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  • Cisco: It's Time To Rethink [View article]
    I think the company's foray into the Internet Of Things is worth a second look. CSCO unveiled an IoT router in September. John Chambers think the industry will be worth several trillion dollars by 2020. It's still too early to tell, but that might give the stock some significant upside in two or thee years. You can visit these links for more information:

    http://bit.ly/1ct2Xjk

    http://bit.ly/1ct2Xjn#awesm=~order7rEcmEuLZ
    Dec 27, 2013. 04:38 AM | Likes Like |Link to Comment
  • Can Sears Be The Next Amazon? [View article]
    Yes its quite possible when you are starting so low.
    Nov 5, 2013. 03:21 PM | Likes Like |Link to Comment
  • JPMorgan Leads The Pack Of Overfunded Pension Plan Assets [View article]
    Ok 6762. Will provide the URL soon as the article is published.
    Nov 4, 2013. 01:44 AM | Likes Like |Link to Comment
  • JPMorgan Leads The Pack Of Overfunded Pension Plan Assets [View article]
    Hi 6762, the main point of the article was not to say that overfunded pension plans are a bad thing per se, but rather to show how they can significantly affect the calculated ROIC by raising it when they are accounted for. I have said very clearly in the article that although JPM's overfunded assets are the highest in absolute amount, they virtually do not affect its ROIC significantly since they work out to well below 1% of its total assets. For other much smaller pension plans such Kaiser Aluminum Corp, with about 21% overfunded assets calculated as a % of total assets, the ROIC rises from 6% to 8%.
    The main theme of the article was simply how overfunded pension plan assets can significantly alter a company's ROIC. Maybe the title should have read a little different. I recently wrote a bullish JPM article on The Motley Fool which will published in a few days (will provide the URL once its published). I believe the company is fundamentally strong despite its many scandals, and the low valuation probably provides fresh entry points for new investors interested in the stock.
    Nov 3, 2013. 04:40 AM | Likes Like |Link to Comment
  • Sears: Get Out Or Get Burned [View article]
    Very true dhunter3759sa. Selling assets to produce free cash flow is a very ephemeral measure, no matter how extensive your assets are at the moment(unless of course they are infinite). What Sears is doing right now can only forestall its weaknesses for a limited amount of time.The truth will eventually come out in the end.
    Oct 15, 2013. 05:31 AM | Likes Like |Link to Comment
  • Sears: Get Out Or Get Burned [View article]
    Thanks for your comments. The article was meant to emphasis Sears' huge potential Downside.By now most investors know that the majority of Sears' investors are not in it because they see Sears as a good turnaround bet, but rather because they view the company as a good asset play.The Baker Street report was largely responsible for the huge rally witnessed recently since it valued Sears' real estate properties at levels far above the consensus estimates.The credibility of the report,however,comes into question when you consider the huge interest the firm has in Sears.
    Oct 15, 2013. 02:08 AM | 4 Likes Like |Link to Comment
  • Express Scripts Trading At A Deep Discount To Fair Value [View article]
    I had pointed out in the article that CVS Caremark has a 12% share of the market.That should be 26% instead. 12% was Medco's market share before its merger with ESRX.
    Oct 10, 2013. 12:03 AM | Likes Like |Link to Comment
  • Express Scripts Trading At A Deep Discount To Fair Value [View article]
    Hi Brendan. I agree that the firm's operating margins are considerably lower than those of its main rival CVS Caremark ( 6.3% Q2 2013). But I wanted to provide the whole picture of where Express Script currently lies.From the chart the margin compression seems to be easing out a bit and might even return to its pre-crisis level of 6.4%, according to Morning Star forecasts.In my risk analysis section, I have pointed out that CVS might decide to get a little aggressive on its pricing and try and wrench market share from ESRX, which it can afford to do given its higher operating margins. But of course such a move would only be a temporary reprieve, and cannot be sustained over the long term.The PMB with a pricing structure that allows the most favorable spread retention will eventually win.
    Oct 9, 2013. 06:01 PM | 1 Like Like |Link to Comment
COMMENTS STATS
8 Comments
5 Likes