Scott Wachsler's  Instablog

Texas (June 19, 2013) Wax Ink has issued a Positive Investment Interest rating for Basic Energy Services, Inc. (NYSE: BAS) based on a recent baseline equity review which placed fair value between $39-$42.

The recent close of $13.63 is approximately 46% below the fair value buy target for the stock and approximately 74% below the fair value close target for the stock. The recent close is also 15% below analysts' twelve-month $16.00 median price target for the stock.

The recent close represents a 3% increase in price since the last baseline equity review was conducted in April of 2012.

The stock currently has a trailing twelve-month PE Ratio of 3, and a PEG Ratio of 0.3 basis estimated forward earnings growth of 10%.

In the past 52 weeks, share prices have moved between a high of $16.60 and a low of $8.52, placing equilibrium at $12.85.

Basis the recent close, the stock is trading 22% below the 52 week high, 38% above the 52 week low, 6% above equilibrium, and has an average daily trading volume of approximately 920 thousand shares.

Basic Energy Services, Inc. provides various well site services to oil and natural gas drilling and producing companies in the United States.

The company's competitors include Halliburton Company, Key Energy Services Inc., and Nabors Industries Ltd..

Financial information that may be contained herein, is based on the company's most recent annual SEC filing for year ending December 31, 2012. All prices are per share unless otherwise noted.

Wax Ink currently has no investment position in the company mentioned in this alert.

Wax Ink is a baseline equity research company comprised of individual investors, NOT licensed or registered with ANY government agency.

For use by Accredited Investors as defined under Title 17, CFR §230.500, Regulation D

Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in BAS over the next 72 hours.

Texas (June 18, 2013) Wax Ink has issued a No Investment Interest rating for Koninklijke Philips N.V. (NYSE: PHG) based on a recent baseline equity review which placed fair value between $32-$38.

The recent close of $28.97 is approximately 51% above the fair value buy target for the stock and approximately 26% below the fair value close target for the stock. The recent close is also 20% below analysts' twelve-month $36.00 median price target for the stock.

The recent close represents a 58% increase in price since the last baseline equity review was conducted in April of 2012.

The stock currently has a trailing twelve-month PE Ratio of 10, and a PEG Ratio of 0.6 basis estimated forward earnings growth of 17.5%.

In the past 52 weeks, share prices have moved between a high of $31.95 and a low of $18.28, placing equilibrium at $27.87.

Basis the recent close, the stock is trading 10% below the 52 week high, 37% above the 52 week low, 4% above equilibrium, and has an average daily trading volume of approximately 821 thousand shares.

Koninklijke Philips N.V. engages in the healthcare, lighting, and consumer lifestyle businesses worldwide.

The company's competitors include General Electric Company, Panasonic Corporation, and Sony Corporation.

Financial information that may be contained herein, is based on the company's most recent annual SEC filing for year ending December 31, 2012. All prices are per share unless otherwise noted.

Wax Ink currently has no investment position in the company mentioned in this alert.

Wax Ink is a baseline equity research company comprised of individual investors, NOT licensed or registered with ANY government agency.

For use by Accredited Investors as defined under Title 17, CFR §230.500, Regulation D

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Texas (June 17, 2013) Wax Ink has issued a No Investment Interest rating for Knoll, Inc. (NYSE: KNL) based on a recent baseline equity review which placed fair value between $19-$23.

The recent close of $14.41 is approximately 29% above the fair value buy target for the stock and approximately 37% below the fair value close target for the stock. The recent close is also 30% below analysts' twelve-month $20.50 median price target for the stock.

The recent close represents a 5% increase in price since the last baseline equity review was conducted in September of 2011.

The stock currently has a trailing twelve-month PE Ratio of 10, and a PEG Ratio of 6.6 basis estimated forward earnings growth of 1.5%.

In the past 52 weeks, share prices have moved between a high of $18.69 and a low of $11.96, placing equilibrium at $15.66.

Basis the recent close, the stock is trading 30% below the 52 week high, 17% above the 52 week low, 9% below equilibrium, and has an average daily trading volume of approximately 166 thousand shares.

Knoll, Inc. together with its subsidiaries, engages in the design, manufacture, marketing, and sale of furnishings and accessories, textiles, fine leathers, and felt for the workplace and home in the United States, Canada, and Europe.

The company's competitors include Herman Miller Inc., HNI Corporation, and Steelcase Inc..

Financial information that may be contained herein, is based on the company's most recent annual SEC filing for year ending December 31, 2012. All prices are per share unless otherwise noted.

Wax Ink currently has no investment position in the company mentioned in this alert.

Wax Ink is a baseline equity research company comprised of individual investors, NOT licensed or registered with ANY government agency.

For use by Accredited Investors as defined under Title 17, CFR §230.500, Regulation D

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.