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Pim Keulen

 
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  • Royal Imtech: Today's Events Make This Stock A Perfect Short Candidate [View article]
    Gryn,
    I do honestly do not have a clue what is happening either. Reports say that hedge funds were selling to cover their short positions, but still 0.25 cents per share seems ridiculous given Imtech's value.

    It seems that the rights are undervalued and the shares are overvalued. So, investors better buy the rights rather than the shares if they want to invest in Imtech.

    Good luck!
    Oct 14 01:24 AM | 1 Like Like |Link to Comment
  • Royal Imtech: Today's Events Make This Stock A Perfect Short Candidate [View article]
    Thanks Werner for the information.
    Oct 8 03:31 AM | Likes Like |Link to Comment
  • Royal Imtech: Today's Events Make This Stock A Perfect Short Candidate [View article]
    Thanks Gryn for your inside. I do not want to be opportunistic here, but shares are down 5.5% in morning trading today. I still believe that this story will not end well. Let's see what the future brings.
    Oct 8 03:30 AM | Likes Like |Link to Comment
  • European Commission Tax Probe Could Cost Apple Billions [View article]
    "At $50 billion in pretax income for FYE September 28, 2013, every 1% increase in Apple's effective tax rate could potentially result in a $500 million decrease in earnings"

    This might sound as a large amount, but it is relatively small compared to Apple's total market cap. Effect will be minimal in my opinion. Further, there is a good possibility the EC won't be able to build their case. 
    Sep 29 09:08 AM | Likes Like |Link to Comment
  • French Pilots Put The Future Of Air France-KLM At Risk: Do Investors Need To Worry? [View article]
    Couldn;t agree more.
    Sep 26 04:02 PM | Likes Like |Link to Comment
  • Apple's iPhone 6: Good News For NXP Semiconductors, But Be Cautious Of Valuation [View article]
    Thanks Kimer,

    We'll have the final number when NXP announces their GAAP earnings estimate for next year. That would be the most reliable source I guess.

    Best,
    Pim
    Sep 20 10:02 AM | Likes Like |Link to Comment
  • Calculating Facebook's Intrinsic Value Is Not Insurmountable [View article]
    "The best measure of a firm's ability to create value for shareholders is expressed by comparing its return on invested capital (NASDAQ:ROIC) with its weighted average cost of capital (OTC:WACC)."

    Why are ROIC and WACC (two very common economic terms) noted as stock quotes?? Is this an editor's thing?
    Sep 20 09:41 AM | Likes Like |Link to Comment
  • What Under Armour Should Have Learned From Its Attempt To Sign Durant [View article]
    How many shoes did this super star sell last year?
    Sep 17 03:14 AM | 1 Like Like |Link to Comment
  • What Under Armour Should Have Learned From Its Attempt To Sign Durant [View article]
    Deercreek,

    Give me a moment here ;).

    Thanks for your additional info. If not for the shoe deals, UA should establish a long-term relationship with younger players. I never said that HS players are not wearing UA products. However, it should be their primary focus in order to deliver a more stable and less risky growth. You mentioned a deal with Notre Dame, I believe this is the way to go forward.

    Finally, Stephen Curry may be an elite player, he isn't a super star who sells shoes like LeBron and Kevin. Would not compare him with these players.

    Best,
    Pim
    Sep 17 03:14 AM | Likes Like |Link to Comment
  • Here Is Why A Merger Between SABMiller And Heineken Might Work [View article]
    In that case at least the title of my article is catching haha. But on a more serious note, I would like to know what you expected.
    Sep 15 05:31 AM | Likes Like |Link to Comment
  • Here Is Why A Merger Between SABMiller And Heineken Might Work [View article]
    Latest press release from Heineken regarding SABMiller's offer:

    http://seekingalpha.co...
    Sep 15 01:09 AM | Likes Like |Link to Comment
  • Apple's iPhone 6: Good News For NXP Semiconductors, But Be Cautious Of Valuation [View article]
    Again, please take a look at the company's earnings for 2014. Here you will find that GAAP earnings are way below non-GAAP earnings and that all your numbers are non-GAAP earnings. I believe it is fair to use GAAP earnings instead of non-GAAP earnings.

    http://bit.ly/1r9sRjH
    Sep 3 01:07 AM | Likes Like |Link to Comment
  • Adidas: Time To Buy This Unloved And Undervalued Stock [View article]
    Completely agree Tripelkozert! Thanks.
    Sep 2 02:20 PM | Likes Like |Link to Comment
  • Apple's iPhone 6: Good News For NXP Semiconductors, But Be Cautious Of Valuation [View article]
    Tomal,

    True I used historic PE. However, Q3 guidance was good, but wasn't great either when NXP reported its Q2 results. So, add up the results over the first two quarters and I find that P/E ratio based on 2014 GAAP earnings is still a bit high.

    Best,
    Pim
    Sep 2 02:19 PM | Likes Like |Link to Comment
  • Apple's iPhone 6: Good News For NXP Semiconductors, But Be Cautious Of Valuation [View article]
    Grantharbert,

    The same case can be made for non-GAAP EPS. For example, why exclude share based compensation expenses etc? Does this give a clear image of true earnings? I would like to see some more evidence of big one-time or non-recurring items in NXP's GAAP earnings before considering your (potential) solid argument.

    Best,
    Pim
    Sep 2 02:17 PM | Likes Like |Link to Comment
COMMENTS STATS
161 Comments
78 Likes