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Stanley Barton  

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  • Refreshing Our Best-Of-The-Best Dividend Portfolio [View article]

    I do plan to update the dividend portfolio, and am screening some candidates. I will definitely keep BME...they have so many accrued gains that I am fairly sure they will not be paying any "return of capital" and keep paying the big year-end distribution.

    Jan 14, 2014. 01:29 PM | Likes Like |Link to Comment
  • Two Crazy-Cheap $5 Stocks To Benefit From China's Initiatives For Its Middle Class [View article]

    Thanks for reading my article. I think the small China stocks will do well in 2014.

    Jan 8, 2014. 11:15 PM | Likes Like |Link to Comment
  • Tax Sale Bargain: NetSol Technologies [View article]

    Thanks for your insight. I think that NetSol and many other small caps can improve their reporting. My issue with both short attacks and pumpers is that they only focus on isolated parts of the business to make a case pro or con. A totally one-sided article is not helpful to readers.

    Dec 30, 2013. 03:43 PM | 2 Likes Like |Link to Comment
  • Tax Sale Bargain: NetSol Technologies [View article]

    Thanks. Regarding these hatchet jobs, the more bombastic the language the fewer real facts are involved. The use of "potential" in the headline tells me the short-seller was aware he was on thin ice with his implications. However, these articles do provide investors a chance to look at important grey areas in growth micro-caps in developing markets that often do not receive any attention from pumpers: growing accounts receivable, book value exaggerations, etc.

    Dec 30, 2013. 12:16 PM | 1 Like Like |Link to Comment
  • Tax Sale Bargain: NetSol Technologies [View article]

    Thanks for reading. I think that the entrepreneurial spirit requires constant effort to find growth in the business, and I salute the management for that initiative. I also am aware that entrepreneurs sometimes try new things because they cannot leave well enough alone a successful operation. Like I mentioned in the article, when I have carved a little amount of funds from portfolios for speculative small caps, I prefer shooting for the moon, even though there is high risk that it may not work out. However, one winner makes up for several losers.

    In the case of NTWK, they are country diversified, working with stable clients and just scratching the surface of leasing applications in developing markets. At least there is reason to believe that the company knows they have a good probability of success.
    Dec 30, 2013. 12:03 PM | 1 Like Like |Link to Comment
  • Tax Sale Bargain: NetSol Technologies [View article]

    Thanks for reading the article and for your comments. Actually, I agree that NetSol has probably outgrown the auditor, which specializes in smaller companies and has a Pakistan background. Like I said, the company culture is relationships, which is a virtue when operating in developing markets, and the management is being true to form with sticking with a small auditor, right or wrong. As for the short sellers implication that there is some collusion because the principal of the auditor and NTWK management both belong to a Pakistan development council...well, kind of like saying there is something fishy because two companies both belong to the Chamber of Commerce.
    Dec 30, 2013. 11:41 AM | 4 Likes Like |Link to Comment
  • Ambarella: 5 Different Insiders Have Sold Shares This Month [View article]
    Just announced blowout earnings and institutional ownership is up 6%. Look at how many shares the insiders are holding on to...
    Dec 19, 2013. 06:19 PM | 6 Likes Like |Link to Comment
  • Refreshing Our Best-Of-The-Best Dividend Portfolio [View article]

    It is bigger than I expected, but it is not a "return of capital." Obviously, that is a good sign, and I think the managers of this fund have proven to be better than average in their sector. BME sells for about $1.40 less than the NAV, so there is some room for appreciation just catching up to the past, at times this one sold at a premium, instead of a discount.

    Good luck and happy holidays,

    Dec 17, 2013. 12:19 PM | Likes Like |Link to Comment
  • Refreshing Our Best-Of-The-Best Dividend Portfolio [View article]

    If you buy now, theoretically you are buying the dividend and paying taxes on that. Last year and somewhat the year before the stock dropped on ex-divvy day and drifted lower until the actual payment, after which it shot up (possibly from dividend reinvestment). If history repeats, the timing of a future purchase would be sometimes after ex-dividend day and before the payment day. Of course, a Santa Clause rally in the healthcare sector would help BME regardless of dividend.

    Hope that helps.

    Dec 17, 2013. 11:06 AM | Likes Like |Link to Comment
  • The Street's Ag Blues Seem To Be Weighing On American Vanguard [View article]
    Thanks for the article.

    AVD has proven and effective management. If you think that the global food situation is an important long-term macro factor, this is a way to get exposure to that in a portfolio.
    Dec 12, 2013. 11:58 AM | 1 Like Like |Link to Comment
  • Kroger: The Earnings Dip Is A Buy Opportunity [View article]

    Thanks for a nice article on one of my long-term holdings since the mid-20's. Congratulations on Editor's Pick status also.

    I might add that few people realize that Kroger has financial interests in farms and dairies across the country to support its vision of having a Kroger store within 5 miles of all US consumers. Because of these relationships, Kroger can get the freshest high-quality produce, meats and dairy products, sourced very near the stores. It even gets some organic products from its own farms, undercutting Whole Foods and Fresh Market by a wide margin...comparison shoppers can verify this. When it comes to those competitors, who simply buy from suppliers, we will see who eats whose lunch. I should also mention that Kroger is the largest florist in the US, a very high-margin business.


    Dec 9, 2013. 06:30 PM | 2 Likes Like |Link to Comment
  • Ambarella - Momentum In Stock Outpaces Operational Improvements For This Well-Led Company [View article] likes SODA with similar growth rates and $.30/per share in cash flow at $53, but is cautious about AMBA with$.73 in cash flow and $25 per share.

    AMBA net income would be about $2 per share without R & D expense, as the company is ramping up to introduce more industry-best products, and SODA is a one-gadget wonder.

    Oh well...good luck to all, but I know which horse I would bet on.
    Dec 9, 2013. 05:54 AM | 10 Likes Like |Link to Comment
  • Ambarella Knocks The Quarter Out Of The Park, More Upside Ahead [View article]
    AMBA gets the majority of its revenue from outside the US now, so obviously has room for expansion in the US and other industries. Although earnings are great, this is AFTER rather large expenditures in R & D which will keep the technology in front.
    Dec 6, 2013. 10:27 AM | 1 Like Like |Link to Comment
  • Two Crazy-Cheap $5 Stocks To Benefit From China's Initiatives For Its Middle Class [View article]

    I know both stocks you mention, and they are on the list for consideration. In general, I have a better comfort level with Chinese companies that have some of these 3 attributes: manageable accounts receivable, working relationship with government agencies in China and reputable international clients. I have seen otherwise good stocks shot down by not watching these areas. Regarding EVK, I think the fact that they sell products to large retailers world-wide offers some level of assurance that they can provide the efficiency and quality that I am looking for. Both XUE and EVK have operations in many areas within China, which tells me they know how to manage the government agencies at local levels on up. XUE actually was designated by The Ministry of Education as the leader to organize the signing of a Self-discipline Agreement for private tutoring groups in China.
    Dec 4, 2013. 09:13 PM | 1 Like Like |Link to Comment
  • Refreshing Our Best-Of-The-Best Dividend Portfolio [View article]

    I do not know what the year-end payout will be yet, but in the last 2 years it has averaged $.91 per share over and above the normal $.384 quarterly distribution. I am expecting about that much.

    That would give us a total annual distribution of about $2.45. Divide that by $34.75 today is a yield of 7.0%. If you divide by the price of $32.85 when the article was published, the yield is 7.5%.

    There is no guarantee that they will choose to distribute that amount, but it could be more, BME has more than enough undistributed income and gains to pay a distribution in line with the previous years.

    Hope that helps.
    Nov 28, 2013. 01:44 AM | Likes Like |Link to Comment