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Sunil Shah

 
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  • Amazon Plus Twitch Equals A Whole New Game [View article]
    Gary, why am I not surprised you didn't answer the question LOL
    Sep 1 04:26 PM | Likes Like |Link to Comment
  • Amazon Plus Twitch Equals A Whole New Game [View article]
    Is this the same Deluded Gary who thinks he bought numerous BMW's with his AMZN profits? So how many Beamers have you bought Gary, with Amazon gains?
    Aug 30 08:29 AM | 1 Like Like |Link to Comment
  • Ebix's Share Buy-Back Program: An Updated Fair Value Estimate [View article]
    Investing Doc and Validus,

    You cant assume the market cap stays the same and is redistributed to a smaller number of shares on a buyback - the additional debt detracts from the equity and market value. (in finance theory, the enterprise value = equity + debt would stay the same, abstracting for tax, so roughly here, the increase in debt = decrease in equity value.)

    Nonetheless, the buyback transaction will be accretive to eps and so should lead to a higher share price if the P/E stays constant.

    That's all theory, what we have here is a the potential for a very nice short squeeze on a grossly undervalued share.

    The moment Management see the only LOGICAL remaining course of action (they've been pretty proactive of late) is to appoint a Big 3 audit firm, this could revert back to the $25 you state.
    Aug 27 03:01 PM | 1 Like Like |Link to Comment
  • Ebix's Share Buy-Back Program: An Updated Fair Value Estimate [View article]
    "Were the company simply to buy back $80 million worth of stock today, the float would be reduced by about 5.4 million shares, and the stock would instantly be worth $17.24, approximately a 16.4% premium to today's close. "

    Hello, Not sure how you come to this conclusion. Please explain rationale.
    Aug 27 08:53 AM | Likes Like |Link to Comment
  • Amazon: It Gets Weirder And Weirder [View article]
    "Gary,
    'What would have to change for you to decide to sell your Amazon holdings?'
    I sell some everytime I want a new BMW. That is it."

    IS THAT A MATCHBOX VERSION GARY - I THOUGHT THEY STOPPED MAKING THEM.

    Your sense of delusion is so complete, I'm sure you actually believe yourself.
    Aug 27 08:04 AM | 1 Like Like |Link to Comment
  • Ebix's (EBIX) CEO Robin Raina on Q2 2014 Results - Earnings Call Transcript [View article]
    I was immensely relieved to hear they are considering a big 3 audit firm. No doubt they (big 3) are not infallible, but given the SEC/DOJ investigations, given the short sellers’ rumour mongering, the added cost would be far outweighed by the quality assurance this would provide. I sincerely hope the EBIX board will promptly come to that conclusion - it's as plain as day
    Aug 11 10:10 AM | Likes Like |Link to Comment
  • Ebix's (EBIX) CEO Robin Raina on Q2 2014 Results - Earnings Call Transcript [View article]
    5500 shares traded after hours, 4900 at 13.75-13.80 and one lot at 12.74 for 600 shares. So this is a contrived trade by one short trying to pull it down. It was the last trade afterhours, and hence registered as the closing price. Shorts are running scared!!
    Aug 9 05:04 AM | Likes Like |Link to Comment
  • The Best Passive Retirement Strategy In The World [View article]
    Thanks for detail on diff between VO and MDY.
    Despite different constituents, their performance over 5 years is almost identical. So for me MDY would be a valid candidate.

    Both would avoid the S&P 500 which suffers the malaise of awarding the most bubbly stocks (social media anyone) with the highest weights to match their current representation in the index.
    Jul 2 12:53 PM | Likes Like |Link to Comment
  • The Best Passive Retirement Strategy In The World [View article]
    The top 10 holdings of MDY & VO are all different. What am I missing?
    Jul 2 08:44 AM | 1 Like Like |Link to Comment
  • The Best Passive Retirement Strategy In The World [View article]
    Joe,
    I'm not a US Resident and ineligible for the VO you refer to. There is another ETF (where we share a generic mistrust): MDY which is run by SPDR. It says it has underlying assets of 15.3bn so it must also be an index fund?

    Any reason to mistrust the MDY?
    Is it in any material way different from the VO
    Do you know how they deal with the dividend - distributed or accumulated?

    Thanks for your wisdom!
    Jul 2 08:11 AM | Likes Like |Link to Comment
  • Don't Tell The iWatch What It Can't Do [View article]
    So why cant they add all the features the author cited to the iphone? Do they really need to be on a watch (gps, speech, text etc)??
    Jun 30 10:51 AM | 1 Like Like |Link to Comment
  • John Hussman: The Delusion Of Perpetual Motion [View article]
    John, I respect your grounded approach that is not susceptible to shifting momentum winds.

    However looking ahead, what could precipitate the market correction you implicitly imply:
    -Fed tapering concerns seem to have been exaggerated - market has looked through them.
    -recent anemic economic growth hasn't dented market either
    -alternative asset classes (emerging markets) seem just as vulnerable.

    So what will catalyse your anticipated correction?

    Thanks
    Jun 30 09:49 AM | 1 Like Like |Link to Comment
  • The Best Passive Retirement Strategy In The World [View article]
    Joe, cost efficient simple and rational. You have a new follower (with a new question!):
    -Why the ETF and not an index fund (on the midcap index)
    -I 'mistrust' ETFs and prefer the underlying fund. which one has the most efficient cost ratio, from a reputable company.
    -(is my mistrust of the ETF justified?)
    -As for the midcap index, what is the largest market cap within it and the smallest at the moment.
    -is it value weighted?

    Thank you for great article!
    Jun 28 06:35 AM | Likes Like |Link to Comment
  • Salesforce.com - Same Story, Solid Top-Line Revenue Growth Combined With Widening Losses [View article]
    "recording option compensation as an operating expense is ridiculous because they don't negatively affect cash flow."

    Actually they DO affect cashflow. POSITIVELY (the option strike price received by company when option exercised). Using your argument, the more they paid salaries to employees through options, the more cashflow would go up! Go figure
    May 21 05:38 AM | 9 Likes Like |Link to Comment
  • More Dis-Economies Of Scale At Salesforce.com [View article]
    jirii75 how can you prove Salesforce is Oracle's largest customer? I would be very surprised.
    Mar 5 08:33 AM | Likes Like |Link to Comment
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