaring victory.
    May 14 09:22 AM | 1 Like Like |Link to Comment
  • How Long Can You Afford To Be Under Water? [View article]
    For an alternative, and well documented, veiwpoint click here and here
    May 12 08:24 AM | 1 Like Like |Link to Comment
  • Book Review: The 52-Week Low Formula [View article]
    There has never been a mechanical system that generates stock market riches.

    Thought and judgment has always been required.
    May 11 09:18 AM | 1 Like Like |Link to Comment
  • Cramer's Lightning Round - Gilead Is Coming Back To Its Senses (5/1/14) [View article]
    The low price on BBBY will make share buybacks even more effective at raising EPS, which are already at record levels.

    BBBY is a true bargain in a world with few of them now available. It should be a great stock for those with 6 - 12 month horizons.
    May 2 08:03 AM | Likes Like |Link to Comment
  • Ally Financial: Transition Near Completion, Will Lead To Core Focus And Strong Upside [View article]
    Direct competitor CIT just reported a horrible quarter.

    You will find CIT in the same high-yielding CD category that ALLY falls in to. Sh**ty banks have to pay premium prices to lure depositor money. That is a huge drag on corporate performance.
    Apr 30 08:08 PM | Likes Like |Link to Comment
  • Ally Financial: Transition Near Completion, Will Lead To Core Focus And Strong Upside [View article]
    The fact that ALLY must pay among the highest CD rates in America to attract deposits tells you all you need to know. They are desperate for capital, forcing them to pay more than their competitors.

    If ALLY drops their interest rates, trying improve future returns, the 'hot' money (internet-based deposits) will simply move on to other distressed banks which continue to pay more.

    That will keep profit margins low to negative - ALLY's trailing 12-months result was a loss (-$1.64).

    Avoid this company, which failed a FED stress test last year and is still very sick.
    Apr 30 06:57 AM | Likes Like |Link to Comment
  • Why Oakmark Buys Franklin Resources Stock [View article]

    I agree with the author of this SA article. Click on the link above to see my own take on BEN.
    Apr 29 11:42 AM | Likes Like |Link to Comment
  • Ally Financial: Allay Your Fears [View article]
    You said, "I know a lot of you might ridicule my approach or assumptions, and you have all the right. "

    You are correct. Your assumptions, and thus your conclusions, are likely to be totally inaccurate. GIGO.
    Apr 26 08:38 AM | Likes Like |Link to Comment
  • Why Alcoa Is Heading To $15 [View article]
    Alcoa's 2013 annual report lists Dec. 31, 2013 book value as $9.84 per share.

    Value Line indicates that $3.20 per share of that is for intangibles. That leaves tangible book value at $6.64 /share.

    Your whole theory... "Alcoa's stock is worth slightly more than the tangible book value on its balance sheet" is based on a wrong number (for the tangible book value). It appears you were using the 2012 YE number which was reduced significantly by AA's big loss last year.

    Page 2 of the report shows YE 2013 book value data. See link below.
    Apr 11 08:12 AM | 1 Like Like |Link to Comment
  • Howard Marks: Dare To Be Great II [View news story]
    When you can make a lot by taking big risk with other people's money ... you will do that.

    That does double when there is no penalty for losing.

    That is the hedge fund model. Play concentrated and with huge leverage. If it works you're a hero and get rich. If it doesn't close it down and start fresh.
    Apr 9 07:09 PM | Likes Like |Link to Comment
  • Ross Stores: Retail Investing With Limited Risk [View article]

    Ross Stores CEO's $10.9 Million Sale
    Michael Balmuth sold 150,673 shares of the discount retailer.

    Other insiders were also big sellers this month.
    Mar 10 10:35 PM | Likes Like |Link to Comment